Understanding the 'fiscal cliff' in 2 min 3 sec

8 simple principles

Acclaimed author, Berkeley professor, and Clinton-era Secretary of Labor Robert Reich lays out the what, why and how of the Fiscal "Cliff", the showdown in Congress that Republicans created to demand painful cuts in vital domestic programs in exchange for raising taxes on the top 2%. Learn the facts, and the best way out of this forced showdown.

Click here to watch Robert Reich explain how to survive the 'Fiscal Cliff':