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‘Fiscal Cliff’ Not Just a US Concern, Economist Saysi
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28 December 2012
Not only Americans have cause for concern as US President Barack Obama and Congress wrestle with the prospect of a “fiscal cliff.” Duch Darin, a US-based economist, tells VOA Khmer’s Ly Moryvann that countries around the world could be affected if the two sides can’t agree on a budget, forcing major tax increases and spending cuts that could cause the US economy to shrink.

‘Fiscal Cliff’ Not Just a US Concern, Economist Says

Published 28.12.2012

Not only Americans have cause for concern as US President Barack Obama and Congress wrestle with the prospect of a “fiscal cliff.” Duch Darin, a US-based economist, tells VOA Khmer’s Ly Moryvann that countries around the world could be affected if the two sides can’t agree on a budget, forcing major tax increases and spending cuts that could cause the US economy to shrink.