CBO: ‘Fiscal cliff’ deal carries $4 trillion price tag over next decade

The Senate deal to avoid the “fiscal cliff” will add roughly $4 trillion to the deficit when compared to current law, according to new numbers from the Congressional Budget Office (CBO). The CBO determined Tuesday that the package, hammered out late Monday evening by Vice President Biden and Senate…

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CBO: ‘Fiscal cliff’ deal carries $4 trillion price tag over next decade