fiscal cliff

noun

a governmental or personal financial crisis that is brought on by economic factors or policies: High housing costs have pushed many families over the fiscal cliff.Some municipalities are on the edge of a fiscal cliff after years of overspending.

(specifically) a financial crisis that threatens to disrupt the economy or personal finances and is brought on by steep governmental spending cuts and tax increases: Congressional legislation to avert the fiscal cliff.

Origin of fiscal cliff

First recorded in 1950–55

Words nearby fiscal cliff

First World War, firth, fisc, fiscal, fiscal agent, fiscal cliff, fiscal drag, fiscal policy, fiscal year, Fischer, Fischer-Dieskau

Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for fiscal cliff

He also praised House Speaker John Boehner for compromising during the fiscal-cliff showdown.
Politicians and Celebrities Flock to Newsweek’s Inaugural Brunch|Howard Kurtz|January 20, 2013|DAILY BEAST
The debt-ceiling crisis, which started just as the fiscal-cliff crisis was resolved, is more amorphous.
Obama Brinksmanship Puts GOP in Tough Spot on Debt Ceiling|Daniel Gross|January 14, 2013|DAILY BEAST
With the tax portion of the fiscal-cliff deal done—for better or worse—Washington's attention will now turn to deficit reduction.
The Best Way to Reform Health Care—and Cut the Deficit|Einer Elhauge|January 6, 2013|DAILY BEAST
And liberal pundits who are up in arms about the fiscal-cliff deal seem not to recognize the difference.
Dear Liberals: Stop Complaining|Michael Tomasky|January 3, 2013|DAILY BEAST

The fiscal-cliff drama will likely end without any grand bargain on revenues and entitlements.
Washington May Have a Deal on Taxes, but the Toughest Problems Remain|Daniel Gross|December 31, 2012|DAILY BEAST

British Dictionary definitions for fiscal cliff

fiscal cliff

noun

informal a situation in which sudden changes in government expenditure and taxation have a profound effect on a country's economy

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

单词	fiscal cliff
释义	fiscal cliff noun a governmental or personal financial crisis that is brought on by economic factors or policies: High housing costs have pushed many families over the fiscal cliff.Some municipalities are on the edge of a fiscal cliff after years of overspending. (specifically) a financial crisis that threatens to disrupt the economy or personal finances and is brought on by steep governmental spending cuts and tax increases: Congressional legislation to avert the fiscal cliff. Origin of fiscal cliff First recorded in 1950–55 Words nearby fiscal cliff First World War, firth, fisc, fiscal, fiscal agent, fiscal cliff, fiscal drag, fiscal policy, fiscal year, Fischer, Fischer-Dieskau Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020 Example sentences from the Web for fiscal cliff He also praised House Speaker John Boehner for compromising during the fiscal-cliff showdown. Politicians and Celebrities Flock to Newsweek’s Inaugural Brunch\|Howard Kurtz\|January 20, 2013\|DAILY BEAST The debt-ceiling crisis, which started just as the fiscal-cliff crisis was resolved, is more amorphous. Obama Brinksmanship Puts GOP in Tough Spot on Debt Ceiling\|Daniel Gross\|January 14, 2013\|DAILY BEAST With the tax portion of the fiscal-cliff deal done—for better or worse—Washington's attention will now turn to deficit reduction. The Best Way to Reform Health Care—and Cut the Deficit\|Einer Elhauge\|January 6, 2013\|DAILY BEAST And liberal pundits who are up in arms about the fiscal-cliff deal seem not to recognize the difference. Dear Liberals: Stop Complaining\|Michael Tomasky\|January 3, 2013\|DAILY BEAST The fiscal-cliff drama will likely end without any grand bargain on revenues and entitlements. Washington May Have a Deal on Taxes, but the Toughest Problems Remain\|Daniel Gross\|December 31, 2012\|DAILY BEAST British Dictionary definitions for fiscal cliff fiscal cliff noun informal a situation in which sudden changes in government expenditure and taxation have a profound effect on a country's economy Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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