S&P: 15% Chance US Goes Off ‘Fiscal Cliff’


“Standard & Poor’s on Thursday said it sees an increasing chance that the U.S. economy will go over the “fiscal cliff” next year, though policymakers will probably compromise in time to avoid that outcome.

Analysts at the credit ratings agency now see about a 15 percent chance that political brinkmanship will push the U.S. economy — the world’s largest — over the fiscal cliff.”

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