The United States’ economy could shrink as much as 4 percentage points in the first half of 2013 if Congress fails to address the expiration of $600 billion worth of tax breaks and jobless benefits by the end of this year, according to Goldman Sachs.
Wednesday, May 16, 2012
‘Fiscal Cliff’ Could Shrink US GDP Growth By 4%: Goldman Sachs
CNBC reports: