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fiscal cliff - definition and synonyms

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noun
  1. From our crowdsourced Open Dictionary
    the tax increases and spending cuts that will have to take place in the US at the end of 2012 when the Budget Control Act of 2011 comes into effect
    Even as Mr Obama and Mitt Romney made their last pitches to voters, the investors called on Congress to do a deal to avert the "fiscal cliff".
    Submitted from United Kingdom on 05/11/2012

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a meal served in the evening which consists of foods traditionally eaten at breakfast

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a company that pays its employees to write online comments in favour or against somebody or something posing as ordinary Internet users

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