1.Fiscal cliff is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect . Among the laws set to change at midnight on December 31, 2012, are the end of last year’s temporary payroll tax cuts (resulting in a 2% tax increase for workers), the end of certain tax breaks for businesses, shifts in the alternative minimum tax that would take a larger bite, the end of the tax cuts from 2001-2003, and the beginning of taxes related to President Obama’s health care law.Click here to know more about fiscal cliff 2. The DR Congo has had a turbulent past. It gained independence from Belgium in 1960, but immediately faced an army mutiny, and the UN voted to send in troops to establish order . In 1965, Mobutu Sese Seko seized power. He later renamed the country Zaire.He retained power until 1997, when Rwanda invaded to drive out Hutu militias.La...
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