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President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.
Mark Zandi

Meaning of "fiscal cliff" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF FISCAL CLIFF

fiscal cliff play
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GRAMMATICAL CATEGORY OF FISCAL CLIFF

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Fiscal cliff is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES FISCAL CLIFF MEAN IN ENGLISH?

United States fiscal cliff

The United States fiscal cliff was a situation that came into existence in January 2013 whereby a series of previously enacted laws would simultaneously come into effect. The Bush tax cuts of 2001, which had been extended for two years by the 2010 Tax Relief Act, were to expire on December 31, 2012, and planned spending cuts under the Budget Control Act of 2011 also came into play. That Act was enacted as a compromise to resolve a dispute concerning the United States debt ceiling and address the failure of the 111th Congress to pass a federal budget. Discretionary spending for federal agencies and cabinet departments would have been reduced through broad cuts referred to as budget sequestration. (Mandatory programs, such as Social Security, Medicaid, federal pay (including military pay and pensions) and veterans' benefits would have been exempted from the spending cuts.) The fiscal cliff would increase tax rates and decrease government spending through sequestration, and lead to an operating deficit (the amount by which government spending exceeds its revenue) which was projected to be reduced by roughly half in 2013.

Definition of fiscal cliff in the English dictionary

The definition of fiscal cliff in the dictionary is a situation in which sudden changes in government expenditure and taxation have a profound effect on a country's economy.

WORDS THAT BEGIN LIKE FISCAL CLIFF

fisc
fiscal
fiscal drag
fiscal year
fiscalist
fiscally
Fischer
Fischer von Erlach
Fischer-Dieskau
fish
fish and brewis
fish and chip shop
fish and chips
fish bass
fish eagle
fish factory
fish farm
fish farmer
fish farming
fish finger

WORDS THAT END LIKE FISCAL CLIFF

bailiff
bumbailiff
Cardiff
cliff
feed-in tariff
gliff
griff
plaintiff
riff
Schiff
scliff
sheriff
skliff
sniff
spliff
stiff
tariff
tiff
undercliff
water bailiff

Synonyms and antonyms of fiscal cliff in the English dictionary of synonyms

SYNONYMS

Translation of «fiscal cliff» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF FISCAL CLIFF

Find out the translation of fiscal cliff to 25 languages with our English multilingual translator.
The translations of fiscal cliff from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «fiscal cliff» in English.

Translator English - Chinese

财政悬崖
1,325 millions of speakers

Translator English - Spanish

precipicio fiscal
570 millions of speakers

English

fiscal cliff
510 millions of speakers

Translator English - Hindi

राजकोषीय चट्टान
380 millions of speakers
ar

Translator English - Arabic

الهاوية المالية
280 millions of speakers

Translator English - Russian

фискальная скала
278 millions of speakers

Translator English - Portuguese

precipício fiscal
270 millions of speakers

Translator English - Bengali

রাজধানী খিলান
260 millions of speakers

Translator English - French

falaise fiscale
220 millions of speakers

Translator English - Malay

Tebing fiskal
190 millions of speakers

Translator English - German

Geschäfts Klippe
180 millions of speakers

Translator English - Japanese

財政の崖
130 millions of speakers

Translator English - Korean

재정 절벽
85 millions of speakers

Translator English - Javanese

Cliff fiscal
85 millions of speakers
vi

Translator English - Vietnamese

vách đá tài chính
80 millions of speakers

Translator English - Tamil

நிதி குன்றிலிருந்து
75 millions of speakers

Translator English - Marathi

आथिर्क उंच कडा
75 millions of speakers

Translator English - Turkish

mali uçurum
70 millions of speakers

Translator English - Italian

fiscal cliff
65 millions of speakers

Translator English - Polish

klif fiskalny
50 millions of speakers

Translator English - Ukrainian

фіскальна скеля
40 millions of speakers

Translator English - Romanian

stâncă fiscal
30 millions of speakers
el

Translator English - Greek

δημοσιονομική γκρεμό
15 millions of speakers
af

Translator English - Afrikaans

fiskale krans
14 millions of speakers
sv

Translator English - Swedish

finanspolitiska klippan
10 millions of speakers
no

Translator English - Norwegian

Fiscal cliff
5 millions of speakers

Trends of use of fiscal cliff

TRENDS

TENDENCIES OF USE OF THE TERM «FISCAL CLIFF»

The term «fiscal cliff» is regularly used and occupies the 64.555 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
70
/100
The map shown above gives the frequency of use of the term «fiscal cliff» in the different countries.
Principal search tendencies and common uses of fiscal cliff
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «fiscal cliff».

Examples of use in the English literature, quotes and news about fiscal cliff

EXAMPLES

2 QUOTES WITH «FISCAL CLIFF»

Famous quotes and sentences with the word fiscal cliff.
1
Sander Levin
You have to separate what needs to be done to avoid the fiscal cliff and what needs to be done longer range. It's a mistake to essentially collapse those two - they're not the same. I don't think you can achieve everything at once.
2
Mark Zandi
President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring.

10 ENGLISH BOOKS RELATING TO «FISCAL CLIFF»

Discover the use of fiscal cliff in the following bibliographical selection. Books relating to fiscal cliff and brief extracts from same to provide context of its use in English literature.
1
The Fiscal Cliff: How America Can Avoid a Fall and Stay on Top
To embrace a solution, first you had better understand the problem. THE FISCAL CLIFF is a timely, no-nonsense account of our country's current financial predicament and the precipitous fall that may soon come.
Ayşe İmrohoroǧlu, Selahattin İmrohoroǧlu, 2012
2
Perpetuating American Greatness After the Fiscal Cliff: Jump ...
The devastating losses caused by hurricane Sandy, coupled with the retrenchment in hiring and capital spending by businesses during the last half of 2012 because of concerns about the election results, the approaching Fiscal Cliff, the ...
Stephen J. Feinberg, 2013
3
The Climate 'Fiscal Cliff': An evaluation of Fast Start ...
An evaluation of Fast Start Finance and lessons for the future  After a year of extreme weather, developing countries face a climate 'fiscal cliff' at the end of 2012, as Fast Start Finance expires and the Green Climate Fund remains empty.
Sunita Bose
4
Fiscal Cliff: How We Can Create Jobs, Innovate, Reduce Debt, ...
Fiscal Cliff includes mostly original ideas on how to: Create jobs with investment, reforming the tax code, and by harnessing innovation.
Eric Wright, 2013
5
S. Hrg. 112-699: Fiscal Cliff, How to Protect the Middle ...
Hearings can also be held to explore certain topics or a current issue. It typically takes between two months up to two years to be published. This is one of those hearings.
U. S. Government Printing Office (Gpo), 2013
6
Ernst & Young Tax Guide 2014
On New Year's Day 2013, Congress passed the so-called fiscal cliff legislation, and President Obama signed this sweeping tax law—called the American Taxpayer Relief Act of 2012 (ATRA)— the next day. The Act permanently extended ...
Ernst & Young, 2013
7
Aftershock: Protect Yourself and Profit in the Next Global ...
the “Fiscal Cliff”? At the end of 2012, the media was all abuzz about an artificial deadline previously set by Congress after which a slew of budget cuts and tax hikes would go into effect unless lawmakers could reach a budget agreement.
Robert A. Wiedemer, David Wiedemer, Cindy Spitzer, 2014
8
OECD Economic Outlook, Volume 2012
The fiscal cliff and the debt ceiling in the United States, and the management of the euro area crisis are two cases in point. Policy challenges, both macroeconomic and structural, are present in emerging market economies as well, reflecting a ...
OECD, 2012
9
The Aftershock Investor: A Crash Course in Staying Afloat in ...
the “Fiscal Cliff”? At the end of 2012, the media was all abuzz about an artificial deadline previously set by Congress after which a slew of budget cuts and tax hikes would go into effect unless lawmakers could reach a budget agreement.
David Wiedemer, Robert A. Wiedemer, Cindy S. Spitzer, 2013
10
Social Security: Do We Have to Act Now? : Hearing Before the ...
In other words, we are headed toward a fiscal cliff and we are going to go over that fiscal cliff long before 2042. So—and by the way, this is not the worst scenario by any means. I mean, we could run much bigger budget deficits if we don't get ...
United States. Congress. Senate. Special Committee on Aging, 2005

10 NEWS ITEMS WHICH INCLUDE THE TERM «FISCAL CLIFF»

Find out what the national and international press are talking about and how the term fiscal cliff is used in the context of the following news items.
1
George Heartwell, John Logie split with Grand Rapids comptrollers …
Dean talked about the city's debt and a looming "fiscal cliff" at a Thursday, July 9, forum of mayoral candidates. He said he doesn't want his ... «MLive.com, Jul 15»
2
Letters Sunday: Hypocrisy abounds in Springfield
... worded statement that makes it clear City Hall considers Rauner's offer a step forward toward steering Chicago away from the fiscal cliff. «Chicago Sun-Times, Jul 15»
3
Greece: A lesson in brinkmanship and the art of negotiation
... government shutdown in 2011, then again in 2013, when it actually went over the so-called “fiscal cliff,” only to be saved by clever legislation. «Financial Post, Jul 15»
4
Army proposing major cuts at Fort Benning
The proposed cuts are a result of the budget “sequestration” that resulted from the 2011 “fiscal cliff” debt ceiling crisis. The Budget Control Act of ... «Newnan Times-Herald, Jul 15»
5
Hudson Happenings: Top 29 things to do this weekend
... blues, and new-wave"--takes the stage with the Cheap Moves and Fiscal Cliff at 8 p.m. at Maxwell's Tavern, 1039 Washington St., Hoboken. «NJ.com, Jul 15»
6
Opinion: Top 10 reasons why Illinois fell into financial abyss
... worded statement that makes it clear City Hall considers Rauner's offer a step forward toward steering Chicago away from the fiscal cliff. «Chicago Sun-Times, Jul 15»
7
The case for Joe Biden to run for president
... Democratic priorities — one Biden agreement permanently locked in most of the expiring Bush tax cuts — but it worked to avert a fiscal cliff. «Vox, Jul 15»
8
Rauner's pension offer gives Rahm much, but not all of what he wants
... worded statement that makes it clear City Hall considers Rauner's offer a step forward toward steering Chicago away from the fiscal cliff. «Chicago Sun-Times, Jul 15»
9
Rauner pension plan: Cut benefits for cops, firefighters, teachers
... worded statement that makes it clear City Hall considers Rauner's offer a step forward toward steering Chicago away from the fiscal cliff. «Chicago Sun-Times, Jul 15»
10
Harry Shearer's famous Mr Burns explains the fiscal cliff
What would the Simpsons be without Mr. Burns? Harry Shearer the voice actor for the famous character quit the show earlier this year only to ... «Daily Mail, Jul 15»

REFERENCE
« EDUCALINGO. Fiscal cliff [online]. Available <https://educalingo.com/en/dic-en/fiscal-cliff>. May 2024 ».
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