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Fiscal cliff calendar: What happens when?

Published: Tuesday, Dec. 11 2012 3:30 a.m. MST

Dec. 2012, House Speaker John Boehner of Ohio is pursued by reporters as he walks to the House floor to deliver remarks about negotiations with President Barack Obama on the fiscal cliff on Capitol Hill in Washington. Boehner said President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing to support as part of a compromise. NPR reporters created a calendar of the upcoming fiscal cliff. (J. Scott Applewhite, Associated Press) Dec. 2012, House Speaker John Boehner of Ohio is pursued by reporters as he walks to the House floor to deliver remarks about negotiations with President Barack Obama on the fiscal cliff on Capitol Hill in Washington. Boehner said President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing to support as part of a compromise. NPR reporters created a calendar of the upcoming fiscal cliff. (J. Scott Applewhite, Associated Press)

Our take: Are you curious when taxes will rise from 15 percent to 39.6 as a result from the fiscal cliff? Marilyn Geewax and Greg Henderson from NPR created a timeline of the upcoming fiscal cliff:

"As weary as many Americans grew of campaign commercials last month, they may be getting even more annoyed this month by endless talk of the fiscal cliff, the massive collection of tax increases and spending cuts set to take effect at year's end.

It's easy to understand the urge to stick fingers in ears and loudly chant 'la-la-la-la.' The budget problems are indeed complicated, and the negotiations tedious."

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