The Congressional Budget Office (CBO) and the Joint Committee on Taxation estimate that the components of the “fiscal cliff” include approximately $5.7 trillion in tax increases beginning January 2013.
Tax and fiscal policy have a profound impact on U.S. business investment, economic growth and job creation. Business Roundtable supports competitive, pro-growth tax and fiscal policies to promote economic expansion, level the playing field for U.S. companies competing in global markets and stabilize the federal debt relative to the size of the U.S. economy.


