The Fiscal Cliff is a bill that was recently passed, it focused on a tax revenue. The Democrats were the majority of voters who wanted to pass this bill. They want the tax cuts from the Bush-era to expire on income above $250,000. This will increase the tax to the people who are the highest earners. This is why the majority of Republicans will disagree to pass the bill.
I have found this information by searching it through using the google search engine. I used the term "Fiscal Cliff definition" in order to understand the overall effect this bill has. I also searched "Democrat/Republican point of view of Fiscal Cliff". This helped me out to separated the opinions of the Democrats and Republicans about the bill.
The sources that I used to create this response:
http://www.dailykos.com/story/2013/01/07/1177107/-Democrats-happier-than-Republican-with-fiscal-cliff-deal#
http://www.investopedia.com/terms/f/fiscalcliff.asp#axzz2HcPiklAu
http://bonds.about.com/od/Issues-in-the-News/a/What-Is-The-Fiscal-Cliff.htm
What was the Republican solution? Also, edit your settings so that the title of the Blog is your name, not "Fiscal Cliff." That is what should be the title of this one post.
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