"Fiscal Cliff" and Your Financial Future

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"Fiscal Cliff" and Your Financial Future

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By Marci Narum, News Anchor / Producer - email

Every day we hear about the so-called "Fiscal Cliff"-- it's what President Obama and Congress hope to avoid at the end of this year.

If they can reach a budget deal, a series of automatic tax increases and spending cuts will not go into effect on January 1st. If they don't reach a deal--every single American will be affected, and in a big way.

Perrie Schafer and Tyler Huck are with Schafer Financial Group in Mandan and share some answers about the impact of this, and how we can all do some things to prepare for our own financial futures.

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