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"Fiscal Cliff" Could Have Implications In The Valley

The president and congress are still talking, but if no agreement is reached on the so-called "fiscal cliff", the Bush-era tax cuts will expire December 31st.

 

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The president and congress are still talking, but if no agreement is reached on the so-called "fiscal cliff", the Bush-era tax cuts will expire December 31st.

Moorhead Mayor Mark Voxland says we'll likely see the effects almost immediately if the the tax cuts expire.

(Photo Credit:  City Of Moorhead)

Voxland says any cuts that affect Minnesota could cause the state to tap into local government aid, which would be bad news for Moorhead.

 

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