The Looming Crisis of the Fiscal Cliff Listen Download Embed Share Share this on Facebook (Opens in a new window) Share this on Twitter (Opens in a new window) Share this via Email Budget deficits, projected through 2022. The "CBO Baseline" shows the effects of the fiscal cliff. "Alternative Scenario" is the extension of the Bush tax cuts and the rollback of spending cuts. Produced by Elizabeth Ross Produced by PRI and WNYC