What Will The ‘Fiscal Cliff’ Do To Your Bottom Line?

All eyes are on whether President Obama and Congress will take action to avoid the so-called fiscal cliff, according to NFIB economist Bill Dunkelberg on "Your Bottom Line." While much of the debate is focused on taxes, Dunkelberg also points out that the huge spending cuts triggered by the fiscal cliff will also have a negative impact on business. 2:49

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Fast Facts

At the peak of the boom, housing starts reached an annual rate of 2.2 million units.
At its lowest point during the recession, housing starts plunged to 500,000 units yearly, killing millions of jobs.

Your Bottom Line

NFIB's new web series, "Your Bottom Line," helps small business owners learn more about what drives the economy and how economic issues affect their businesses.

William Dunkelberg, NFIB's chief economist and one of the nation's top experts on small business, entrepreneurship, consumer behavior and consumer credit policy, hosts the series.

Look for a new video each week.