The government throws around big words all the time. For example, Fiscal Cliff. What does that mean for the average person? It means that the government is going to increase federal taxes and cut spending. CNN breaks down how the government is going to do this. It could mean another recession.

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TV2 Reporter Hallie Schmidt asked KSU students if they knew what the term Fiscal Cliff meant and how its going to effect them.

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Contact Hallie Schmidt at [email protected].