|Noem says 'No' to seeking a House leadership position|
|Thursday, 15 November 2012 12:26|
Noem says, "If we fail to act before these un-targeted cuts and tax hikes are triggered at the end of the year, we could be facing another recession. There were some recent studies that came out that said, if those tax rates are raised, South Dakota could lose 2200 jobs."
The fiscal cliff resulted from a deal made last year that calls for across-the-board budget cuts and tax increases that some economists say will drive the U.S. economy into another recession.
Al Van Zee