As the year 2012 comes to a close, a so-called fiscal cliff has Americans anxious about what’s ahead for the New Year. It’s the result of a series of expiring tax cuts and looming spending cuts at the end of the year that could further drive the fragile economy deeper into recession.

Carl H. Lindner College of Business Professors David Brasington, associate professor of economics and Kautz Chair in Political Economy, and Benjamin Passty, research assistant professor in the Economics Center, are among University of Cincinnati faculty and administrators who weigh in on what’s at stake.