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The International Monetary Fund (IMF) revised its World Economic Outlook on Tuesday, which found that our already sluggish economic growth has further slowed. Carlo Cottaralli, director of IMF’s fiscal affairs department, said in an interview that the automatic spending cuts and tax hikes set to take effect in January, which has been referred to as the “fiscal cliff” by some, would be “very negative and very bad for the U.S. economy.” Cottaralli ...

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