財ざい政せいの崖がけ

expression, noun

fiscal cliff

A term for a situation where scheduled tax increases and spending cuts could cause a severe economic downturn; originally popularized by the 2013 US budget crisis.

• アメリカの財ざい政せいの崖がけが世せ界かい経けい済ざいに与あたえる影えい響きょうが懸け念ねんされている。

  There are concerns about the impact of the US fiscal cliff on the global economy.