WHAT OTHERS SAY: Watch out for that cliff

Friday, August 24, 2012 | 5:57 p.m. CDT

If Congress fails to act before the start of next year, the economy will again fall into recession and growth for all of 2013 will be limited to only 1.9 percent. That’s the latest prediction from the Congressional Budget Office. Its outlook is substantially gloomier than at the beginning of the year.

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