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In the United States, the '''fiscal cliff''' was a simultaneous increase in tax rates and decrease of government spending through sequestration that would have occurred January 2013 through a series of previously enacted laws. The deficit—the amount by which government spending exceeds its revenue—was projected to be reduced by roughly half in 2013. The Congressional Budget Office (CBO) had estimated that the fiscal cliff would have likely led to a mild recession with higher unemployment in 2013, followed by strengthening in the labor market with increased economic growth.
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Instead, the American Taxpayer Relief Act of 2012 (ATRA) largely eliminated the revenue side of the fiscal cliff by implementing a higher deficit and a smaller increase compared to the previously enacted laws. Adjustments to spending were expected to be resolved in early 2013. Intense debate and media coverage about the fiscal cliff drew widespread public attention during the end of 2012 because of its projected short-term fiscal and economic impact.
 
 
 
The previously enacted laws leading to the fiscal cliff had been projected to result in a 19.63% increase in revenue and 0.25% reduction in spending from fiscal years 2012 to 2013. Those laws included the expiration of the 2010 Tax Relief Act and planned spending cuts under the Budget Control Act of 2011. The former extended the Bush tax cuts for two years, while the latter was enacted as a compromise to resolve a dispute concerning the public debt ceiling and address the failure of the 111th Congress to pass a federal budget. Under the fiscal-cliff scenario, some major programs like Social Security, Medicaid, federal pay (including military pay and pensions) and veterans' benefits would have been exempted from the spending cuts. Discretionary spending for federal agencies and cabinet departments would have been reduced through broad cuts referred to as budget sequestration.
 
 
 
ATRA eliminated much of the tax side of the fiscal cliff while the reduction in spending due to budget sequestration was delayed for two months. Due to this act's passage, the CBO projected a 8.13% increase in revenue and 1.15% increase in spending for fiscal year 2013. The act resulted in a projected $157 billion decline in the 2013 deficit relative to 2012, rather than the sharp $487 billion decrease projected under the fiscal cliff.
 
 
 
The raise in revenue contained in the act came from: increased marginal income and capital gains tax rates relative to their 2012 levels for annual income over $400,000 ($450,000 for couples); a phase-out of certain tax deductions and credits for those with incomes over $250,000 ($300,000 for couples); an increase in estate taxes relative to 2012 levels on estates over $5 million; and expiration of payroll tax cuts (a 2% increase for most taxpayers earning under approximately $110,000). None of these changes would expire.
 
 
 
Around 2 am EST on January 1, 2013, the U.S. Senate passed this compromise bill by a margin of 89–8. At about 11 pm that evening, the U.S. House of Representatives passed the same legislation without amendments by a vote of 257–167. However, the budget sequestration was only delayed and the debt ceiling was not changed, leading to further debate during early 2013.
 

Revision as of 11:42, 5 October 2013

You know I thought that inexplicably posting a new fanstuff on a dead wiki in 2019 would be funny but y'all're still here ain't you

Yes. We are.

HLEP

whenever I try to change my user name I get these words as a error: Internal error [800fecd50596144203c1f65d] /wiki/Special:RenameUser MWException from line 3889 of /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/user/User.php: CAS update failed on user_touched for user ID '102' (read from replica); the version of the user to be saved is older than the current version. Backtrace:

  1. 0 /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/session/SessionManager.php(313): User->saveSettings()
  2. 1 /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/auth/AuthManagerAuthPlugin.php(226): MediaWiki\Session\SessionManager->invalidateSessionsForUser(User)
  3. 2 /var/www/clamburger.org/wuw/mediawiki-1.28.2/extensions/Renameuser/RenameuserSQL.php(123): MediaWiki\Auth\AuthManagerAuthPluginUser->resetAuthToken()
  4. 3 /var/www/clamburger.org/wuw/mediawiki-1.28.2/extensions/Renameuser/specials/SpecialRenameuser.php(272): RenameuserSQL->rename()
  5. 4 /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/specialpage/SpecialPage.php(522): SpecialRenameuser->execute(NULL)
  6. 5 /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/specialpage/SpecialPageFactory.php(577): SpecialPage->run(NULL)
  7. 6 /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/MediaWiki.php(283): SpecialPageFactory::executePath(Title, RequestContext)
  8. 7 /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/MediaWiki.php(851): MediaWiki->performRequest()
  9. 8 /var/www/clamburger.org/wuw/mediawiki-1.28.2/includes/MediaWiki.php(512): MediaWiki->main()
  10. 9 /var/www/clamburger.org/wuw/mediawiki-1.28.2/index.php(43): MediaWiki->run()
  11. 10 {main}

IDK WHAT THIS MEANS. I CHANGED MY MAJOR FROM COMP SCI TO FINE ARTS, AND AS SUCH I AM DUMB AS DOORKNOBS AND DON’T KNOW HOW WHAT TO DO!!!!! -- NachoTalk 01:38, 27 January 2020 (EST)

What do you want to change your Username to? I doubt it but it might be a user rights issue. Artisan of TortureThey call me Big T BLOODArtisan of Torture 19:19, 27 January 2020 (EST)\
also we have a discord if you want to see the complete and utter degeneracy we've descended into in the many years you've been away Artisan of TortureThey call me Big T BLOODArtisan of Torture 19:39, 27 January 2020 (EST)
I'm not entirely sure, but I could POSSIBLY help you with name change. What would you like it changed to? Noxigar (talk) 19:17, 27 January 2020 (EST)
Nah fam, shit's broken RemolaySig.pngtalk 01:02, 28 January 2020 (EST)
To further clarify, I don't think there's anything any of us as users can do to fix it. Given that an account I just made can't change the name, it's probably not a value on user_touched being somehow set in the future, as apparently can happen, and there's a chance there's an extension somewhere that's making it go wrong. We'd probably need to get in touch with Sam in order to fix it. I am not a hacker, and I'd hope that there would be no vulnerability that would somehow allow me to change someones name to Farts Domino even if i were. I wish I could be of more help, and could offer more than that "Farts Domino" joke. RemolaySig.pngtalk 01:24, 28 January 2020 (EST)