No 4261
By Leonora Casement
At the last moment the looming “fiscal cliff” threatening the US was avoided, thanks to swift action taken by Congress agreeing a deal to avoid the worst of the terms of the Budget Control Act of 2011, which were scheduled to go into effect at the end of 2012. We want a child’s description and explanation of what a “fiscal cliff” is . . . and how you avoid it.
Max 150 words by 24 January
comp@newstatesman.co.uk