United States fiscal cliff of 2012–2013

Target entity: United States fiscal cliff of 2012–2013
Context triple: [American Taxpayer Relief Act of 2012, context, United States fiscal cliff of 2012–2013]

• A. 2013 United States federal government shutdown
  The 2013 United States federal government shutdown was a 16-day partial closure of federal operations triggered by a budget impasse in Congress, largely centered on disputes over funding the Affordable Care Act.
• B. United States debt ceiling
  The United States debt ceiling is a statutory limit set by Congress on the total amount of money the federal government is authorized to borrow to meet its existing legal obligations.
• C. Simpson–Bowles deficit reduction plan
  The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
• D. Bipartisan Budget Act of 2013
  The Bipartisan Budget Act of 2013 was a U.S. federal law that set discretionary spending levels and partially rolled back sequestration cuts through a budget compromise negotiated by Senator Patty Murray and Representative Paul Ryan.
• E. New York City fiscal crisis
  The New York City fiscal crisis was a mid-1970s financial emergency in which the city nearly went bankrupt, prompting drastic budget cuts, federal intervention, and long-lasting changes to urban governance and public services.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: United States fiscal cliff of 2012–2013
Target entity description: The United States fiscal cliff of 2012–2013 was a looming combination of expiring tax cuts and automatic spending reductions that threatened to significantly tighten fiscal policy and potentially trigger a recession unless Congress intervened.

• A. 2013 United States federal government shutdown
  The 2013 United States federal government shutdown was a 16-day partial closure of federal operations triggered by a budget impasse in Congress, largely centered on disputes over funding the Affordable Care Act.
• B. United States debt ceiling
  The United States debt ceiling is a statutory limit set by Congress on the total amount of money the federal government is authorized to borrow to meet its existing legal obligations.
• C. Simpson–Bowles deficit reduction plan
  The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
• D. Bipartisan Budget Act of 2013
  The Bipartisan Budget Act of 2013 was a U.S. federal law that set discretionary spending levels and partially rolled back sequestration cuts through a budget compromise negotiated by Senator Patty Murray and Representative Paul Ryan.
• E. New York City fiscal crisis
  The New York City fiscal crisis was a mid-1970s financial emergency in which the city nearly went bankrupt, prompting drastic budget cuts, federal intervention, and long-lasting changes to urban governance and public services.
• F. None of above. chosen