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The fiscal cliff deal is done in Washington, D.C. New fears are that the White House is getting ready to unleash the tax hounds yet again. Only hours after the fiscal cliff deal was signed, new signs indicate that Democrats may not nearly be finished at this point. So what could be next? The spending fight is just getting started. Republicans who opposed the fiscal cliff deal say we need more spending cuts, but the President seem to signal that more taxes are on the horizon. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss what may possibly be the hidden story behind the need for more cuts versus more taxes and how it will impact Americans.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: democrats, ed butowsky, financial advisor, fiscal cliff deal, fox news, new taxes, president, republicans, spending cuts, wealth manager