降低“悬崖”的高度,既可以消除经济重陷衰退的风险,又可以防止主权债务风险显著增大“财政悬崖”的形成原因、堕入机制及离地高度“老账”与“新账”共同形成“财政悬崖”美国“财政悬崖”的形成可追溯至2001年1月。时任美国总统小布什为刺激经济增长,颁布了《经济增长与税收减免协调法案》,将最高所得税率从39.6%降至35%,随后又将 Reduce the height of the “Cliff”, both to eliminate the risk of economic recession recession, but also to prevent a significant increase in the risk of sovereign debt “” fiscal cliff “formation, fall into the mechanism and height from the” old account “ Together with the ”New Account“, the formation of the ”fiscal cliff“ and the ”fiscal cliff of the United States“ can be traced back to January 2001. When the United States President George W. Bush to stimulate economic growth, promulgated the ”Economic Growth and Tax Relief Coordination Act," the highest income tax rate from 39.6% to 35%, then