There will be an "actual outlay" difference of about $6,500 per family in America by my estimation. This increase will NOT pay down the national debt one bit. Recent USA fiscal policy has become so dopy as of late that I have to wonder if they are purposely putting us on a path to destroy the dollar. People can't afford these extra federal taxes, extra state taxes (as fed funding to the states is cut), and stealth cost of living increases as the press remains mute in many areas. Something will break ultimately from the stresses involved, and it won't be pretty. We missed a great opportunity to at least slow this insane trip on this insane economic path down. After a nice "faux" rally as the USA further dumps additional "quantitative easing" on the markets, I think I will sell the major indexes short and watch a repeat of AAPL's demise.
Too much stimulation is not good for economy and American people. We paid taxes for years but tax breaks have handicapped Americans. Now they call the normal taxation a fiscal Cliff.........Americans are brain dead that government operates on taxes. No tax payment = more borrowing. We are living off of the value of USD. print, print and more print.