The Congressional Budget Office (CBO) has released reports projecting the economic impact the fiscal cliff and of avoiding different portions of the fiscal cliff. For example, avoiding sequestration and extending Medicare reimbursement rates for doctors would increase domestic product by 0.75 percent. Extending the current tax rates, which are set to expire at the end of the year, would increase economic growth by more than 1.5 percent. The report, “Economic Effects of Policies Contributing to Fiscal tightening in 2013,” is one of two reports released by CBO. The other report, “Choices for Deficit Reduction,” examines several methods for reducing the deficit over the next decade.