View All num of num See all Photos PNC Financial Services Group www.pnc.com Engaged Employer Overview Reviews Salaries Interviews Jobs Photos Benefits 1.5k Reviews 2.3k Salaries 713 Interviews 2.5k Jobs Follow Add Interview Follow Add Interview Interview Question Finance Intern Interview(Student Candidate) Pittsburgh, PA PNC Financial Services Group How would you resolve the financial cliff? Tags: See more , See less 8 Answer Add Tags Answer Interview Answer 1 Answer ▲ 0 ▼ Due to their being only two options to bring in government revenue and balance the budget to fix the 1 trillion dollar debt, you have to look at wear the main sources of revenue come from. They come from taxes. However when taxes are raised, it lowers people's incentives to try and make more money, due to diminishing returns on income. So as a result it would be best to cut entitlements, which makes up 1/3rd of gov spending. That way people wil be forced to work, due to not receiving their benefits, and it would contribute to GDP, improve our infrastructure, and bring in more income tax dollars due to a higher employment rate. Anonymous on 4 Dec 2012 Interviews > Finance Intern > PNC Financial Services Group Add Answers or Comments To comment on this, Sign In or Sign Up.