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2.
The date after which (for reasons of deteriorating attractiveness) a young man or woman is unable to attract a wealthy spouse/partner/sugar daddy/sugar mama.
"Can't Lucas find rich a queen to pay his bills?" "No way. Have you seen what happened to his abs from all those appletinis? He's gone over the fiscal cliff."
by RiddimJack January 03, 2013
 
1.
An opportunity for politicians to do what they do best: get on TV and scare the bejeezus out of people.
Boehner and Obama got some quality air time on TV while stocks crashed because they can't reach a deal on The Fiscal Cliff.
by Mr. R0ntastic November 10, 2012