NEW YORK (Reuters) - The so-called fiscal cliff of automatic spending cuts and tax rises set to occur on January 1 if Congress fails to act before then will be the most important issue facing the next U.S. president after the election, BlackRock Chief Executive Laurence Fink said on Thursday, saying there is a "very strong risk" of another U.S. ratings downgrade. Fink, addressing a conference hosted by The Economist magazine, lamented that President Barack Obama and Republican challenger Mitt Romney did not address the cliff in their pre-election debates. ...

View the original article here