Fiscal Cliff 2012
Those hoping to start the New Year with the avoidance of the "fiscal cliff" that will raise taxes for many Americans will be let down as new reports indicate that the U.S. House of Representatives won't be voting on any bills to avoid the deadline at midnight.
Wall Street edged higher in a choppy session on Monday, with the S&P 500 on track for double-digit gains for the year, as politicians bargained for a deal to avert the "fiscal cliff."
One of the many tax issues affected by the impending fiscal cliff is that of the marriage penalty, which could cost married couples more than $2,000.
Holiday retail sales are the lowest they've been in four years, and retailers say that the tenuous standing of the economy.
House Speaker John Boehner has signaled that he may be willing to raise taxes on Americans making more than $250,000 a year.
A new study by the Pew Research Center found that Americans are pessimistic about the negotiations revolving the fiscal cliff.
House Speaker John Boehner broke his silence on the negotiations on Tuesday, and he is displeased with the progress.
A new poll shows that more and more Latinos are in favor of raising taxes on the wealthy as a way to avoid the looming fiscal cliff.
In California, which was hit particularly hard during the economic downturn, the jobless levels for the state have been staggering, peaking at one point at a record 12.4 percent in 2010, with an estimated 2.25 million Californians out of work during that year.
The fight over the fiscal cliff has settled into an uneasy stalemate, with both sides waiting for the other to give a little. At least that’s the story coming from the combatants.
The current stalemate over the fiscal cliff centers around intransigence on both sides on tax rates.
Progress on the impending fiscal cliff is grinding to a halt with little room for compromise as both sides dig in their heels.
Not all of the 2 percenters Republicans are trying to protect agree with their efforts.
In this second installment, the plan was to enumerate the Republicans who are opposing Grover Norquist. They don't exist.
Republican leaders in Congress proposed their first counteroffer to President Obama’s plan to avoid the fiscal cliff.
