Senate leaders work to avoid New Year's "fiscal cliff"

Dec 29, 2012 Full story:

Congressional negotiators burrowed into their Capitol offices on Saturday to see if they can stop the economy from falling off of a "fiscal cliff" in just three days when the biggest tax increases ever to hit Americans in one shot are scheduled to begin.

Aides to Senate Majority Leader Harry Reid, a Democrat, and Senate Republican leader Mitch McConnell were expected to work through the day on a possible compromise that would set aside $600 billion in tax increases and across-the-board government spending cuts that are set to kick in next week.

Full Story
steve taylor

Hanoi, Vietnam

#1 Dec 29, 2012
Dr. Bill_phd! 1776 US don't wanne pay tax for UK!! guessing 2013? it's over again!! ;-00000h, happy new YR from ABBA lyrics...

Llano, TX

#2 Dec 29, 2012
"Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything."
(John Kenneth Galbraith)

Since: Feb 07


#3 Dec 30, 2012
Obama doe not want any deal. He wants us to go over cliff so he can blame the Republicans. I cant wait to see people look at their pay checks in Jan and see their faces. Their paychecks are going look like they have malnutrition.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

US News Discussions

Title Updated Last By Comments
The President has failed us (Jun '12) 8 min Fed Up Again 262,323
Teen's Shooting Highlights Racial Tension 9 min Concern Citizen 2,781
Barack Obama, our next President (Nov '08) 9 min Joy 1,110,359
Obama pledges to fight war on Ebola 10 min kuda 22
Who do you favor in the Kansas governor's race? 10 min wally World 210
GOP congressional candidate endorses going to w... 10 min ronnie 1
Obama thanks Congress for vote to aid Syrian re... 12 min barefoot2626 15
Evolution vs. Creation (Jul '11) 14 min DanFromSmithville 116,637
'Fox News Sunday' to Host Kentucky Senate Debate (Oct '10) 14 min Cornelius Scudmister 153,533
Atheism vs. Theism: Knowns and Unknowns 46 min Lawrence Wolf 92

US News People Search

Addresses and phone numbers for FREE