video

12.31.12

We're Going Over the Cliff

Happy New Year! Despite earlier hope that a tax deal would be struck to prevent the U.S. from going over the fiscal cliff, the House of Representatives will not vote today on any measures, meaning automatic tax hikes and spending cuts will kick in at midnight. CNN reports.

Happy New Year! Despite earlier hope that a tax deal would be struck to prevent the U.S. from going over the fiscal cliff, the House of Representatives will not vote today on any measures, meaning automatic tax hikes and spending cuts will kick in at midnight. CNN reports.