fiscal cliff

Washington’s Next Fiscal Battle Q+A
President Barack Obama had a clear political edge in his fight with Republicans over the fiscal cliff, and used it to his advantage. In the upcoming battle over federal borrowing and spending, the leverage will be more evenly divided and the outcome less predictable.
Payroll Tax Holiday Expires [AUDIO]
Leaders in Washington managed to avoid putting the country over the dreaded "fiscal cliff," but the last-minute agreement failed to include a perk Americans have been enjoying for the past two years.

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