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fiscal cliff

fiscal cliff

US Senate votes on fiscal cliff bill
US Senate votes on fiscal cliff bill (YouTube)
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Details Of Senate Bill Averting ‘Fiscal Cliff’

Highlights of a bill approved Tuesday by the Senate aimed at averting wide tax increases and budget cuts scheduled to take effect in the new year.

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Menendez Describes Fiscal Cliff Compromise As “Not Perfect”

New Jersey Senator Robert Menendez describes the fiscal cliff compromise as "not perfect" but voted for it to "protect 2 million New Jersey families" from an "an unfair tax hike."

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Senate Minority Leader Mitch McConnell (R-KY) leaves the Senate floor
Senate Minority Leader Mitch McConnell (R-KY) leaves the Senate floor (Drew Angerer/Getty Images)
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Fiscal Cliff Deal Reached [VIDEO]

Racing the clock, the White House reached a New Year's Eve accord with Senate Republicans late Monday to neutralize across-the-board tax increases and spending cuts in government programs due to take effect at midnight, according to administration and Senate Democratic officials.

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US Capitol building
US Capitol building (Drew Angerer/Getty Images)
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House Won’t Vote Before Midnight On ‘Cliff’ Deal

The House will miss the midnight Monday deadline lawmakers set for voting to avoid the "fiscal cliff."

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Fiscal Cliff Deal “In Sight” [VIDEO]

President Barack Obama says it appears that an agreement to avoid the fiscal cliff is "in sight," but says it's not yet complete and work continues.

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Stock Markets End Trading Year On The Edge Of The Fiscal Cliff (Getty Images)
Stock Markets End Trading Year On The Edge Of The Fiscal Cliff (Getty Images)
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Stocks Rally on Hints of Fiscal Cliff Deal

On Monday, the stock market was as choppy as the "fiscal cliff" deal-making that has been yanking it around.

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Senate Majority Leader Harry Reid (D-NV)
Senate Majority Leader Harry Reid (D-NV) (Brendan Hoffman, Getty Images)
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Reid Says 2 Sides Still Apart on ‘Fiscal Cliff’ [VIDEO]

Senate Majority Leader Harry Reid says the two sides are still apart as they race against a midnight deadline for resolving their differences over the "fiscal cliff."

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Congress Returns To Work As Fiscal Cliff Deadline Looms
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‘Fiscal Cliff’ Disputes Remain As Deadline Nears [VIDEO]

Taxes on the wealthy and Republican demands for budget cuts to pay for Democratic spending proposals were separating the two parties as the deadline for avoiding the "fiscal cliff" has drawn to within hours.

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Senate Minority Leader Mitch McConnell (R-KY) walks toward his office on Capitol Hill
Senate Minority Leader Mitch McConnell (R-KY) walks toward his office on Capitol Hill (Drew Angerer/Getty Images)
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Deal Reached For Milk Prices [VIDEO]

The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that would head off a possible doubling of milk prices next month.

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NBC's David Gregory (L) interviews President Obama (White House)
NBC's David Gregory (L) interviews President Obama (White House)
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Obama Talks Fiscal Cliff, Guns On Meet The Press [ VIDEO]

President Barack Obama tells NBC's Meet The Press GOP leaders have rejected his past attempts to strike a bigger and more comprehensive bargain during Fiscal Cliff negotiations while voicing hope for legislation aimed at containing gun violence passed next year.

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