Fiscal Cliff
  • Details of Senate Fiscal Cliff Tax Deal

    Here is a summary of the fiscal cliff agreement approved by the Senate early Tuesday morning by a vote of 89 to 8. The House is set to vote on the plan today, and this is not a slam dunk. Many house...

  • Will House Approve Senate Tax Hike on Super Rich?

    By Josh Boak and Eric Pianin, The Fiscal Times

    If the budget gods had their way, the 112th Congress would mercifully conclude its deliberations today on a major budget deal to blunt the worst of the fiscal cliff and then fade into history. We’re...

  • Senate May Have Cliff Deal on Taxes Only

    By Eric Pianin and Josh Boak

    A seemingly upbeat President Obama tried to keep the pressure on negotiators to finalize a fiscal cliff deal by midnight tonight as the rough contours of a bipartisan agreement began to emerge from...

  • Cliff Deal? Or the Triumph of Hope Over Experience

    By Thomas Ferraro and Jeff Mason, Reuters

    A deal to avert the fiscal crisis was said to be in the works in the Senate that would raise tax rates on household income above $450,000, said a source familiar with the talks. The agreement would...

  • As Deadline Looms, Stocks Poised for a Cliff Dive

    The turbulent fiscal cliff negotiations may have shaken the stock market last week, but they haven’t really unnerved investors – at least not yet. Analysts say that could still change, though, and...