Latest 'Fiscal Cliff' News
A list of the most recent stories about Fiscal Cliff.
A respite for Medicare; Social Security no worse
Medicare's long-term health is starting to look a little better, the government said Friday, but both Social Security and Medicare are still wobbling toward insolvency within two decades if Congress and the president don't find a way to shore up the trust funds established to take care of older Americans. ...
Why do I have a smaller paycheck this year?
Even with Congress and President Obama reaching an 11th-hour deal to prevent the country from going over the much-hyped “Fiscal Cliff,” the New Year has brought an increase in taxes for all American families — and for many that means an almost immediate reduction in take-home pay. We checked in ...
Newly elected Congressman talks fiscal cliff, immigration and El Paso
Newly elected Congressman Beto O'Rourke says he's spent the last few days getting to know other members of Congress. He's also been focusing on the work to be done that will tackle issues in El Paso that he says affect the entire United States. Just three days in, the freshman ...
Obama to press for policy changes after shooting
President Barack Obama is launching an administration-wide effort to curb gun violence, underscoring the growing political consensus over tightening gun restrictions following the horrific massacre at a Connecticut elementary school. Obama is tasking Vice President Joe Biden, a longtime gun control advocate, with spearheading the effort. In remarks from ...
Top 5 tax documents to have on hand before 2013
Although the 2013 ball has yet to drop and your W2 isn’t even in the mail yet, it’s not too early to start prepping your end-of-year documents and reviewing the important items you may need for your 2012 tax filing. If you’re an investor or if you’ve been through a major life change ...
What is the 'Fiscal Cliff'?
So just what is this "fiscal cliff" that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin? It's a one-two punch of expiring Bush-era tax cuts and major across-the-board spending cuts to the Pentagon and domestic ...
An explanation of the "fiscal cliff"
WASHINGTON — So just what is this "fiscal cliff" that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin? It's a one-two punch of expiring Bush-era tax cuts and major across-the-board spending cuts to the Pentagon ...
President’s opponents reach out to voters as DNC gets under way
The president's opponents want to make sure their message isn't lost to local voters as the Democratic National Convention kicks into high gear. Eyewitness News was there as buses rolled into Gastonia Tuesday on separate tours. People on both hope to rally support for the president's challengers. Locals cheered loudly ...
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