December 12, 2012 Farm-state lawmakers are urging leaders to include a farm bill as part of any budget deal to avert year-end tax increases and spending cuts. But others argue that Congress shouldn't toss the farm bill into a giant package because it would very likely stifle debate and amendments.
December 11, 2012 The offer from the speaker follows his remarks on the House floor in which he said the White House was slow-walking the process. Unless a deal is reached, automatic across-the-board spending cuts and sweeping tax increases are scheduled to go into effect at the first of the year.
December 11, 2012 The estate tax is yet another piece of the fiscal cliff that needs to be worked out. Those who want to the raise what they call the "Paris Hilton tax" say it applies only to the very rich, who can afford to pay. Opponents of the increase, however, brand it the "death tax" and say it hurts farmers and small-business owners.
December 11, 2012 Without a solution to the so-called fiscal cliff, every person who gets a paycheck or has investments will see his or her taxes rise. And some could see their jobs disappear. Here is a timeline of changes in store in the absence of action from the president and Congress.
December 11, 2012 The GOP-backed measures, passed earlier in the day by Michigan's state House, were signed into law by Republican Gov. Rick Snyder in the afternoon.
December 11, 2012 As the White House and Congressional leaders negotiate, we're watching for the best stories about what's going on. Here are some of the latest.
December 11, 2012 President Obama and congressional Republicans have been trying to negotiate a deal to avert the automatic tax hikes and spending cuts known as the "fiscal cliff." But what happens Jan. 1 if no agreement is reached? Some experts say not much will happen — at least not immediately.