fiscal cliff News

Citing the late conclusion of the 'fiscal cliff' negotiation, the White House informed House Budget Committee Chairman Paul Ryan that it would not submit a budget on time - an action that is required by law.

Sacramento - The Liberal Democrat Governor has introduced a plan that would give California a long-awaited surplus of $1 billion; the Governor also wants to renew funding of education and social programs.

Speaking to the financial and general news press, Fix The Debt Coalition Co-founder Erskine Bowles characterized the 'fiscal cliff' solution as a 'missed opportunity.'

Washington - While neither Democrats nor Republicans can claim victory in the wake of the fiscal cliff deal, there were some definite winners emerging as details of the agreement have been pored over.

Washington - It's not even one full week into the year 2013, but it appears that a significant number of Americans are already pessimistic about the nation's economy entering a brand new year. A new poll showed an overwhelming number expects a difficult economic year.

Washington - Things got a little heated during the negotiations that ultimately led to a deal between Congressional Democrats and Republicans that averted the so-called 'fiscal cliff.'

The U.S. House of Representatives passed a bipartisan compromise after a late-night vote of 257-157, clearing the way for the richest Americans to pay more taxes and shielding the middle class from painful tax hikes.

House Majority Leader Eric Cantor says he opposes the bipartisan compromise that passed the Senate in the middle of the night to avert the "fiscal cliff."

Nearly two hours after the midnight deadline to keep the U.S. from diving off the so called "fiscal cliff," the Senate overwhelmingly approved an agreement to raise taxes on the wealthy.

America's so-called fiscal cliff has left world markets teetering. So much that goes on in America affects the rest of the World. Is the fiscal cliff crisis over or is there simply temporary respite?