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Fiscall Cliff

The Takeaway

Fiscal Cliff Could Hinder Sandy Recovery Efforts

Monday, November 19, 2012

President Obama and Republicans in Congress have yet to agree on a solution to the impending fiscal cliff, a package of tax hikes and spending cuts set to go into effect in the New Year. Thus far neither side has shown a strong willingness to concede to what the other wants. Rana Foroohar, assistant managing editor of TIME Magazine, explains.

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Opinion: Democrats Should Use Fiscal Cliff for Real Tax Change

Monday, November 12, 2012

Talking about a fiscal cliff is scary, which is how it's intended. But cutting essential services should be scarier than borrowing money at record low interest rates.

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