fiscal cliff

Washington, D.C. — While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.   That’s because the legislation did nothing to prevent a temporary reduction in the Social Security payroll tax […]

The nation is in pins and needles trying to figure out exactly what “going over the fiscal cliff” means for the average middle income family.…

If Washington politicians can’t reach a last-minute deal, 2013 will begin with a big batch of tax hikes and cuts in government spending that could…

  President Obama will meet with top business leaders on the avoidance of the so-called fiscal cliff. The president will hosts  two-dozen or more business, labor and civic at…