fiscal cliff deadline

Details of 'Fiscal Cliff' Deal Said to Emerge

Working against a midnight deadline, negotiators for the White House and congressional Republicans in Congress narrowed their differences Monday on legislation to avert across-the-board tax increases.

House GOP Scraps Vote on Fiscal Cliff 'Plan B'

House Republicans abruptly scrapped a vote Thursday night on legislation allowing tax rates to rise for households earning $1 million and up, complicating attempts to avoid a year-end "fiscal cliff" that threatens to send the economy into recession.