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Fiscal Cliff Averted: And Here Are the Next 6 Crises to Worry About

The fiscal cliff has been averted -- at least for now. But if we've managed to dodge one devastating, intentionally-created crisis, there are plenty more massive problems on deck. Here's a list of the next six ways Washington could mess things up for tens of millions of Americans.

Fiscal Cliff Deal Leaves Much of the Budget Crisis Still Hanging

The fiscal cliff compromise on taxes leaves critical issues of borrowing, spending and budget cutting unaddressed, and lawmakers have given themselves only two months to settle their differences. Here's a look at what's been resolved and what they left hanging.

Boehner Caves, Agrees to Hurricane Sandy Aid Vote on Friday

Under intense pressure from angry Republicans, House Speaker John Boehner agreed late Wednesday to a vote this week on aid for Superstorm Sandy recovery. He will schedule a vote Friday for $9 billion for the national flood insurance program and another on Jan. 15 for another $51 billion in aid.

Done Deal: Fiscal Cliff Bill Passes the House

A weary House of Representatives passed legislation late Tuesday night that will prevent the long-feared fiscal cliff of broad tax increases and spending cuts. The bill's passage on a bipartisan 257-167 vote sealed a hard-won political triumph for President Barack Obama.

Fiscal Cliff Averted: Details of the Deal

An agreement was reached late Monday between the White House and Senate Minority Leader Mitch McConnell aimed at averting the fiscal cliff. Early Tuesday morning, the Senate passed the bill, and late Tuesday night, so did the House. Let's break down the key points of the deal.

The 6 Biggest Busted Bets of 2012

As pundits and politicians rush to sew the year up into a neat little bundle, we decided to look at 2012 from a slightly different angle. Here is our list of the year's worst bets -- six developments that seemed like sure things in January, but were bust by December.

The 9 Most Important Financial Stories of 2012

Sometimes the most important news stories get overshadowed by short-term crises and teakettle tempests. With that in mind, we at DailyFinance decided to take a look back at the nine stories of 2012 that are likely to have the biggest impact on your wallet in the year ahead.

Murder by Numbers: Digging Into the Data of America's Gun Culture

There's no lack of numbers to bring to bear in a discussion about guns in America, but here's the big one: 281,757 people in this country died of gunshot wounds from 2001 and 2011. DailyFinance's Bruce Watson digs into the unadorned data on the results of this country's obsession with guns.

Should New Yorkers Get a Break on Their Federal Income Taxes?

To bring the federal deficit down, taxes must go up on the rich. But "rich" means very different things in different parts of the country. You need not pity the poor Wall Streeter just scraping by on $1 million -- but average New Yorkers really are getting disproportionately slammed by the tax man.

Obama, Boehner One Step Closer on Fiscal Cliff Compromise

Just two weeks before the economy-threatening "fiscal cliff" is due to kick in, both President Barack Obama and House Speaker John Boehner are making significant concessions to each other, backing off what had once been ironclad positions on how to avoid the huge automatic spending cuts and tax increases.

Higher Taxes in 2013? You're Already Paying Them for 2012

More than 70 tax breaks enjoyed by individuals and businesses expired at the end of 2011. If Congress doesn't extend them retroactively back to the beginning of this year, a typical middle-class family could face a $4,000 tax increase when it files its 2012 return.

Fiscal Cliff 'Cliffs Notes': How We Got to the Edge in 5 Easy Steps

Back in July 2011, President Obama and Congress set the country on autopilot toward economic Armageddon to give themselves an incentive to reach a budget deal. It didn't work. As we stare over the fiscal cliff, let's take a quick look back at the path we took to get here.

Fiscal Cliff Talks Appear to Be Stalled

Despite an intensifying pace, little progress is being reported in talks on averting automatic spending cuts and tax increases that economists fear could send the U.S. economy off a "fiscal cliff."

Fiscal Cliff Calculators: How Much More Will You Owe If We Fall Off?

As the fiscal cliff fight between President Obama and congressional Republicans grows more heated, it's starting to look as if we might fall over the cliff. But what would this mean for your 2013 budget? We've rounded up the best fiscal cliff calculators we could find to help you figure that out.

Defense Cuts Could Be Inevitable, Says Rep. Randy Forbes

Rep. Randy Forbes, who chairs the readiness panel of the House Armed Services Committee, has a fairly blunt view on the near future of the fiscal cliff talks: "I am fully expecting to see sequestration in some form beginning in January," he told AOL Defense in an exclusive interview. Here's what he thinks that will mean for the U.S. military.

Disney to Pay $319 Million After Losing 'Millionaire' Appeal

A federal appeals court has upheld a $319 million verdict over profits from the game show "Who Wants to Be a Millionaire" and rejected Disney's request for a new trial. A jury decided in 2010 that Disney hid the show's profits from its creators, London-based Celador International.

Missouri Powerball Winners Are Mechanic and Wife

A 52-year-old Missouri mechanic and his wife claimed their share Friday of the record $588 million Powerball jackpot. Mike and Cindy Hill are taking the lump sum option, which means that after taxes, they will receive about $136.5 million.

10 Things You Must Know About Social Security

Many Americans will make Social Security the bedrock of their retirement plan, but there's more to the benefit than having a birthday and signing up to get your checks. Here are 10 essentials you need to know to get all the money you're entitled to out of the Social Security system.

The 10 Most Tax-Friendly States for Retirees

When deciding where to live in retirement, people usually consider climate, cost of living, and proximity to friends, family, and their favorite activities. Well, state and local taxes should play a role in the choice to, because they'll surely have an impact on your finances.

AG Holder: $4.5 Billion Settlement Not the End of BP Oil Spill Probe

Two men who worked for BP during the 2010 Gulf oil spill disaster have been charged with manslaughter, hours after BP announced it was paying $4.5 billion in a settlement with the U.S. government over the disaster. U.S. Attorney General Eric Holder said the criminal investigation is continuing.

A Quickie Guide to Career-Ending Political Sex Scandals

A sex scandal this week led to the resignation of Gen. David Petraeus and shut the door on a promising political career. Washington's halls of power are littered with the corpses of political careers killed by a sexual indiscretions. Here are six types of career-ending political affairs.