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Cbo Fiscal Cliff

On Fiscal Cliff, Congress' Work Isn't Done Yet

AP | ANDREW TAYLOR | Posted 03.06.2013 | Politics

WASHINGTON — Legislation passed this week to avert the "fiscal cliff" could still leave in place deficits averaging more than $900 billion a yea...

New Report Issues Warning About Looming Problem

AP | ANDREW TAYLOR | Posted 01.08.2013 | Politics

WASHINGTON — House Republicans' hard line against higher tax rates for upper-income earners leaves re-elected President Barack Obama with a toug...

Mark Gongloff

Report: U.S. Will Enter Recession If 'Fiscal Cliff' Not Avoided | Mark Gongloff | Posted 10.22.2012 | Business

The U.S. economy will sink into a deep recession and unemployment will jump back above 9 percent if Congress does not avoid a "fiscal cliff" waiting a...