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Home   >   News   >   National News   >   Clock Ticking As “Fiscal Cliff” Nears, No Deal As Of 9 AM Monday

Clock Ticking As “Fiscal Cliff” Nears, No Deal As Of 9 AM Monday

By on December 31, 2012

THE “FISCAL CLIFF” IS NOW LESS THAN 24 HOURS AWAY… AND THERE WAS STILL NO DEAL AS OF 9 O’CLOCK MONDAY MORNING.

 

 

HIGHER TAXES AND CUTS IN DISCRETIONARY SPENDING WILL TAKE PLACE IF THE “FISCAL CLIFF” OCCURS. HOWEVER, CONGRESS HAS SO FAR BEEN UNABLE TO REACH A DEAL TO AVOID THE CLIFF. AS OF 9 AM MONDAY, IT REMAINS UNKNOWN AS TO WHETHER ANY KIND OF DEAL WILL BE MADE…