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The Economy & The Fiscal Cliff

  • Top House Republican predicts final passage of 'fiscal cliff' bill

    A senior Republican in the U.S. House of Representatives said he expected the chamber to give final approval on Tuesday night to the Senate-passed "fiscal cliff" bill.

    Rules Committee Chairman David Dreier made the prediction in a brief interview with Reuters after his panel cleared the way for the measure to be brought to the House floor. Dreier said he expected it to pass with bipartisan support, but declined to guess how many Republicans would back it, other than to say, "Quite a few."
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IAEA chief heads to Iran as nuclear talks reach last stretch

VIENNA - The global nuclear watchdog said on Wednesday its boss would fly to Tehran to discuss some of the last big issues that need to be resolved so that Iran and world powers can reach a breakthrough final nuclear deal by a new deadline of next week.