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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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Iran and six powers entrenched as clock ticks to nuclear deadline

LAUSANNE, Switzerland - Iran and major powers were struggling on Monday to reach a preliminary nuclear accord as "gloom" set in, with both sides sticking to their positions a day before a self-imposed deadline. | Video