Who loves us, baby? China still does.
The United States may be hurtling towards a fiscal cliff at the end of the year. But if the U.S. is Thelma then China is Louise. Despite continued fears about another debt ceiling debacle at the end...
View ArticleBill Clinton: Congress will punt on fiscal cliff
Former President Bill Clinton said Tuesday that lawmakers will most likely put off making a set of crucial spending and tax decisions until 2013. "[Congress] will probably have to put everything off...
View ArticleOECD warns U.S. on income inequality
The United States should aim to fix its income inequality problem by improving education for disadvantaged students and raising taxes on the wealthy, according to a new report from a consortium of...
View ArticleWho started the latest 'fiscal cliff' buzz?
Federal Reserve Chairman Ben Bernanke is widely credited with coining "fiscal cliff," the ominous term that refers to $7 trillion in spending cuts and tax increases set to be triggered in January. But...
View Article'Fiscal cliff' for Word of the Year!
As we were researching the origin of the term "fiscal cliff," CNNMoney reached out to linguistics expert Ben Zimmer, executive producer of the Visual Thesaurus and Vocabulary.com and language...
View ArticleObama takes fiscal cliff fears to Twitter with #My2K
It's reminiscent of 1999, but with a new social media kick. President Obama is using the phrase My2K to spread fears about the fiscal cliff to the masses on Twitter. The White House claims that if the...
View ArticleFiscal cliff confusion on Form 1040
There are some new lines on the Form 1040 thanks to the fiscal cliff. The IRS has had to set aside space for provisions that Congress hasn't approved yet, leaving those lines as "reserved." Are you a...
View ArticleYour taxes under the fiscal cliff deal
The fiscal cliff deal contains a wide array of tax provisions that will affect taxpayers. Here's the list of what is -- and isn't -- in the agreement: Payroll taxes: Wage earners will now pay a 6.2%...
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