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Congress Set to Miss Deadline as Lawmakers Race to Reach Fiscal Deal

Obama says fiscal deal ‘within sight,’ and McConnell confirms ‘an agreement on all of the tax issues’ — but with spending still a sticking point, Congress is about to miss its deadline to avoid a tax hike on most Americans.

  • US Hits Borrowing Limit, Moves to Avoid Default
  • ‘Fiscal Cliff’ Tops 2012 List of Words People Wish Would Go Away
  • Lawmakers Push One-Year Extension of Farm Bill in Bid to Avert Spike in Milk Prices
  • Unions Look for Benefits From Obama Re-Election
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