US legislators have returned to Capitol Hill to try and reach a deal to avoid the tax increases and spending cuts known as the "fiscal cliff."
As the deadline for a solution draws near families across America are facing tax increases of around $2,000 in 2013.
America's financial crisis has been averted, not solved. We've had the fiscal cliff. Now get ready for the debt abyss.
Democrats and Republicans have so far failed to agree on an alternative plan to the tax increases and spending cuts scheduled for January 1.