Senate returns to try last minute deal to avoid 'fiscal cliff'
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.
For more details and background to the "fiscal cliff" click here.
America's budget crisis has been averted, but not solved
America's financial crisis has been averted, not solved. We've had the fiscal cliff. Now get ready for the debt abyss.
What is America's 'fiscal cliff'?
Democrats and Republicans have so far failed to agree on an alternative plan to the tax increases and spending cuts scheduled for January 1.