US Senate adjourns 'fiscal cliff' talks
The US Senate has adjourned for the day with no deal reached on the 'fiscal cliff' talks. Senator Richard Durbin said the Senate would reconvene tomorrow.
Read More: What is America's 'fiscal cliff' ?
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.