Pelosi: Fiscal cliff deal 'long overdue'
Nancy Pelosi, the Democrat leader in the House of Representatives, said a fiscal cliff deal was "long overdue" and that she wanted a bipartisan agreement.
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.