The GOP gave in to more spending, higher taxes and get nothing in return. Not only did they strengthen Democrats' resolve to double down on their demands but the GOP just lost all their support.
If Washington is unable to pass even a modest deal to avert the fiscal cliff, it will reflect poorly on everyone involved, but here are the five main culprits.
Larry Fink would be a good insider candidate, and Mitt Romney would be a solid out-of-the box candidate.
The most common “I Voted” sticker, a small, white, oval that includes an American flag, costs about 15 cents per sticker. With local governments strapped for cash, is this cost worth it?
Fiscal cliff and debt ceiling woes will continue to affect various asset classes in 2013. Here's how.
Austerity hawks have lobbied for deficit reduction with the express interest of putting the U.S. economy on a more stable footing. The fiscal cliff is the answer to their prayers, or is it?
The “grand bargain is dead” in Congress. But there is unanimous support for preserving the Bush tax rates for everyone making less than $200,000-$250,000 in a year.
Speculation is that the press conference will focus on a possible fiscal cliff deal.