Clearpoint Credit Counseling Solutions says the finances may worsen for many because of the pending tax increases.
At midnight, not only did the ball drop in Times Square, ushering in a New Year, but Congress dropped the ball on delivering the country meaningful deficit reduction.
The Labor Department says the unemployment rate stayed at 7.8 percent last month. November’s rate was revised higher from an initially reported 7.7 percent.
Charlie talks with STL Cardinals Broadcaster Mike Shannon; and with Plancorp’s Larry LeGrand about how Congressional action to avoid the fiscal cliff will affect your pocketbook.
We avoided the cliff.
Predictably, the deal approved by Congress wasn’t completely satisfying to many lawmakers, even those who voted in favor of it.
Political Reporter Niall Stanage from TheHill.com joined Jon on this morning’s broadcast to talk about the Fiscal Cliff Resolution that lawmakers came up with yesterday.
Says deficit is still to high; won’t negotiate raising debt ceiling.
House Democratic leader, Rep. Nancy Pelosi, says she expects, and wants, a straight up or down vote, on the Senate-passed bill avoiding the tax portion of the fiscal cliff.
The measure cleared the Senate early Tuesday, hours after Vice President Joe Biden and Senate Republican Leader Mitch McConnell sealed a deal.