McCaskill admitted the deal “isn’t perfect” but said “it achieves what’s most important here by protecting middle class families.”
If Congress manages to pass a feeble, last minute, deal on taxes it will be a deal that is long overdue. All of this could have been avoided.
Topinka estimated Social Security and income tax increases would lower Illinois tax revenues by up to $500 million.
In the absence of congressional action, come Jan. 1, income taxes will go up, and extended unemployment benefits will end.
Residential real estate experts say home prices are slightly lower than they were a year ago, but are hopeful for what 2013 might bring.
Ultimately, Shimkus says he is is not optimistic Congress will avert the fiscal cliff and places much of the blame for that on the Senate.
More than a month after the election, things continue to get worse for the GOP brand. The lead Republican spokesperson during the fiscal cliff negotiations, House Speaker John Boehner, has a 34 percent approval rating. President Obama has a 54 percent approval rating.
Where will we be on January 1st?
CNN’s Candy Crowley
Missouri could lose about $125 million in federal funding for various programs and the state’s military-related economy could take a $1 billion hit.