Last week’s fiscal cliff deal left much unresolved – no agreement on raising the debt ceiling, the fiscal year 2013 budget is still incomplete, and there was no more than a delay in dealing with one of the major components of the cliff: sequestration.

A number of our Facebook fans expressed concern last week when they discovered that payroll taxes would be increasing in the wake of fiscal cliff negotiations. One person wrote in dismay, "What about all the months of discussion that increasing taxes on the middle class would hurt the economy?"

Here are the top 5 things you need to know  about the fiscal cliff deal enacted by Congress this week: 1)  Extends the Bush-Era Tax Cuts: The Bush-era tax cuts were scheduled to expire on Dec. 31. The tax cuts benefited nearly every American taxpayer, though they offered the most ...

At the last possible moment, Congress came to an agreement to avoid the fiscal cliff. The deal affects tax rates, unemployment benefits, and even the price of milk. Read the details.

2013 and the fiscal cliff will arrive in a few hours, though today's most popular Google search is about Kim Kardashian's pregnancy. After all, we can only take so much news about something called the "fiscal cliff." But it actually makes a difference whether we're paying attention to Kim Kardashian or to what's happening in Washington.

There have been few outward signs of progress in recent days as Congress and the White House negotiate over the so-called fiscal cliff. (We prefer to call it a fiscal obstacle course.) Naturally that's led to speculation that lawmakers won't be able to strike a deal to avoid the looming spending cuts and tax increases.

A reader from Shelby Township, Michigan, wrote to us to ask about the Bush-era tax cuts. "How much revenue would the federal government get," he wrote, "if taxes were raised on the people making more than $200,000 per year?" It's a very timely question. Bush-era tax cuts for high earners are the most contentious part of negotiations raging over the so-called fiscal cliff.

I recently read an article that compared the gridlock in Washington, D.C. to living next to a railroad track with trains constantly going by – eventually you don’t even notice it. But with the fiscal cliff looming, concerns about the inability of Congress to get anything done are mounting.So it ...

The White House is preparing an emergency funding request to help repair the damages caused by hurricane Sandy. Although final details are not yet available, the request is expected to be for about $50 billion.This is considerably below the total amount requested by states which suffered severe damage from Sandy. ...

Last week I wrote a post called Fiscal Cliff Definition, with a simple explanation of the much-hyped, so-called fiscal cliff. (I also suggested that we call it a "fiscal obstacle course" instead of a cliff, because that's a more appropriate metaphor.) The next important question is: What's going to happen?