fiscal cliff

It's lights out for a tax renewal that would cover about half of the state's looming budget gap.

Baton Rouge Democratic Representative Ted James says after a week of haggling, the legislature is showing some signs of life.

We might get a break from hearing about the "Fiscal Cliff" for a while at least. The GOP-dominated House of Representatives has approved a bipartisan Senate deal by a 257-167 vote, preserving the Bush-era tax cuts for all Americans making less than $400,000 per year.

The Fiscal Cliff as it has been called is looming and based upon the words of all the talking heads, legal eagles, and elected purveyors of fine manure this cow actually makes more sense.

Negotiations between President Obama and the Republican-led House of Representatives over the "fiscal cliff" are heating up. Some economists believe if a compromise isn't made by December 31 of this year, the U.S. economy could fall back into recession.