The fiscal cliff clock is ticking

House Minority Whip Steny Hoyer (D-MD) discusses the fiscal cliff negotiations at the U.S. Capitol in Washington December 27, 2012. The "fiscal cliff" is only days away and efforts to avert it are making little progress, with some U.S. lawmakers predicting the tax increases and federal spending cuts involved will start taking hold in January, unless a deal comes together very quickly.

Credits: REUTERS/Mary F. Calver


With just a few days before the deadline, Republicans and Democrats are still at odds with each other on how to solve the fiscal cliff crisis.

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