There had been talk the U.S. House of Representatives could vote Tuesday night on a new bill that would reopen the government and keep the country from falling over the fiscal cliff, but it all collapsed again.
The impending sequestration cuts are being treated like an oncoming freight train that will derail and wreak havoc on our entire country. But what if the cuts are handled well and actually don’t hurt as bad as predicted?
A CBS4 employee recently tried to file her tax return electronically but it was rejected by the Internal Revenue Service, and she’s not alone.
U.S. Sen. Michael Bennet of Colorado was one of just three Democrats to go against his party and vote against the fiscal cliff deal in the Senate.
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.
Wind turbine manufacturer Vestas isn’t saying whether any of its laid-off Colorado workers will get their jobs back now that Congress has extended a wind tax credit.
Colorado’s congressional delegation split on the compromise to break the fiscal cliff largely along party lines.
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.
While we maybe heading over the “fiscal cliff”, our government has a secret weapon to address the problem in 2013, its own version of a time machine.
Senate negotiators are pessimistic about avoiding the fiscal cliff. Talks seem to have broken down but there is a contingency plan already in the works.