Reports indicate that the House will NOT vote on any potential Senate fiscal cliff deal today, which means that the US will be plunging full speed ahead over the fiscal cliff in approximately 7 hours.
In other news, the US just officially breached the statutory debt ceiling.
Happy New Year America!
Looks like 2013 will ring in a recession/depression as no deal means taxes would jump by an average of $3,446 for U.S. households in 2013.
*Update: Obama says not so fast, fiscal agreement is still within sight. (Again, Mr. President, is the House planning on voting on said agreement today?