Perhaps the mind-numbing specifics are not that important, but the end result is for American families making $40,000 or more in 2013 paying rising taxes.
So much has been said about the "Fiscal Cliff" facing the U.S. in January 2013. How would it affect you and your family? Use this calculator to find out.
According to media sources in Hawaii, President Obama plans to hang loose for about 20 days, including the day when the U.S. will go "over the fiscal cliff" unless a budget and tax plan is reached.