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Subject Congress Adjourns for Christmas Without Path Forward to Avert Fiscal Cliff

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Cindy Saine
December 21, 2012

CAPITOL HILL — U.S. lawmakers are heading home for the Christmas holidays without any agreement or even a clear path forward on a way to avoid a combination of massive tax increases and spending cuts known as the fiscal cliff. The entire process came to a standstill late Thursday, when the Speaker of the House of Representatives, John Boehner, was unable to muster enough votes in his own Republican caucus for a bill that would only have raised taxes on incomes of $1 million a year.

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