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"We probably won't get a deal until after Christmas," said Sen.-elect Jeff Flake (R-AZ) discussing the dueling "cliff" proposals going back and forth between the White House and Congress.
House Speaker John Boehner and other GOP leaders speak out on why there is not yet an agreement on the "fiscal cilff."
If Americans want larger entitlement programs, they must be prepared for higher taxes, Glenn Hubbard, a former Bush economic aide, told CNBC's "Squawk on the Street" on Wednesday.
New labor laws in Michigan are not only a major shift for the state, they could ripple across the country.
Thomas Fanning, chairman, president & CEO, Southern Company, discusses the "fiscal cliff" and the uncertainty surrounding its eventual outcome. "We plan with uncertainty all the time," he says.
A "fiscal cliff" deal lies in going back to time-tested spending-to-tax ratios, Blackstone CEO Steve Schwarzman told CNBC.
Larry Kudlow reports the latest details on a deadly shooting outside a mall near Portland, Oregon. And, Chris Edwards, CATO Institute, reveals the results of his recent tax policy study which shows thousands of new government employees are overpaid and work less compared to the private sector.
Sen. Jon Kyl, (R-AZ) weighs in on where "fiscal cliff" talks are likely headed. Also, CNBC's Jackie DeAngelis reports on a powerful explosion near a West Virginia nursing home.
Former Chairman of the Federal Reserve, Alan Greenspan discusses why there is no painless solution to the "fiscal cliff," and whether a deal can get done by the end of the year.
CNBC's Robert Frank reports some high-profile billionaires, including Warren Buffett, John Bogle and Norman Lear, are calling on Congress to raise their taxes.
Sen. Orrin Hatch (R-UT) weighs in on whether Republicans will budge on raising taxes on the top two percent of taxpayers, and the odds of reaching a deal by the end of the year.
Rep. Lynn Jenkins (R-KS) and Rep. Xavier Becerra (D-CA) discuss whether the two parties are closing in on a debt deal and if taxes will go up on the top two percent of taxpayers.
Rep. Chris Van Hollen (D-MD) reveals what spending cuts the Democrats are willing to live with to get a deal to avoid the "fiscal cliff."
Jed Kolko, Trulia chief economist, explains what will happen to the housing market if mortgage interest deductions are taken away.
Sen. Johnny Isakson, (R-GA), weighs in on dealing with the nation's debt ceiling.
Rep. Kevin Yoder (R-KS) explains why he did not sign the Norquist "Taxpayer Protection Pledge" and says you can't shut any idea out until you come to a solution.
Rep. Lee Terry (R-NE) discusses compromise efforts between Republicans and Democrats on Capitol Hill in an effort to find a solution to the "fiscal cliff."
Fed policy makers have traders on edge, as the final FOMC meeting of the year takes place this week, with CNBC's Rick Santelli and independent trader Art Nolan.
Markets expect the Fed to continue buying Treasurys, but the course for rates is more likely to be determined by the "fiscal cliff" talks.
Just how much cash is in overseas bank accounts that are not subject to U.S. taxes? CNBC's Jon Fortt reports the details.
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