Us Fiscal Cliff

  • The US has averted a recession for now: Surya Gangadharan January 3, 2013

    Barack Obama on Tuesday signed into law a landmark bill that allows a rare tax increase that will hit the nation's wealthiest households in a bipartisan budget deal that stops the world's largest economy from falling into a deep fiscal crisis and recession. CNN-IBN's Surya Gangadharan joined IBNLive readers for...
  • US 'fiscal cliff' crisis heads to resolution in Congress January 2, 2013

    Washington: A months-long battle over the US "fiscal cliff" headed to a close on Tuesday as the House of Representatives moved toward final approval of a bipartisan deal meant to prevent Washington from pushing the world's biggest economy into recession. The Republican-controlled House was expected to back a tax hike on...