The nation is in pins and needles trying to figure out exactly what “going over the fiscal cliff” means for the average middle income family.…

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Word on the Hill is those ‘Fiscal Cliff’ negotiations got real! Speaker of the House, John Boehner, (R-Ohio), and Senate Majority Leader, Harry Reid, (D-Nevada),…

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WASHINGTON (AP) — While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013. That’s because the legislation did nothing to prevent a temporary reduction in the Social Security payroll tax from […]

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Roland Martin talks with CNN’s Ali Velshi about the fiscal cliff.

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WASHINGTON (AP) — Emergency legislation to avoid the economy-threatening fiscal cliff ran into vehement New Year’s Day opposition from House Republicans, casting doubt on the divided government’s ability to prevent widespread tax increases and painful, across-the-board federal spending cuts. “I do not support the bill. We are looking, though, for the best path forward,” House […]

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WASHINGTON (AP) — The “fiscal cliff” deadline has passed — technically, at least. The beginning of the New Year in theory means across-the-board tax increases and spending cuts kick in, but Congress is working to cancel them before they can have an impact. The White House and congressional leaders hope to send legislation to President […]

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WASHINGTON (AP) — Agonizing close to a New Year’s Eve compromise, the White House and congressional Republicans agreed Monday to block across-the-board tax increases set for midnight, but held up a final deal as they haggled away the final hours of 2012 in a dispute over spending cuts. “It appears that an agreement to prevent […]

The Obama administration released a report that explains how the so-called “fiscal cliff” impacts African Americans at a time when so many black families are struggling to make ends meet. The report highlights the number of middle class families impacted by a tax increase on Jan. 1, including the number of African Americans that could lose […]

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Roland Martin talks with Congressman Emanuel Cleaver about the fiscal cliff and how it will affect Americans.

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We’ve seen this all before. And it’s hard to believe that, more than 50 years later, we’re seeing it again. We saw it in Virginia in 1958 when segregationist lawmakers opted to shut down the entire public school system of Prince Edward County, Va., rather than allow black students to attend school with white students. […]

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HONOLULU (AP) — With a yearend deadline looming before the economy goes over the so-called fiscal cliff, President Barack Obama is cutting short his traditional Christmas holiday in Hawaii, planning to leave for Washington on Wednesday evening. Obama was expected to arrive in Washington early Thursday, the White House said late Tuesday. First lady Michelle […]

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HONOLULU (AP) — With a yearend deadline looming before the economy goes over the so-called fiscal cliff, President Barack Obama is cutting short his traditional Christmas holiday in Hawaii, planning to leave for Washington on Wednesday evening. Obama was expected to arrive in Washington early Thursday, the White House said late Tuesday. First lady Michelle […]