Related Content: fiscal cliff

Demystifying the fiscal impasse that is vexing Washington

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Many Americans must be wondering: What is all this about a “fiscal cliff”? And why did it receive so little attention during the presidential campaign?

PBS Newshour: President Obama's Second Term Agenda Begins With Stressing Compromise on Budget

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With automatic spending cuts and tax increases scheduled to hit in January 2013, President Barack Obama hopes to find a "grand bargain" solution to U.S. budget woes. Gwen Ifill talks to Sen. Dick Durbin, D-Ill., and Sen. Kay Bailey Hutchinson, R-Texas, about President Obama's latest efforts to push compromise on Capitol Hill.

The fiscal cliff: Will Obama, Congress cut budget deal?

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Five people will gather Friday inside the White House to begin making decisions that could affect the pocketbooks of 315 million Americans.

Through Post-Election Fog, a Fiscal Cliff Looms

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WSJ reporters look ahead to the immediate challenges for Barack Obama's second term, including the approaching fiscal cliff and the likely way Congress will solve it.

In Debt Talks, Obama Is Ready to Go Beyond Beltway

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President Obama, emboldened by his decisive re-election and lessons learned over four years in office, is looking to the renewal of budget talks with Republicans this week as a second chance to take command of the nation’s policy debates and finally fulfill his promise to end gridlock in Washington, associates say.

On edge of brutal ‘fiscal cliff,’ some see an opportunity to end debt paralysis

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Two years ago this month, the leaders of a presidential commission rolled out a startling plan to dig the nation out of debt. After decades of profligacy, they said, Washington must tell people to work longer, pay higher taxes and expect less in retirement.

November 9, 2012

Weekly Show

The roundtable analyzes how President Obama was re-elected and how changing demographics played a key role. Also, we examine the looming fiscal cliff crisis. Plus, we look at the resignation of CIA Director David Petraeus after admitting to an affair. Joining Gwen: Jeff Zeleny, New York Times; John Dickerson, Slate Magazine and PBS; Dan Balz, Washington Post; Beth Reinhard, National Journal.

Deficit Deal Stalemate

Vault Show

Newly re-elected, President Obama has to find a way to get a divided Congress to reach an agreement to prevent a fiscal crisis or risk pushing the country into recession. We look in the vault to November 2011 when the supercommittee failed to reach a budget deal affecting national politics and the economy.

Watch the full show from November 25, 2011 here

The long-term economic to-do list

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The items marked "urgent" on the president's economic to-do list are overwhelming. The temptation must be to start at the top and work down: Avert the fiscal cliff, fill pending cabinet vacancies, reach out to China's new leaders, cajole Europe into avoiding economic suicide.

To the cliff, and beyond

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A DAY after receiving a thumbs-up from voters, Barack Obama got a thumbs-down from the stockmarket, which fell 2%, its biggest fall in a year. Blame the threat of higher taxes on dividends and capital gains and tougher treatment of banks and fossil fuels, but blame also the sad fact that the election failed to resolve the biggest question hanging over the economy: how to deal with the deficit.