To the Point
Looking Over the Edge of the Fiscal Cliff
With Washington still divided in the aftermath of last week’s election, can the President and Congress keep the nation away from the so-called fiscal cliff? We’ll hear about the prospects for compromise to avoid another recession.
With Washington still divided in the aftermath of last week’s election, can the President and Congress keep the nation away from the so-called fiscal cliff? We’ll hear about the prospects for compromise to avoid another recession.
In this episode
3 storiesIsrael Strikes at Syria as Gulf Cooperation Council Recognizes Syrian Opposition Coalition
The Gulf Cooperation Council said today its six member states will recognize the newly formed National Coalition of the Syrian Opposition as the legitimate representative of the Syrian people. Meantime, Israel tanks made a direct hit on Syrian military targets in response to mortar fire that fell near an army post in the Golan Heights.
Read the story8 minLooking Over the edge of the Fiscal Cliff
The "fiscal cliff" means all income-tax payers are in for an increase and most government programs are in for massive reductions by the first of next year. What if the re-elected President and the lame-duck Congress can't make a deal? Would gridlock necessarily lead to another recession?
Read the story27 minA Culture of Mediocrity Among the Army’s Top Brass
On Friday, former Army General David Petraeus resigned as director of the CIA, citing his own bad judgment for an extramarital affair. California's Democratic Senator Dianne Feinstein, Chair of the Senate Intelligence Committee, was surprised that the FBI never notified her about the investigation.
Read the story16 min