As clock ticks, US lawmakers seek fiscal cliff solution | Bangkok Post: news

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As clock ticks, US lawmakers seek fiscal cliff solution

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With the clock ticking toward a New Year's time bomb of huge tax increases and spending cuts, US lawmakers rushed Saturday to keep America from tumbling off the so-called fiscal cliff. 

Demonstrators hit Capitol Hill in Washington on December 28, 2012. With the clock ticking toward a New Year's time bomb of huge tax increases and spending cuts, US lawmakers worked feverishly Saturday to keep America from tumbling off that so-called fiscal cliff.

The stakes in the game of holiday-interrupting brinkmanship are huge.

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