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fiscal cliff

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Fiscal Cliff Tax Repercussions — What is It + How Will It Affect You?

"Fiscal cliff" is a phrase we have heard a lot lately. And we're going to hear a lot more of it if Congress doesn't reach an agreement by midnight tonight and going into 2013. While it's sometimes easy to brush off what politicians are up to, this actually will affect almost all of us financially -- many of us substantially.

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SNL Fiscal Cliff
NBC
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‘SNL’ Goes Over the Fiscal Cliff

With the election a month behind us, 'Saturday Night Live' has to find another political subject to latch onto in the coming weeks and the Fiscal Cliff crisis certainly feels right. Last night's episode continued the 2012 tradition of opening episodes with something politically themed with a typical presidential press conference sketch, where Jay Pharoah's President Obama took the stage to address the Fiscal Cliff. Naturally, things get weird pretty quickly.

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