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Fiscal Cliff

n this combination of photographs, Senate Majority Leader Harry Reid of Nevada, House Minority Leader Nancy Pelosi of California, Senate Minority Leader Mitch McConnell of Kentucky. and House Speaker John Boehner of Ohio leave the White House separately in Washington, Friday, Dec. 28, 2012, after a closed-door meeting between President Barack Obama and Congressional leaders to negotiate the framework for a deal on the fiscal cliff. The end game at hand, President Barack Obama and congressional leaders made a final stab at compromise Friday to prevent a toxic blend of middle-class tax increases and spending cuts from taking effect at the turn of the new year.

January 1, 2013

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