Wednesday, January 2, 2013

Has the 'fiscal cliff' fight changed how Washington works?

Republican leaders in the House of Representatives split over the "fiscal cliff" deal that Congress passed on New Year's Day.The government gave the nation's suit-and-tie mad scientists a tax break again this year, agreeing to extend the much-loved R&D tax credit. "We..The "fiscal cliff" compromise, for all its chaos and controversy, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year. All the major U.S. stock indexes swelled by at least 2 percent. For the Dow JonesThe late-night House vote that approved a compromise deal to avert the fiscal cliff included notable divisions between Republican leaders, with some of House Speaker John Boehner's top deputies breaking with him to oppose a measure that might haveThe "fiscal cliff" compromise, for all its chaos and controversy, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year. All the major U.S. stock indexes swelled by at least 2 percent. For the Dow Jones
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