fiscal cliff http://www.kplu.org en Cliff Deal: What We Learned; What Comes Next http://www.kplu.org/post/fiscal-cliff-deal-what-we-learned-what-comes-next The budget negotiations that led to a frantic New Year's deal on taxes confirmed many lessons about the way Washington works today.<p>For one thing, many of the most important relationships in the capitol appear to be broken. Wed, 02 Jan 2013 20:40:08 +0000 7477 at http://www.kplu.org Cliff Deal: What We Learned; What Comes Next House votes to approve 'Fiscal Cliff' legislation http://www.kplu.org/post/house-votes-approve-fiscal-cliff-legislation The House of Representatives voted 257-167 late Tuesday to pass a Senate-approved compromise deal that stops large tax increases for 99 percent of Americans, and delays massive spending cuts for two months.<p>The bill now goes to President Obama, who is expected to sign it into law.<p>NPR's S.V. Date is reporting on the deal for our Newscast unit. Here's what he says:<p><blockquote><p>"The eventual deal was hammered out by Senate Republican Leader Mitch McConnell and Vice President Joe Biden. Wed, 02 Jan 2013 10:03:10 +0000 Bill Chappell 7475 at http://www.kplu.org House votes to approve 'Fiscal Cliff' legislation Deal To Avert 'Fiscal Cliff' Appears Likely http://www.kplu.org/post/obama-agreement-taxes-within-sight <strong>Update at 9:45 p.m. Deal Reached</strong><p>Vice President Joe Biden was meeting late Monday with Senate Democrats to brief them on a proposed deal to stop sharp tax increases and spending cuts. A source told NPR the deal with congressional Democratic and Republican leaders includes a mix of both.<p>Senate Majority leader Harry Reid and House Minority Leader Nancy Pelosi have signed off on the agreement, which calls for a two-month deferral of the automatic spending cuts known as the sequester. Mon, 31 Dec 2012 20:58:33 +0000 Mark Memmott 7472 at http://www.kplu.org Deal To Avert 'Fiscal Cliff' Appears Likely Don't worry about a hike in the capital gains tax http://www.kplu.org/post/dont-worry-about-hike-capital-gains-tax <p></p><p>As we approach the dreaded <a href="http://en.wikipedia.org/wiki/United_States_fiscal_cliff">fiscal cliff</a>, many financial pundits are sounding the alarm: “Take your capital gains now to avoid higher taxes next year!”</p><p>Should most of us be worried about this? On this week’s Money Matters, financial commentator Greg Heberlein says you should hang on to your winning investments. He tells KPLU’s Dave Meyer that the push to sell because of capital gains concerns may be the biggest idiocy since the sale of no-money-down, balloon-payment mortgages.&nbsp;</p><p> Tue, 11 Dec 2012 13:34:00 +0000 Dave Meyer & Greg Heberlein 7313 at http://www.kplu.org Don't worry about a hike in the capital gains tax Senator Patty Murray says going over the 'fiscal cliff' is an option http://www.kplu.org/post/senator-patty-murray-says-going-over-fiscal-cliff-option <p>Now that the election is over, Washington, D.C. has turned its focus to averting the so-called fiscal cliff. But Washington Senator Patty Murray says going over the cliff should be an option.</p><p>The fiscal cliff refers to the Bush-era tax cuts that expire at the end of the year and the deep spending cuts that will take place. Senator Murray has been saying for some time now that Democrats shouldn’t be too afraid of the fiscal cliff.</p> Tue, 13 Nov 2012 13:00:00 +0000 Ashley Gross 7094 at http://www.kplu.org