Congress prepares to figure out fiscal cliff

Monday, the U.S .Senate is taking a break before reconvening first thing Tuesday morning trying to solve this fiscal cliff.

Congress has just five weeks to figure out how to cut money from the budget so $650 billion worth of spending cuts and tax increases do not go into affect.

There are increasing signs Republicans may be willing to deal on the most controversial issue, taxes.

President Obama tapped Treasury Secretary Tim Geithner to be the lead negotiator in the fiscal cliff talks.
 

Share this article: