Congress resumes work on Fiscal Cliff - KYTX CBS 19 Tyler Longview News Weather Sports

Congress resumes work on Fiscal Cliff

Posted: Updated:

(CBS) - Congress returns to Washington today from its Thanksgiving break.

Time is also running out to reach a deal on the Fiscal Cliff, the series of tax increases and spending cuts due to kick in at the end of the year. Both sides say they are willing to compromise.

South Carolina senator Lindsey Graham, a Tea Party favorite, said Sunday that he is willing to break his pledge to never raise taxes in order to increase revenue. However, he says that if he does so, Democrats must be willing to change entitlement programs.

Powered by WorldNow

CBS19, MYTX & KCEB
2211 ESE Loop 323
Tyler, TX 75701
Phone (903) 581-2211
Fax (903) 581-5769

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KYTX. All Rights Reserved. Users of this site agree to the Terms of Service, Privacy Notice/Your California Privacy Rights, and Ad Choices.