Economists say if they do not pass legislation by the end of the year it could lead to a recession.
Americans are waiting, watching, and wondering what their politicians are doing right now.
Economists say if they do not pass legislation by the end of the year – taxes go up, federal spending is cut and it will lead to a recession.
So where are they in trying to figure out a solution to what is now called a fiscal cliff? Patty Culhane,
Al Jazeera's White House Correspondent, takes a look at how close they are to the edge.