Fiscal cliff: With election over, focus turns to debt

Speaker of the House John Boehner, R-Ohio, meets with reporters as Congress prepares to shut down until after the elections in November, on Capitol Hill in Washington, Friday, Sept. 21, 2012. (AP Photo/J. Scott Applewhite)


Fiscal cliff: The election is over, now job No. 1 is solving debt woes

It's the issue that didn't get much attention during the presidential campaign, but now becomes the top priority for the nation's newly re-elected President Barack Obama — the fiscal cliff. "America is facing an urgent crisis," warned a group of high-profile investors in a letter printed on a full page ad — and addressed to candidates for president and Congress — in the New York Times one day before the election. By urgent, the investors are referring to the 55 …

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