Negotiations between President Obama and the Republican-led House of Representatives over the "fiscal cliff" are heating up. Some economists believe if a compromise isn't made by December 31 of this year, the U.S. economy could fall back into recession.
The average income of the American family is down for the second year in a row, with households earning nearly eight percent less than what they did in 2007 prior to having their financial throats cut by a downtrodden economy.
Those listmakers at Forbes dropped their rundown of the Highest Paid Celebs Under 30, and it’s dominated by women — and Justin Bieber, who is No. 2 on the list. Joining the Biebs are Taylor Swift, Rihanna, Lady Gaga and Katy Perry. Who got the top spot?
Named for billionaire investor Warren Buffett, who has argued that he shouldn’t pay a lower tax rate than his secretary, the Buffett Rule would mandate a minimum 30 percent tax rate for any household which makes over $1 million a year. But is the rest of country onboard wi…