From Heritage: What IS the Fiscal Cliff?

Heritage   ..."There is no agreement right now on how to avoid it, however. When Treasury Secretary Tim Geithner presented the White House’s plan to House Speaker John Boehner (R-OH) last week, Boehner said, “You can’t be serious.” Thus far, President Obama’s answer to the fiscal cliff is a proposed $1.6 trillion in tax hikes plus new stimulus spending—and expanded power for himself to raise the debt ceiling without congressional approval. He suggests only magnifying the policies that brought us to the fiscal cliff in the first place.

"Heritage’s Romina Boccia, James Sherk, and Katie Tubb have explained “What’s in the Fiscal Cliff?” and recommended solutions to several of the immediate problems. They note that American individuals, families, businesses, and the military will all be harmed if the nation goes “off the cliff,” so to speak, or if a bad deal is done in Washington. Here are some of the major components of the fiscal cliff." Read more....

Rick Moran; Key to fiscal cliff negotiations: Holiday deadline
...."But for the 535 members of the U.S. House of Representatives and Senate, who need deadlines to force them to accomplish anything big, it is the threat of having to work through Christmas that is fueling the oncoming mad dash to a deal - or at least a deal to eventually get a deal."