With all the talk in the news media about the "fiscal cliff," it seems that one important thing has been left out: A simple definition of what is the fiscal cliff. So here it is.

Governors and city mayors across the country want to have a say in negotiations over the fiscal cliff, the New York Times reported on Sunday. And no wonder. State budgets rely heavily on funding from the federal government, so across-the-board federal budget cuts – which are currently scheduled for the start of 2013 – would have a big impact on the states. Consider just a couple ways that federal money flows into your state.

You’ve heard the term “fiscal cliff” and you’ve heard about how lawmakers in Washington can’t agree on spending or taxes. But here’s what you may not have heard: The federal budget negotiations happening right now may result in deep cuts to programs that benefit the next generation of Americans.

In the wake of the elections, Democrats and Republicans are pledging to work together to solve the fiscal cliff and other daunting challenges that confront the current lame duck session of Congress.But how likely is that, really? For example, both sides claim that the election was a mandate for their ...

Now that the elections are over, in Washington it’s all about the fiscal cliff. If you haven’t heard that phrase yet, you will soon. And often.The term “fiscal cliff” refers to the combination of two major events that will occur at the end of the year should Congress fail to ...

The Oct. 1 start of the new fiscal year passed quietly this year, as Congress recessed in mid-September so House and Senate members could return to their districts to campaign before the critical November elections. Members plan to return to Washington in mid-November for a “lame duck” session of Congress, during which there will be pressure to address a number of major issues.

Greg from Portland, Oregon e-mailed last week and asked, “The House just passed a major spending bill. Does this mean the big funding cuts for education I’ve been hearing about won’t happen? I’m a teacher, and we’ve been hearing all sorts of scary [stuff] about these cuts.”What Greg is referring ...

On July 31 Senate Majority Leader Harry Reid (D-NV) and House Speaker John Boehner (R-OH) announced that they had reached an agreement on a temporary spending bill – known as a “continuing resolution” (CR) – that will fund government operations for six months starting when the new fiscal year begins ...