Fiscal Cliff Deal Reached


A deal has been reached to avert the fiscal cliff. The proposal would include raising taxes on those making over $400,000, while making tax cuts underneath the threshold permanent. The deal would also keep the estate tax threshold at $5 million, but also reportedly tying it to inflation. Unemployment benefits would also be extended, while sequestration would be put off for two months.

Remember to stick with TKNN’s continuing coverage of the fiscal cliff.

About Tyler

Tyler is the chief media reporter for TKNN, with the news organization since its founding in November of 2010. He has previously served as chief political reporter and chief political anchor for TKNN.

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