Published December 21, 2012
With the clock ticking towards a year-end deadline, the United States veered closer to stepping off the so-called "fiscal cliff" after Republicans postponed a House vote on an alternate plan to prevent taxes from rising for most Americans. Democrats say President Barack Obama would have vetoed the plan. But with Congressional leaders on holiday recess, the political stalemate is making people nervous. Mil Arcega has more for VOA.