With just two weeks to go before the end of the year, the fiscal cliff remains unresolved and the country’s debt is just $63 billion shy of the $16.394 trillion legal borrowing limit.
House Speaker John Boehner has offered to extend the debt limit for a year as part of a deal to avoid the fiscal cliff, a source familiar with the talks told CNN on Sunday.
Debt ceiling a big question in fiscal cliff deal – Dec. 17, 2012.
