The fiscal cliff provisions you might not have heard about
Members of the House of Representatives leave after voting for legislation to avoid the 'fiscal cliff' during a rare New Year's Day session Jan. 1, 2013 in Washington, D.C.
And finally, if you read the fine print on the fiscal cliff legislation you'll find some rather interesting stuff. A rum tax to help support the Puerto Rican rum industry, a tax credit for electric bikes, a tax break to build race car tracks and more tax-exempt financing for development around the former World Trade Center -- which Bloomberg points out has benefitted Goldman Sachs.
What Congress HASN'T managed to pass? A relief bill for Hurricane Sandy victims. Latest word is the new Congress will address it starting Friday.