Marketplace Morning Report for Tuesday, January 1, 2013
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The Senate rang in the New Year around 2 a.m. by pushing through a fiscal cliff compromise. The IRS is one of the agencies most affected by the uncertainty. Until a final deal is closed, it looks like the 2013 tax season could be a tumultuous one. There are rumors the chip-maker Intel could roll out a TV set-top box next week, at the Consumer Electronics Show. This would be Intel's second run at this kind of thing -- so why is it so intent on getting its hardware into your living room?
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We've got some good analysis on this evolving deal and some informed prognoses on where we go from here, from a couple of heavy-hitting economists of both parties. Then we'll pivot to another controversial topic: Obamacare... And see how one of the most progressive states is doing at setting up its insurance exchange.
Posted In: health insurance, fiscal cliff, health exchange
The fiscal cliff was hardly the only important deadline today in Washington. Today's the day for the Secretary of Health and Human Services to tell states whether their plans for health insurance exchanges pass muster.
Posted In: fiscal cliff, Taxes, Congress
The Senate deal permanently raises income taxes for individuals making more than $400,000 a year. It delays -- for just two months -- most of those automatic spending cuts that were set to kick in. And it includes a number of other provisions to stave off the most pressing aspects of the fiscal cliff.