Today’s Headline from www.foxnews.com: Democrats and Republicans appear closer to compromise on deficit deal — with closing tax loopholes for highest earners in US emerging as middle ground — as economists warn country could go over ‘fiscal cliff’ when tax cuts for many expire, $1T federal cuts begin.

In the video below, Wall Street Journal’s David Wessel explains the issue in easy to understand terms.

Bottom Line: For love of country, its time to put party politics aside and find a workable solution. We desperately need an outbreak of leadership and soon!