What is the 'fiscal cliff?'

POSTED: 11:50 AM Nov 09 2012   UPDATED: 8:28 AM Dec 31 2012

Confused by all this talk of a "fiscal cliff" and what it means to you? As lawmakers in Washington try to beat tonight's deadline, here are some answers.

elderly, doctor
15 / 16
istock

Medicare Physician Reimbursement -- Medicare payment rates for physician services would drop by 27 percent.

Comments

The views expressed are not those of WCTI12.com, WCTI NewsChannel 12 or its affiliated companies. By posting your comments, you agree to accept our terms of use.