As this tax musing says, the President and Congress met last Friday to try and bridge the Fiscal Cliff and according to everyone the meeting went well, which could just mean that nobody was tarred and feathered. See this article in Accounting Today by Michael Cohn for more details:
http://www.accountingtoday.com/news/Obama-Congressional-Leaders-Hold-Constructive-Fiscal-Cliff-Talks-64693-1.html?ET=webcpa:e6334:204199a:&st=email
They are talking about a Christmas deadline and not allowing things to wait until the last minute – Really?!
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