The House of Representatives needed overtime – but late Tuesday night, they agreed with the Senate and passed legislation to avert half of the so-called “fiscal cliff.” And despite President Obama and some Democrats declaring victory after Republicans were forced to sign on to a small tax increase for the wealthiest Americans, this fiscal cliff deal is actually a dream come true for billionaires and banksters.

Secretary of Treasury Tim Geithner announced on Wednesday that in addition to the fiscal cliff deadline at the end of the year, the United States will also hit its borrowing limit on December 31st, meaning the debt-limit will have to be raised a lot sooner than previously believed.

All eyes are on Speaker of the House John Boehner to see if he has control of his Republican Party. Today, Boehner will try to bring his "Plan B" to the floor for a vote – a proposal that will extend the Bush tax cuts for all Americans who earn less than a million dollars a year, while allowing the tax cuts for millionaires to expire at the end of the year.

Following the Sandy Hook massacre of twenty first graders with an assault rifle, but the gun lobby is now threatening violent revolution. Appearing on MSNBC on Monday, the executive director of Gun Owners of America, Larry Pratt, argued that the right to bear arms is necessary to make our democratic government cower in fear of gun owners.