Spirit of St. Louis – Pick Your Charity, Pick Your Car

Your Own Fiscal Cliff

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(KTVI) - If our elected leaders don't fix this fiscal cliff thing, on January 1, your taxes will increase, but by how much?  In addition to that, our leaders haven't told you we also stand to lose two percent of our take-home pay.

Dennis Johnson of Clearpoint Credit Counseling talks about the worst-case scenario after the first of the year.