In a few weeks, tax laws U.S. taxpayers have enjoyed for more than a decade are scheduled to expire. Along with long-standing and historically low tax rates, several popular tax credits and deductions already have or will soon expire.
That scenario is being described as a fiscal cliff. And if American taxpayers are nudged over that cliff by Congressional inaction, most of them will face dramatically higher tax bills....

Coast Guard searches for 2 missing workers in Gulf after oil platform fire; 4 badly burned
The "GMA" anchors got to ride with some of NASCAR's best at Charlotte Motor Speedway.
What’s the matter? This picture of President Obama and Olympic gymnast McKayla Maroney was taken on Thursday during a visit of the U.S. women’s Olympic team to the White House. Maroney tweeted: “Did I just do the Not Impressed face with the President..?” Maroney turned...
Rachel Smith explains what has people buzzing on the "GMA" Pop News Heat Index.
Doctors struggle to find a cure for the man's non-stop hiccups.
Millions around the world are focusing their attention on the U.S. this week. No, it has nothing to do with the recent presidential election. What's got millions around the globe glued to their seats is the inaugural U.S. Grand Prix in Austin, Texas.
After superstorm Sandy, New York officials look for long-term solutions against future floods from storm surges. Many options, little consensus.
This week states looking secede from the United States drew attention to the White House’s “We the People” website, where users can create petitions to reflect their interests and — if they have enough popularity — provoke a response from the Obama administration. By Friday,...
Book a trip now, because these are the world's next tourist hot spots.
The March of Dimes has once again given the United States an unenviable "C" rating with regard to preterm birth rates.
Just over a week since the two-time Republican presidential hopeful failed to deny President Obama a second term, instead of offering up condolences for a candidate who garnered 48 percent of the popular vote, GOP leaders seem to be keeping Romney at arm's length.
You're accustomed to airline food being bland, tepid or otherwise unappetizing. You're probably not accustomed to that food having been prepared or stored in areas crawling with mice, ants and roaches. But that's what the Food and Drug Administration (FDA) saw when it inspected airlines and their outside caterers. Watch the full story on "20/20: The Real Dish" TONIGHT at 10 ET
Israel's Iron Dome missile defense system comes with a steep price. Each interceptor missile, which includes a radar guidance system, costs $40,000. Israel has not disclosed how many missiles are required to take down an enemy rocket or how many interceptors it has fired, but experts estimate the country has spent more than $8 million in three days on the missiles alone. 