The automatic tax hikes and federal spending cuts known as the fiscal cliff will kick in starting next week, unless Congress can make a last-minute deal.
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Minnesota Rep. John Kline, a member of GOP leadership in Washington, says automatic federal budget cuts neither side wants have a "better than even" chance of kicking in.
With the clock counting down to midnight on New Year's Eve for a fiscal cliff deal, Minnesotans are bracing for what could be a recession-inducing wallop of tax increases and federal spending cuts.
Going off the cliff would affect 88 percent of U.S. taxpayers, with their taxes rising by an average of $3,500 a year, according to the Tax Policy Center.
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