Confused by all this talk of a "fiscal cliff" and what it means to you? As lawmakers in Washington try to beat tonight's deadline, here are some answers.
What is the "fiscal cliff?" -- The "fiscal cliff" refers to the expiration of a series of economic measures (tax relief, reauthorization of unemployment insurance and the Job Creation Act of 2010) that are set to end this year.
Enrique Castro-Mendivil / Reuters
St. Louis nearly burns to the ground, the first Kentucky Derby is held, the Supreme Court strikes down segregated schools, the Senate Watergate Committee begins televised hearings, and same-sex marriages begin in Massachusetts, all on this day.