The focus in Washington, D.C. is now on the so-called "fiscal cliff," which describes the automatic budget cuts and tax hikes that are scheduled to go into effect at the end of the year if Congress and the president don't come to an agreement to reduce the deficit. Senator Charles Schumer (D-NY) is among those saying that the election was a mandate for compromise.
WRVO News interviews candidates in the region who are running in contended races on November 6. Republican incumbent Congressman Richard Hanna is running against Democrat Dan Lamb in the re-drawn 22nd Congressional district
Profits on Wall Street are going to be up this year, according to a new report from the New York state comptroller, but are still below their pre-recession highs. The report also finds fewer job losses in the securities industry, and many economic uncertainties ahead.