President Obama signed an 11th-hour deal averting a devastating debt default. But it’s a short-term deal that may result in another funding battle on January 15 and debt limit deadline February 7. What is the real economic impact of the shutdown? And what effects will it have on markets? We have analysis.

Now, What's Next?

In its final hours last night, the 112th Congress passed a carefully orchestrated fiscal cliff deal despite staunch House Republican opposition. We discuss the deeper meaning behind the deal, and the way it came together, with a panel of economists.