Business & Economy

Fiscal Cliff Fallout Could Reach Public Schools

Lawmakers in Washington have just two weeks to avoid some $600 billion in tax hikes and federal budget cuts. And as the stalemate between President Obama and House Speaker John Boehner drags on, residents here are bracing for the fiscal cliff fallout that could start to reach us in January. KDNK's Ed Williams reports on what federal budget cuts could mean for local schools.