Fiscal Cliff: Full Coverage of State, Local Impact

The clock is ticking for Congress and President Barack Obama to make a deal to avoid the spending cuts and tax increases set to ring in the New Year.

Philadelphia Mayor Michael Nutter speaking to the media outside of the White House, after Vice President Joe Biden met with mayors from across the country to discuss the fiscal cliff. (Photo: AP/Jacquelyn Martin)

The clock is ticking for Congress and President Barack Obama to make a deal to keep the country from falling off the so-called "fiscal cliff," which refers to the spending cuts and tax increases set to ring in the New Year. The current plan is intended to reduce the federal deficit, but A-list economists predict that it would push the nation back into a recession. Practically no state or municipality would be immune from the impact of the fiscal cliff. Governing has been tracking the issue since late last year. Here is a roundup of our coverage.

The Children’s Health Insurance Program, Temporary Assistance for Needy Families, Supplementation Nutrition Assistance Program and even highway programs. The budget deal includes other good news for states and localities. Read about it here.

With all this in mind, mayors have made several attempts to urge Congress to strike a new deal. 130 mayors signed a letter calling sequestration "perhaps the biggest threat to our metro economies." Read about their biggest concerns.

This week, state legislators from across the country are convening in Washington to meet with federal lawmakers and try to make their case against the cuts. On Tuesday, the governors of Arkansas, Delaware, Minnesota, Oklahoma, Utah and Wisconsin are scheduled to discuss the issue with the president.