Locals worry about the fiscal cliff fall
Locals worry about the fiscal cliff fall Video by ktnv.comvideo
Las Vegas, NV (KTNV) -- Nevadans could pay a high price if lawmakers don't step away from the fiscal cliff by New Year's Day.
The ripple effect includes higher taxes on the middle class; the end of tax breaks for homeowners facing foreclosure; and the end of federally-funded unemployment benefits.
Manny Sandoval is worried. He says social programs that are important to his family will take a hit.
He warns, "A lot of people are not gonna receive their social security checks. My mother receives a social security pension. She's not going to receive it on the third. She doesn't know yet, and it's gonna be a deadlock for weeks to come."
President Obama and Congressional lawmakers could delay the fiscal cliff fall past New Year's Day if they continue negotiations.