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Millennials say they need $847,000 to feel ‘comfortable’ financially.
Here’s how much Gen Z, Gen X and boomers want.
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Here’s how much you need to have saved, according to your age, to achieve
financial comfort.
19 minutes ago
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1:15PM EST November 7. 2012 - All that time, all that money, all that campaigning — and the status quo reigns in Washington.
Democratic president ...
Republican House ...
Democratic Senate.
President Obama and Republican leaders made the right comments about working together as Tuesday's election results rolled in, but divisions remain as they try to address such difficult issues as reducing the federal debt, heading off potential budget cuts, and other matters related to the so-called fiscal cliff.
They're dealing with the same differences, and basically the same congressional makeup, as they did in the 2011-2102 run-up to Tuesday's elections.
One prominent issue: Obama campaigned on a pledge to raise taxes on the wealthy, specifically by repealing the George W. Bush-era tax cuts for Americans making more than $250,000 a year.
Republicans said they will oppose any tax increases, arguing that will further slow a struggling economy.
In his acceptance speech, Obama said he and political opponents "will disagree, sometimes fiercely," but he pledged to work with Republicans.
"By itself, the recognition that we have common hopes and dreams won't end all the gridlock or solve all our problems or substitute for the painstaking work of building consensus and making the difficult compromises needed to move this country forward," Obama said. "But that common bond is where we must begin."
Senate Minority Leader Mitch McConnell, R-Ky., said he hopes Obama proposes "solutions that actually have a chance of passing the Republican-controlled House of Representatives and a closely divided Senate, step up to the plate on the challenges of the moment and deliver in a way that he did not in his first four years in office."
Let the new old games begin.
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