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Lame-duck Congress: What are the issues?

Published On: Nov 15 2012 07:17:04 AM PST   Updated On: Nov 15 2012 07:16:54 AM PST

The lame-duck Congress faces a long list of problems to solve by the end of the year.

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Even with the temporary delay, Congress needs to act to ensure that U.S. airlines are not liable in the future for the EU-imposed tax. The Air Line Pilots Association has said the cap-and-trade program could cost U.S. carriers $3.1 billion over 10 years.

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