The Fiscal Cliff is a bill that was recently passed, it focused on a tax revenue. The Democrats were the majority of voters who wanted to pass this bill. They want the tax cuts from the Bush-era to expire on income above $250,000. This will increase the tax to the people who are the highest earners. This is why the majority of Republicans will disagree to pass the bill.
I have found this information by searching it through using the google search engine. I used the term "Fiscal Cliff definition" in order to understand the overall effect this bill has. I also searched "Democrat/Republican point of view of Fiscal Cliff". This helped me out to separated the opinions of the Democrats and Republicans about the bill.
The sources that I used to create this response:
http://www.dailykos.com/story/2013/01/07/1177107/-Democrats-happier-than-Republican-with-fiscal-cliff-deal#
http://www.investopedia.com/terms/f/fiscalcliff.asp#axzz2HcPiklAu
http://bonds.about.com/od/Issues-in-the-News/a/What-Is-The-Fiscal-Cliff.htm
