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Mortgage deductions, 401k savings plans and other financial tools that help consumers save money  cost the federal government billions of dollars of potential revenue.

With the Jan. 1 "fiscal cliff" looming and the government eager to find ways to boost revenue collection, might popular tax deductions be in danger?

In other words, can we afford to keep our favorite deductions?

, an assistant professor of public policy at Harvard's Kennedy School of Government, will join The Daily Circuit on Tuesday, Dec. 4. Also joining the program will be 

The Fiscal Cliff: Absolutely everything you could possibly need to know

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Mortgage deductions, 401k savings plans and other financial tools that help consumers save money  cost the federal government billions of dollars of potential revenue. Might popular tax deductions be in danger with the looming Jan. 1 fiscal cliff?

Will the fiscal cliff mean an end to your favorite tax deductions?

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