The White House says U.S. President Barack Obama would veto the Republican “Plan B” tax proposal that is designed to avert the “fiscal cliff,” saying the plan places too large a burden on the middle class without balancing spending cuts and tax increases. White House communications director Dan Pfeiffer says the Republican plan does not […]
White House Threatens to Veto Republican Budget Plan
Posted December 19th, 2012 at 11:50 am (UTC-5)
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US Leaders Edging Closer on ‘Fiscal Cliff’ Compromise
Posted December 18th, 2012 at 3:05 pm (UTC-5)
U.S. leaders are edging closer to a compromise on contentious end-of-year mandates for sharp spending cuts in key government programs and tax increases for almost all American workers. Significant hurdles remain to a deal, but the outlines of an agreement seemed to be emerging Tuesday, even as President Barack Obama and his Republican opponents in […]
US Leaders Edging Closer on ‘Fiscal Cliff’ Compromise
Posted December 18th, 2012 at 12:00 pm (UTC-5)
U.S. leaders are edging closer to a compromise on contentious end-of-year mandates for sharp spending cuts in key government programs and tax increases for almost all American workers. Significant hurdles remain to a deal, but the outlines of an agreement seemed to be emerging Tuesday, even as U.S. President Barack Obama and his Republican opponents […]
US Leaders Edging Closer on ‘Fiscal Cliff’ Compromise
Posted December 18th, 2012 at 11:05 am (UTC-5)
U.S. leaders are edging closer to a compromise on contentious end-of-year mandates for sharp spending cuts in key government programs and tax increases for almost all American workers. Significant hurdles remain to a deal, but the outlines of an agreement seemed to be emerging Tuesday, even as U.S. President Barack Obama and his Republican opponents […]
US Leaders Edging Closer on ‘Fiscal Cliff’ Compromise
Posted December 18th, 2012 at 10:25 am (UTC-5)
U.S. leaders are edging closer to a compromise on contentious end-of-year mandates for sharp spending cuts in key government programs and tax increases for almost all American workers. Significant hurdles remain to a deal, but the outlines of an agreement seemed to be emerging Tuesday, even as U.S. President Barack Obama and his Republican opponents […]
US ‘Fiscal Cliff’ Talks Moving Toward Compromise
Posted December 17th, 2012 at 2:10 pm (UTC-5)
U.S. President Barack Obama and his political opponents in Congress are moving a bit closer to reaching a compromise over contentious year-end financial issues. No deal appears imminent, but officials say the leader of the Republican-controlled House of Representatives, Speaker John Boehner, met again with the president at the White House. For the first time […]
US ‘Fiscal Cliff’ Talks Moving Toward Compromise
Posted December 17th, 2012 at 10:20 am (UTC-5)
U.S. President Barack Obama and his political opponents in Congress are moving a bit closer to reaching a compromise over contentious year-end financial issues. No deal appeared imminent Monday. But officials say the leader of the Republican-controlled House of Representatives, Speaker John Boehner, has for the first time offered to let taxes increase for wealthy […]
No Progress in Obama, Boehner Meeting on Fiscal Cliff
Posted December 13th, 2012 at 7:25 pm (UTC-5)
The Republican speaker of the House of Representatives, John Boehner, has met again with President Barack Obama at the White House to talk about the looming fiscal cliff, but no progress was reported. The two spoke for about one hour. Officials from both sides called the talks “frank,” but gave no details. All sides must […]
No Progress in Obama, Boehner Meeting on Fiscal Cliff
Posted December 13th, 2012 at 6:55 pm (UTC-5)
The Republican speaker of the House of Representatives, John Boehner, has met again with President Barack Obama at the White House to talk about the looming fiscal cliff, but no progress was reported. The two spoke for about one hour. All sides must agree on a package of budget cuts and tax increases by December […]
Obama, Boehner Meet at White House on Fiscal Cliff
Posted December 13th, 2012 at 5:20 pm (UTC-5)
The Republican Speaker of the House of Representatives, John Boehner, is meeting with President Barack Obama at the White House Thursday with the fiscal cliff deadline hanging ominously over the economy. Both the White House and the Republican-led Congress have rejected each other’s offers and counteroffers. All sides must agree on a package of budget […]
