The Republican speaker of the House of Representatives, John Boehner, is to meet with President Barrack Obama at the White House Thursday, with the fiscal cliff deadline hanging ominously over the U.S. 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 […]
Obama, Boehner to Meet at White House on Fiscal Cliff
Obama, Boehner to Meet at White House
The Republican Speaker of the House of Representatives, John Boehner, will meet with President Barack Obama at the White house Thursday with the fiscal cliff deadline looming 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 cuts […]
Obama Presses His Case for ‘Fiscal Cliff’ Deal
U.S. President Barack Obama headed to the country’s industrial heartland Monday to press his case for increasing taxes on America’s wealthiest households as a way to help avert an end-of-year crisis over government financial policies. Mr. Obama, the Democrat newly elected to another four-year term, gave a campaign-style speech to auto workers in Michigan. The […]
Obama Pressing His Case for ‘Fiscal Cliff’ Deal
U.S. President Barack Obama is heading to the country’s industrial heartland to press his case for increasing taxes on America’s wealthiest households as a way help avert an end-of-year crisis over government financial policies. Mr. Obama, the Democrat newly elected to another four-year term, plans a campaign-style speech to auto workers in Michigan on Monday. […]
Obama Campaigns for Plan to Avoid Fiscal Cliff
U.S. President Barack Obama made a campaign-style trip Friday aimed at winning public support for his plan to avert a year-end crisis over government spending and tax policies. Mr. Obama, newly re-elected, told toy factory workers in Pennsylvania that he thinks he and congressional lawmakers can reach a compromise to avoid $600 billion in spending […]
Obama Campaigns for Plan to Avoid Fiscal Cliff
U.S. President Barack Obama is making a campaign-style trip Friday aimed at winning public support for his plan to avert a potential fiscal crisis. Mr. Obama’s visit to a toy factory in Pennsylvania is part of a series of public events to sell the nation on his strategy to avoid the $600 billion in spending […]
US Central Bank Chief Warns of ‘Fiscal Cliff’ Peril
The U.S. central bank chief is warning President Barack Obama and Congress that failure to reach a compromise on government spending and taxes by year’s end would pose a “substantial threat” to the country’s fragile economic recovery. Federal Reserve Chairman Ben Bernanke stepped up his warnings Tuesday that the White House and lawmakers risk sending […]
Obama, Congress Leaders Negotiate on ‘Fiscal Cliff’
U.S. President Barack Obama and four congressional leaders started negotiations Friday to try to resolve crucial government financial issues before the end of the year. The lawmakers described the White House talks as constructive. One of Mr. Obama’s political adversaries, John Boehner, the Republican leader in the House of Representatives, said he believes a compromise […]
Obama Meets with Congressional Leaders on US Fiscal Cliff
U.S. President Barack Obama and key congressional leaders are meeting Friday in their first face-to-face effort to resolve crucial government financial issues before the end of the year. As the talks started, Mr. Obama said he and the lawmakers would have to make “tough compromises” to keep the government from cascading over what Washington is […]
Obama Meeting with Congressional Leaders on US Fiscal Cliff
U.S. President Barack Obama and key congressional leaders are set to meet Friday in their first face-to-face effort to resolve crucial government financial issues before the end of the year. Mr. Obama summoned the lawmakers to the White House to start discussions on how the government can avoid cascading over what Washington is a calling […]