Fiscal Cliff
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In 'fiscal cliff' bill, White House was key to corporate tax breaks
As the US Congress rushed last week to approve a "fiscal cliff" tax bill that raised income taxes on the wealthy, Washington lobbyists were fretting over a drama that was playing out within the negotiations: whether the bill would include about $64 billion in tax breaks for businesses.
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United States avoids calamity in 'fiscal cliff' drama
The United States averted economic calamity on Tuesday when lawmakers approved a deal to prevent huge tax hikes and spending cuts that would have pushed the world's largest economy off a "fiscal cliff" and into recession.
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Barack Obama returns to Hawaii for vacation after fiscal cliff vote
With the fiscal cliff deal done, US President Obama on Wednesday returned to Hawaii to resume his traditional end-of-the-year vacation with his family.
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Barack Obama to make fiscal cliff statement
US President Barack Obama was set to make a televised statement within minutes on Tuesday, after Congress finally passed a bill to avert a "fiscal cliff" budget crisis.
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US 'fiscal cliff' crisis heads to resolution in Congress
A months-long battle over the US "fiscal cliff" headed to a close on Tuesday as the House of Representatives moved toward final approval of a bipartisan deal meant to prevent Washington from pushing the world's biggest economy into recession.
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Bill to avert fiscal cliff heads to House
Squarely in the spotlight, House Republicans planned a closed-door meeting on Tuesday to decide their next move after the Senate overwhelmingly approved compromise legislation negating a fiscal cliff of across-the-board tax increases and sweeping spending cuts to the Pentagon and other government agencies.
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Senate to vote on 'fiscal cliff' deal as deadline approaches
The White House and Senate leaders struck a bipartisan deal on Monday to try to avoid a "fiscal cliff" budget crisis, although the agreement was likely to face stiff challenges in the House of Representatives.
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Progress seen in last-minute 'fiscal cliff' talks
Working against a midnight deadline, negotiators for the White House and congressional Republicans narrowed their differences on Monday on legislation to avert across-the-board tax increases.
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Washington pushes United States to edge of 'fiscal cliff'
US lawmakers pushed the country to the edge of the "fiscal cliff" on Sunday as they struggled to reach a last-minute deal that could protect the world's largest economy from a politically induced recession.
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With hours remaining, hopes rise for stopgap US fiscal deal
Hopes rose on Sunday that U.S. lawmakers could reach at least a limited deal to prevent the still-recovering economy from tumbling off a "fiscal cliff" at the New Year, sending the country into another recession.
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Fiscal Cliff stalemate continues, Barack Obama invites congressional leaders to talk
A deadline looming, President Barack Obama will meet with congressional leaders at the White House on Friday in search of a compromise to avoid a year-end "fiscal cliff" of across-the-board tax increases and deep spending cuts.
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Barack Obama returns as fiscal cliff battle heats up
US President Barack Obama rushed back to Washington on Thursday in a last-ditch effort to avoid the so-called "fiscal cliff," even as key figures in any deal -- House Republicans -- stayed home.
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Washington stirs for 'fiscal cliff' talks as Barack Obama heads home
Efforts to prevent the US economy from going over a "fiscal cliff" stirred back to life on Wednesday with less than a week to go before potentially disastrous tax hikes and spending cuts kick in at the New Year.
-
White House dismisses Republican 'fiscal cliff' proposal
The White House dismissed a "fiscal cliff" proposal from congressional Republicans on Monday that included tax reforms and spending cuts, saying it did not meet President Barack Obama's pledge to raise taxes on the wealthiest Americans.
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In 'fiscal cliff' bill, White House was key to corporate tax breaks
As the US Congress rushed last week to approve a "fiscal cliff" tax bill that raised income taxes on the wealthy, Washington lobbyists were fretting over a drama that was playing out within the negotiations: whether the bill would include about $64 billion in tax breaks for businesses.
-
United States avoids calamity in 'fiscal cliff' drama
The United States averted economic calamity on Tuesday when lawmakers approved a deal to prevent huge tax hikes and spending cuts that would have pushed the world's largest economy off a "fiscal cliff" and into recession.
-
Barack Obama returns to Hawaii for vacation after fiscal cliff vote
With the fiscal cliff deal done, US President Obama on Wednesday returned to Hawaii to resume his traditional end-of-the-year vacation with his family.
-
Barack Obama to make fiscal cliff statement
US President Barack Obama was set to make a televised statement within minutes on Tuesday, after Congress finally passed a bill to avert a "fiscal cliff" budget crisis.
-
US 'fiscal cliff' crisis heads to resolution in Congress
A months-long battle over the US "fiscal cliff" headed to a close on Tuesday as the House of Representatives moved toward final approval of a bipartisan deal meant to prevent Washington from pushing the world's biggest economy into recession.
-
Bill to avert fiscal cliff heads to House
Squarely in the spotlight, House Republicans planned a closed-door meeting on Tuesday to decide their next move after the Senate overwhelmingly approved compromise legislation negating a fiscal cliff of across-the-board tax increases and sweeping spending cuts to the Pentagon and other government agencies.
-
Senate to vote on 'fiscal cliff' deal as deadline approaches
The White House and Senate leaders struck a bipartisan deal on Monday to try to avoid a "fiscal cliff" budget crisis, although the agreement was likely to face stiff challenges in the House of Representatives.
-
Progress seen in last-minute 'fiscal cliff' talks
Working against a midnight deadline, negotiators for the White House and congressional Republicans narrowed their differences on Monday on legislation to avert across-the-board tax increases.
-
Washington pushes United States to edge of 'fiscal cliff'
US lawmakers pushed the country to the edge of the "fiscal cliff" on Sunday as they struggled to reach a last-minute deal that could protect the world's largest economy from a politically induced recession.
-
With hours remaining, hopes rise for stopgap US fiscal deal
Hopes rose on Sunday that U.S. lawmakers could reach at least a limited deal to prevent the still-recovering economy from tumbling off a "fiscal cliff" at the New Year, sending the country into another recession.
-
Fiscal Cliff stalemate continues, Barack Obama invites congressional leaders to talk
A deadline looming, President Barack Obama will meet with congressional leaders at the White House on Friday in search of a compromise to avoid a year-end "fiscal cliff" of across-the-board tax increases and deep spending cuts.
-
Barack Obama returns as fiscal cliff battle heats up
US President Barack Obama rushed back to Washington on Thursday in a last-ditch effort to avoid the so-called "fiscal cliff," even as key figures in any deal -- House Republicans -- stayed home.
-
Washington stirs for 'fiscal cliff' talks as Barack Obama heads home
Efforts to prevent the US economy from going over a "fiscal cliff" stirred back to life on Wednesday with less than a week to go before potentially disastrous tax hikes and spending cuts kick in at the New Year.
-
White House dismisses Republican 'fiscal cliff' proposal
The White House dismissed a "fiscal cliff" proposal from congressional Republicans on Monday that included tax reforms and spending cuts, saying it did not meet President Barack Obama's pledge to raise taxes on the wealthiest Americans.
