iOS app Android app

Fiscal Cliff Negotiations

Roberts Makes Appeal To Obama, Congress On Cuts

AP | PETE YOST | Posted 12.31.2012 | Politics

WASHINGTON -- Urging full financial support for the U.S. court system, Chief Justice John Roberts said in his year-end report Monday that the federal ...

Averting the Fiscal Cliff: Retired Postal Worker Shames One Percent

Janet Mason | Posted 03.02.2013 | Politics
Janet Mason

The U.S. Treasury Department has been taking contributions toward the national debt since 1961. The largest single donation, made in 1992, was $3.5 million. Most contributions have been under $100 dollars.

Lousy Deal on the Edge of the Cliff

Robert Reich | Posted 03.02.2013 | Politics
Robert Reich

The deal emerging from the Senate is a lousy one. Let me count the ways.

Why I Am (Not) Surprised

Mickey Costa | Posted 03.02.2013 | Politics
Mickey Costa

I don't know who to blame more, Obama or the American people. I mean, Congress is clearly solely to blame, but that is nothing new -- no secret there.

Sabrina Siddiqui

Obama Fiscal Cliff Remarks Spark Republican Threats To Blow Up Deal | Sabrina Siddiqui | Posted 12.31.2012 | Politics

WASHINGTON -- With hours remaining to avert the so-called fiscal cliff, President Barack Obama said a deal is “within sight” and urged lawmakers t...

Mitch McConnell: Fiscal Cliff Deal Is Close

AP | Posted 12.31.2012 | Politics

WASHINGTON -- Senate Minority Leader Mitch McConnell says he and the White House have agreed on preventing tax hikes that the "fiscal cliff" will trig...

Your Salary Is About To Shrink

The Huffington Post | Catherine New | Posted 12.31.2012 | Business

At the stroke of midnight, your effective salary will shrink. Starting Tuesday when the payroll tax break expires, around 160 million American work...

Obama Making Fiscal Cliff Statement

Posted 12.31.2012 | Politics

President Barack Obama is giving a speech on the so-called fiscal cliff Monday at 1:30 p.m. with middle-class Americans, the White House announced. ...

Congress Pushing College Students Over Fiscal Cliff

Sheila Simon | Posted 12.31.2012 | College
Sheila Simon

What exactly is at risk in the higher education fiscal cliff come fall of 2013? According to the National Association of State Student Grant and Aid Programs, that $5,000 tab is generated from several devastating reductions, including:

Elise Foley

Liberal Democrat On Fiscal Cliff Talks: 'This Looks Like A Very Bad Deal' | Elise Foley | Posted 12.31.2012 | Politics

WASHINGTON -- Sen. Tom Harkin (D-Iowa), one of the leading liberal voices in the Senate, went after his fellow Democrats on Monday for possibly cavin...

LIVE UPDATES: Fiscal Cliff Negotiations Continue

Posted 12.31.2012 | Politics

Fiscal cliff negotiations continue on Capitol Hill as congressional leaders attempt to reach a deal ahead of January 1, when tax hikes and across-the-...

Former GOP Sen. Opposes Debt Ceiling Tactic

The Huffington Post | Luke Johnson | Posted 12.31.2012 | Politics

Former Sen. Judd Gregg (R-N.H.) said Monday that the debt ceiling should not be used as leverage by Republicans in discussions on the so-called fiscal...

'Dysfunction' Poses Big Threat

Bloomberg | Posted 12.31.2012 | Politics

U.S. lawmakers hurtled toward a midnight deadline to avert hundreds of billions of dollars in tax increases and spending cuts, struggling to extract t...

GOP Really Does Deserve Blame for Fiscal Cliff Peril

Earl Ofari Hutchinson | Posted 03.02.2013 | Politics
Earl Ofari Hutchinson

The concessions that the White House will ring out of the GOP won't alter the party's game plan to use the fiscal cliff and all other vital issues that will come down the legislative pike to reassert its traditional role as the guardian for the corporate rich and to defiantly oppose Obama administration policies.

Cramming With Cliff Notes: Something to Watch Out For

Jared Bernstein | Posted 03.02.2013 | Politics
Jared Bernstein

It ain't over til we're over but awfully hard to see a path that resolves the cliff before the deadline. As I noted earlier, this isn't necessary a bad thing -- compared to what we've been hearing come out of the frenzied last-minute negotiations, there's likely a better deal on the other side of the cliff.

Only One Good Way to Brake Before Going Over the Debt Cliff: Reduce Wasteful War Spending!

Coleen Rowley | Posted 03.02.2013 | Politics
Coleen Rowley

Guns or butter is of course the real issue. It's unfortunate, all these decades after Eisenhower's warning about the pernicious, corrupting influence of the Military Industrial Complex, that we cannot count on those in Washington to heed the dangers.

Biden, McConnell Try To Hammer Things Out

Posted 12.31.2012 | Politics

By ALAN FRAM AND ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON — The White House and Senate Republicans sorted through stubborn disputes over ta...

New Year, New Low for Republicans

Robert Kuttner | Posted 03.01.2013 | Politics
Robert Kuttner

Obama wanted to be the president who would change the tone in Washington, meaning a more collaborative relationship with the Republicans. That was not to be. The Republicans would not allow it.

Michael McAuliff

GOP Gives In On Social Security Cuts | Michael McAuliff | Posted 12.31.2012 | Politics

WASHINGTON -- Tense "fiscal cliff" negotiations on Capitol Hill Sunday inched forward slightly as Republican senators agreed to take Social Security c...


David Trumble | Posted 03.01.2013 | Politics
David Trumble


Michael McAuliff

Congress Is Still Stuck At Edge Of Fiscal Cliff | Michael McAuliff | Posted 12.31.2012 | Politics

WASHINGTON -- With less than a day and a half before the nation hits the so-called fiscal cliff, Senate leaders declared Sunday afternoon they had mad...

Boehner Slams Obama's 'Ironic' GOP Criticism

Posted 12.30.2012 | Politics

House Speaker John Boehner (R-Ohio) rebuked President Obama's remarks on Republicans' role in fiscal cliff negotiations, slamming the president for hi...

Ariel Edwards-Levy

GOP Senator Finds Upside To Falling Off Fiscal Cliff | Ariel Edwards-Levy | Posted 12.30.2012 | Politics

WASHINGTON -- Speaking Sunday on CBS's "Face the Nation," Sen. Tom Coburn (R-Okla.) sounded resigned to the possibility that the country might fall of...

Fiscal Cliff Deal Will Pale Against Expectations If Reached

AP | Posted 12.30.2012 | Politics

BY JIM KUHNHENN, ASSOCIATED PRESS WASHINGTON — Whether negotiated in a rush before the new year or left for early January, the fiscal deal Presid...

David Brooks Pins Cliff Failure On Republican 'Brain Freeze'

The Huffington Post | Mollie Reilly & Ryan Grim | Posted 12.31.2012 | Politics

New York Times columnist David Brooks said Sunday that Republicans should shoulder most of the blame if lawmakers do not reach an agreement on the fis...