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Obama Fiscal Cliff

Bickering Trumps Bargaining In Key Deliberations

Posted 11.29.2012 | Politics

By DAVID ESPO, ASSOCIATED PRESS WASHINGTON -- For the first time since the Nov. 6 election, partisan bickering trumped bargaining Thursday as Democ...

Three Things We Need From the Fiscal Cliff Discussions

Arne M. Sorenson | Posted 11.29.2012 | Business
Arne M. Sorenson

If there's one lesson business can teach government at this critical juncture in our federal budget and tax negotiations, it's the art of the deal. As a result of globally embarrassing negotiations from 2011, we are now facing a fiscal cliff of great significance.

Bungee-Jumping Over the Fiscal Cliff

Robert Reich | Posted 01.29.2013 | Business
Robert Reich

So rather than stoking middle-class fears about the cliff, the White House ought to be doing the opposite -- reassuring most Americans they can survive the fall.

If Fighting for the Majority Is 'Radical,' Call Me Radical

Richard (RJ) Eskow | Posted 01.29.2013 | Politics
Richard (RJ) Eskow

In the hallucinogenic haze that is today's far right, apparently it's "radical" to promote ideas and policies supported by most American voters -- including, in many cases, most Republicans.

The Fiscal Cliff: Jeopardizing the Foundation and Momentum Behind Latino Educational Achievement

Jason Resendez | Posted 01.29.2013 | Impact
Jason Resendez

We have started to see a positive shift in Latino educational success in this country and as we approach the "fiscal cliff," we must call on those we helped to elect to protect the programs responsible for this turnaround.

Think Again: Tax Cuts: The Faith and the Facts

Eric Alterman | Posted 01.29.2013 | Media
Eric Alterman

If there's one thing that unites conservative politicians, it's the economic value to all of society of tax cuts that disproportionately benefit the wealthy, such as those passed in 2001 and 2003 under President George W. Bush.

Obama Hopes For Deal By Christmas

Reuters | Posted 01.28.2013 | Politics

* Obama steps up public relations campaign for tax compromise * Says deal on taxes would set stage for deficit reduction ...

Fiscal Cliff: No Need To Panic

The Huffington Post | Mark Gongloff | Posted 11.28.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Are 'Fiscal Cliff' Talks Ignoring a Major Source of Tax Dollars?

Jerry Lanson | Posted 01.27.2013 | Politics
Jerry Lanson

The president won this year's election, and he won it by several million votes. If he has to lead us over that this much-hyped cliff to demonstrate to Americans just how greedy the wealthy and corporate backers of the Republican Party are, then so be it.

Sabrina Siddiqui

Senate Democrats Open To Medicare Reform As Part Of Fiscal Cliff Talks | Sabrina Siddiqui | Posted 11.27.2012 | Politics

WASHINGTON -- Unfazed by campaign-season accusations of raiding Medicare, Democrats on the Hill said they are willing to consider reforming the entitl...

Revealed: New Details On Obama's Fiscal Cliff Meeting Tomorrow

The Huffington Post | Nate Hindman and Jillian Berman | Posted 11.28.2012 | Business

Macy's CEO Terry Lundgren and Doug Oberhelman, CEO of Caterpillar will be among the top executives meeting with President Barack Obama on Wednesday as...

Cliff Notes

C.A. Rotwang | Posted 01.27.2013 | Politics
C.A. Rotwang

That's a progressive budget view. Support for the president's pragmatic, debatable negotiating tactics should not ratify fundamentally illiberal principles. There was a great candidate who talked a progressive game in 2008... oh wait.

Obama To Appeal To Public On Fiscal Cliff

AP | KEN THOMAS | Posted 01.27.2013 | Politics

WASHINGTON — President Barack Obama plans to make a public case this week for his strategy for dealing with the looming fiscal cliff, traveling ...

Republicans Are the Real Idealists -- And Not in a Good Way

Silpa Kovvali | Posted 01.26.2013 | Politics
Silpa Kovvali

The conservative worldview holds that, with its welfare checks and free lunches, the most pressing challenge our nation faces is that poverty here is just too awesome. The outlook isn't just idealistic: it's willfully, blindly naïve.

Under-Taxed Americans Face the Fiscal Cliff

Steven Cohen | Posted 01.26.2013 | Politics
Steven Cohen

What I find troubling about the discussion of fiscal cliffs, tax policy and "entitlements" is that it is divorced from its underlying impact on our community and values.

The Fiscal Myth

Robert Kuttner | Posted 01.25.2013 | Politics
Robert Kuttner

As President Obama gets closer to making his deal with the Republicans on the budget, the most important thing to keep in mind is that the fiscal cliff is an artificially contrived trap. Were it not for the two Bush wars and the two Bush tax cuts and the House Republican games of brinksmanship with the routine extension of the debt ceiling, there would be no "fiscal cliff." Rather, there would be a normal, relatively short-term increase in the deficit resulting from a deep recession and the drop in government revenues that it produces. When the economy recovered, the deficit would return to sustainable levels. In the meantime, these deficits are necessary and useful to maintain public spending as a tonic to the economy.

Fiscal Cliff Raises Questions On Reality Of Debt Deal

AP | ALAN FRAM | Posted 11.24.2012 | Politics

WASHINGTON -- President Barack Obama and leaders of the lame-duck Congress may be just weeks away from shaking hands on a deal to avert the dreaded "f...

Unfunded Bundles of Joy

Richard C. Leone | Posted 01.22.2013 | Politics
Richard C. Leone

As the debate about the deficit heats up, we are sure to be inundated with references to the many "unfunded liabilities" lurking about, ready to destroy our hope for future prosperity and happiness.

Sam Stein

White House Says Obamacare Not On The Table In Fiscal Cliff Negotiations | Sam Stein | Posted 11.21.2012 | Politics

The White House and congressional Democrats are balking at the idea, floated by House Speaker John Boehner on Wednesday, that changes to the president...

Sam Stein

Obama Plots Outside Game To Pressure Republicans On Fiscal Cliff | Sam Stein | Posted 11.20.2012 | Politics

WASHINGTON -- President Barack Obama is preparing to expand the fiscal cliff fight beyond the confines of Washington, travelling the country and leani...

Businesses Threaten Early Recession Over Fiscal Cliff

The Huffington Post | Mark Gongloff | Posted 11.19.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Obama To Buffett: Please Help With The Fiscal Cliff

Reuters | Posted 01.18.2013 | Business

(Deletes paragraph four to remove reference to Jelinek speaking at Democratic convention) By Mark Felsenthal WASHINGTON...

Obama On Fiscal Cliff: 'We're Going To Need A Lot Of Prayer For That'

The Huffington Post | Chris Gentilviso | Posted 11.19.2012 | Politics

While touring a monastery in Thailand on Sunday, President Barack Obama fused together prayer and the fiscal cliff. Obama was with Secretary of St...

No Need To Panic, Fiscal Cliff Really Just 'A Minor Risk'

Reuters | Posted 01.18.2013 | Business

By Edward Krudy NEW YORK, Nov 18 (Reuters) - The "fiscal cliff" sounds like a scary place. Headlines about "taxmaggeddon" are flashing...

Obama Calls Looming Problem 'Urgent Business'

AP | DAVID ESPO | Posted 01.16.2013 | Politics

WASHINGTON — Congressional leaders from both parties voiced fresh optimism Friday after meeting with newly re-elected President Barack Obama abo...