At midnight, not only did the ball drop in Times Square, ushering in a New Year, but Congress dropped the ball on delivering the country meaningful deficit reduction.
WASHINGTON (AP) — Past its own New Year’s deadline, a weary Congress sent President Barack Obama legislation to avoid a national “fiscal cliff” of middle class tax increases and spending cuts late Tuesday night in the […]
WASHINGTON (AP) — Senate Minority Leader Mitch McConnell says he and the White House have agreed on preventing tax hikes that the “fiscal cliff” will trigger after midnight. And he says they are very close […]
If Congress manages to pass a feeble, last minute, deal on taxes it will be a deal that is long overdue. All of this could have been avoided.
WASHINGTON (AP/CBS Charlotte) — Senate leaders met in Washington yesterday, in an effort to come to an agreement over the fiscal cliff. The fiscal cliff stems from the expiration of the Bush administration’s 2001 and […]
More than a month after the election, things continue to get worse for the GOP brand. The lead Republican spokesperson during the fiscal cliff negotiations, House Speaker John Boehner, has a 34 percent approval rating. President Obama has a 54 percent approval rating.
The president would do much better by staying in Washington, D.C. where the action is rather than taking a road tour-styled trip to talk to the American people. In D.C., he actually would be talking to the people who are going to make the decision with him.
Republicans built a trap for themselves, having for years passed bills with highly unpopular cuts and little public notice. Now Republicans will take the blame if we go over the fiscal cliff.
With one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.