fiscal cliff

Grover Norquist

Opinion: Enjoy The Last Day Of The Fiscal Cliff

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.


Venise Sinvil gathers with other protesters who are hoping that the government will not cut Medicare/social security benefits and will agree to raise taxes on the top 2% of earners in the country. (Photo by Joe Raedle/Getty Images)

Budget Struggle Raising Anxiety For Health Care

Confused about the federal budget struggle? So are doctors, hospital administrators and other medical professionals who serve the 100 million Americans covered by Medicare and Medicaid.


President Barack Obama speaks during a holiday reception for the diplomatic corps on Dec. 19, 2012 at the State Department in Washington, D.C. (credit: MANDEL NGAN/AFP/Getty Images)

Obama ‘Modestly Optimistic’ About ‘Cliff’ Deal

After a late-hour meeting with top congressional leaders on the “fiscal cliff” seems to have led to progress, President Obama said he is “modestly optimistic” that a deal can be reached before Tuesday’s so-called “fiscal cliff” deadline.


File photo of Chase bank. (credit: Getty Images)

Fewer US Banks Failing As Industry Strengthens

U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They’re helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.


At a Democratic leaders press conference on Thursday, Sen. Chuck Schumer, D-N.Y., said that House Republicans are too “afraid of the Tea Party” to pass immigration reform, adding that the reality is that the Tea Party’s power has already “peaked.”  (credit: Mark Wilson/Getty Images)

Schumer: ‘Odds Are Better Than People Think’ Fiscal Cliff Deal Gets Done

A Senate Democrat says he believes “odds are better than people think” that a deal can be reached to avoid automatic tax increases and spending cuts next week.


Senate Minority Leader Mitch McConnell, R-Ky., walks toward his office after speaking on the Senate Floor on Capitol Hill on Dec. 27, 2012 in Washington, D.C. (credit: Drew Angerer/Getty Images)

McConnell: ‘The Phone Never Rang’ To Get Fiscal Cliff Deal Done

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.


Senate Majority Leader Senator Harry Reid, D-Nev., listens to a question during a press briefing on Capitol Hill on Dec. 13, 2012 in Washington, D.C. (credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

Reid: House ‘Being Operated With A Dictatorship Of The Speaker’

Lawmakers are engaged in a playground game of “who goes first,” daring each political party to let the year end without resolving a Jan. 1 confluence of higher taxes and deep spending cuts that could rattle a recovering, but-still-fragile economy.


(credit: Brendan Hoffman/Getty Images)

Rumors of Fiscal Cliff Deal Effect Market

Rumors of a scaled back fiscal cliff deal caused stock markets to rise suddenly Thursday and subsequently fall after denials from top D.C. insiders.


File photo of a Starbucks coffee cup. (credit: PAUL J. RICHARDS/AFP/Getty Images)

Starbucks Cups in D.C. to Come With Political Message

The world’s biggest coffee chain is asking employees at cafes in the Washington, D.C. area to scribble the words “Come Together” on cups for drink orders.


File photo of House Speaker John Boehner. (credit: Getty Images)

‘Fiscal Cliff’ Leaves Boehner A Wounded Speaker

John Boehner is a bloodied House speaker following the startling setback that his own fractious Republican troops dealt him in their “fiscal cliff” struggle against President Barack Obama.