Senate approves tax, spending deal 89-8

Senate approves tax, spending deal 89-8

Hours past a self-imposed deadline for action, the Senate passed legislation early New Year’s Day to neutralize a fiscal cliff combination of across-the-board tax increases and spending cuts that kicked in at midnight. The pre-dawn vote was a lopsided 89-8. Senate passage set the stage for a final showdown in the House, where a vote […]

Docs use blood thinners to treat Hillary Clinton’s clot

Docs use blood thinners to treat Hillary Clinton’s clot

Doctors treating Secretary of State Hillary Rodham Clinton for a blood clot in her head said blood thinners are being used to dissolve the clot and they are confident she will make a full recovery. Clinton didn’t suffer a stroke or neurological damage from the clot that formed after she suffered a concussion during a […]

Senate, White House reach tentative deal to avert fiscal cliff

Senate, White House reach tentative deal to avert fiscal cliff

Racing the clock, the White House reached a New Year’s Eve accord with Senate Republicans late Monday to block across-the-board tax increases and spending cuts in government programs due to take effect at midnight, according to administration and Senate Democratic officials. Under the deal, taxes would remain steady for the middle class and rise at […]

Details of the tentative fiscal cliff deal

Highlights of a tentative agreement Monday between the White House and Senate Minority Leader Mitch McConnell, R-Ky., aimed at averting wide tax increases and budget cuts scheduled to take effect in the new year. The measure would raise taxes by about $600 billion over 10 years compared with tax policies that expire at midnight Monday. […]

Some progress reported in ‘fiscal cliff’ talks

Some progress reported in ‘fiscal cliff’ talks

Democrats and Republicans say signs of progress are emerging in urgent negotiations to avert the looming ‘fiscal cliff’ ahead of a midnight deadline. A person familiar with the negotiations says Democrats have offered to extend tax cuts for families making up to $450,000 a year and individuals making up to $400,000. President Barack Obama originally […]

Stuborn disputes delay hopes for deal to avoid ‘fiscal cliff’

Stuborn disputes delay hopes for deal to avoid ‘fiscal cliff’

The White House and Senate Republicans sorted through stubborn disputes over taxing the wealthy and cutting the budget to pay for Democratic spending proposals as Monday’s midnight deadline for an accord avoiding the “fiscal cliff” drew to within hours. Senate Minority Leader Mitch McConnell, R-Ky., spoke repeatedly Sunday to Vice President Joe Biden, a former […]

Secretary of State Hillary Clinton hospitalized with blood clot

Secretary of State Hillary Clinton hospitalized with blood clot

Secretary of State Hillary Rodham Clinton is under observation at a New York hospital after being treated for a blood clot stemming from the concussion she sustained earlier this month. Clinton’s doctors discovered the clot Sunday while performing a follow-up exam, her spokesman, Philippe Reines, said. He would not elaborate on the location of the […]

Over the fiscal cliff: A hard of soft landing?

Over the fiscal cliff: A hard of soft landing?

Efforts to save the nation from going over a year-end “fiscal cliff” were still in disarray as lawmakers returned to the Capitol to confront the tax-and-spend crisis. A tone-setting quotation was Democratic Sen. Harry Reid’s assertion that the House under Republican Speaker John Boehner had been “operating with a dictatorship.” President Barack Obama flew back […]

Last-minute Senate talks to avert fiscal disaster

Last-minute Senate talks to avert fiscal disaster

Senate leaders groped for a last-minute compromise Saturday to avoid middle-class tax increases and possibly prevent deep spending cuts at the dawn of the new year as President Barack Obama warned that failure could mean a “self-inflicted wound to the economy.” Obama chastised lawmakers in his weekly radio and Internet address for waiting until the […]