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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 […]

Obama looks at NRA guns in schools lunacy with skeptical disregard

Obama looks at NRA guns in schools lunacy with skeptical disregard

President Barack Obama said in an interview broadcast on Sunday he hopes to get new U.S. gun control measures passed during the first year of his second term and is skeptical of a proposal by the National Rifle Association (NRA) gun lobby to put armed guards in schools. Obama assigned Vice President Joe Biden to […]

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 […]

Former President George H.W. Bush moved out of intensive care

Former President George H.W. Bush moved out of intensive care

Former President George H.W. Bush‘s condition improved enough for him to be moved on Saturday out of the intensive care unit and into a regular room at the Houston hospital where he was admitted last month for respiratory problems, a spokesman said. Bush, 88, who served as president from 1989 to 1993, entered Methodist Hospital […]

Last ditch effort for a ‘fiscal cliff’ deal in Senate

Last ditch effort for a ‘fiscal cliff’ deal in Senate

Senate leaders rushed to assemble a last-ditch agreement to avoid middle-class tax increases and possibly delay steep spending cuts in an urgent attempt to find common ground after weeks of postelection gridlock. An impatient President Barack Obama pressed top lawmakers to cut a deal, even one that falls short of the ambitions he and congressional […]

For Senate, a ‘mission impossible’ from Obama?

For Senate, a ‘mission impossible’ from Obama?

Following a Friday meeting with congressional leaders, an impatient and annoyed President Barack Obama said it was “mind boggling” that Congress has been unable to fix a “fiscal cliff” mess that everyone has known about for more than a year. He then dispatched Senate Majority Leader Harry Reid, a Democrat, and Minority Leader Mitch McConnell, […]

Last minute stab at ‘fiscal cliff” averting deal may be too little too late

Last minute stab at ‘fiscal cliff” averting deal may be too little too late

Amid partisan bluster, top members of Congress and President Barack Obama were holding out slim hopes for a limited fiscal deal before the new year. But even as congressional leaders prepared to convene at the White House, there were no signs that legislation palatable to both sides was taking shape. The Friday afternoon meeting among […]

Republicans will have to live with a tax increase, no matter what happens

Republicans will have to live with a tax increase, no matter what happens

Republicans in the U.S. House of Representatives are resigned to seeing some sort of income tax increase in legislation to avoid a “fiscal cliff,” but such efforts could be doomed in the absence of spending cuts, some Republican lawmakers say. Congress and President Barack Obama are gearing up for a last-ditch attempt to avoid $600 […]