Harry Reid

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 […]

No deal in sight as ‘fiscal cliff’ deadline nears

No deal in sight as ‘fiscal cliff’ deadline nears

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. President Barack Obama returns from Hawaii Thursday to this increasingly familiar deadline showdown in the […]

Obama, Republicans draw lines on new budget deal

Obama, Republicans draw lines on new budget deal

Taking little time to celebrate, President Barack Obama is setting out to leverage his re-election into legislative success in an upcoming showdown with congressional Republicans over taxes, deficits and the impending “fiscal cliff.” House Speaker John Boehner says Republicans are willing to consider some form of higher tax revenue as part of the solution — […]

Republicans on Harry Reid: ‘He’s a dirty liar’

Republicans on Harry Reid: ‘He’s a dirty liar’

Top Republicans on Sunday accused Senate Democratic leader Harry Reid of lying by passing along an anonymous claim that GOP presidential candidate Mitt Romney hasn’t paid taxes for 10 years. Republican Party chairman Reince Priebus called Reid a “dirty liar.” Sen. Lindsey Graham, R-S.C., said, “I think he’s lying about his statement of knowing something […]

Congress passes two-month tax deal; Obama signs it into law

Congress passes two-month tax deal; Obama signs it into law

In the end, the long-debated, often-delayed, more often gridlocked budget deal came down to a couple of voice votes in the near-empty chambers of the House and Senate, approving a $33 billion spending measure that keeps the payroll tax rate at 4.2 percent through the end of February. But the debate is far from over. […]

Congress gives Americans a tax hike for Christmas

Congress gives Americans a tax hike for Christmas

Congress heads home for Christmas but the holiday gift it left for Americans is an almost-certain tax hike for the new year. As predicted by the tea party-controlled Speaker, House Republicans defeated a two-month extension of reduced payroll taxes on Social Security and extension of unemployment benefits. Then House member started packing for the trip […]

Gridlock brings another threat of government shutdown

Gridlock brings another threat of government shutdown

Capitol Hill gridlock once again threatens the day-to-day operations of government as Republicans and Democrats tangle over unemployment benefits, Social Security taxes and the use of earmarks to benefit campaign contributors. Both sides, while playing politics with the economic well-being of Americans, accuse the other of doing exactly that in a bitter struggle over a […]

OK, we relaxed this tax act thingy. Now what?

OK, we relaxed this tax act thingy. Now what?

House Republicans redeemed a campaign promise to repeal President Barack Obama’s health care overhaul, but now must march against the headwinds of a Democratic-controlled Senate and the specter of a White House veto. The GOP owes its newfound control of the House in part to its appeal last fall to voters outraged about the new […]

House set to vote on health care law repeal

House set to vote on health care law repeal

The new Republican-led House is poised to deliver an emphatic thumbs-down to President Barack Obama‘s landmark health care overhaul, with no ready substitute of its own. The House vote Wednesday could turn out to be the high-water mark for repeal, a goal that energized conservative voters in the midterm elections and helped Republicans return to […]

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