John Boehner

House Republicans throw monkey wrench into effort to avoid fiscal cliff

House Republicans throw monkey wrench into effort to avoid fiscal cliff

Emergency legislation to avoid the economy-threatening fiscal cliff ran into vehement New Year’s Day opposition from House Republicans, casting doubt on the divided government’s ability to prevent widespread tax increases and painful, across-the-board federal spending cuts. “I do not support the bill. We are looking, though, for the best path forward,” House Majority Leader Eric […]

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 […]

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 […]

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 […]

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 […]

‘Fiscal cliff’ deadlockers heading back for last minute effort

‘Fiscal cliff’ deadlockers heading back for last minute effort

Efforts to save the nation from going over a year-end “fiscal cliff” were in disarray as lawmakers fled the Capitol for their Christmas break. “God only knows” how a deal can be reached now, House Speaker John Boehner declared. President Barack Obama, on his way out of town himself, insisted a bargain could still be […]