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Stories tagged: economic policy


  • Charles Krauthammer: ‘Hillaryism’ plods on to the future

    Clinton is trapped by circumstance. She’s the status quo candidate, Barack Obama’s heir, running essentially on more of the same when Americans are hardly clamoring for four more years.


  • U.S. stock rally fizzles at close; Dow down 204 points

    A rally in U.S. stocks evaporated in the minutes before the closing bell Tuesday, sending the Dow Jones industrial average down more than 200 points and extending Wall Street’s losing …


  • US lets in Thai fish caught by slaves despite law

    WASHINGTON (AP) — In its first report on trafficking around the world, the U.S. criticized Thailand as a hub for labor abuse. Yet 14 years later, seafood caught by slaves …


  • Federal judge stalls Obama’s executive action on immigration

    HOUSTON (AP) — A federal judge in Texas on Monday temporarily blocked President Barack Obama’s executive action on immigration, giving a coalition of 26 states time to pursue a lawsuit …


  • Post office retreats on eliminating Saturday mail

    WASHINGTON (AP) — The U.S. Postal Service backed down from its plan to eliminate Saturday mail delivery because Congress barred it, officials said today. But its governing board said it’s …


  • Senate gives pre-dawn OK to Democratic budget

    WASHINGTON (AP) — An exhausted Senate gave pre-dawn approval Saturday to a Democratic $3.7 trillion budget for next year that embraces nearly $1 trillion in tax increases over the coming …


  • Congress sends bill to Obama averting govt default

    WASHINGTON — Congress sent President Barack Obama drama-free legislation on Thursday raising the debt ceiling, averting a government default and putting off the next tax-and-spending clash between the White House …


  • House GOP plans vote on fiscal cliff ‘Plan B’

    WASHINGTON (AP) — The Republican-controlled House pushed ahead Thursday with a bill that would raise taxes on people earning over $1 million a year as hopes faded for a pre-Christmas …


  • House GOP plans vote on fiscal cliff ‘Plan B’

    WASHINGTON (AP) — The GOP-controlled House is moving ahead Thursday on a bill that would raise taxes on people earning over $1 million a year, sparing most workers from a …


  • Obama, Boehner clash as cliff edge approaches

    WASHINGTON (AP) — Fiscal cliff talks at a partisan standoff, President Barack Obama and House Speaker John Boehner swapped barbed political charges on Wednesday yet carefully left room for further …


  • Obama: He and Boehner ‘pretty close’ to a deal

    WASHINGTON (AP) — Optimistic despite a tightening deadline, President Barack Obama said Wednesday he and House Speaker John Boehner are “pretty close” to a grand fiscal deal to avoid a …


  • White House threatens veto of GOP budget plan

    WASHINGTON (AP) — The White House threatened Wednesday to veto House Speaker John Boehner’s backup plan for averting the “fiscal cliff,” saying it was time for Republicans to stop political …


  • Obama Social Security offer at odds with top Dems

    WASHINGTON (AP) — President Barack Obama’s offer to limit the growth of Social Security benefits would cost the average retiree less than $50 in the first year. But the cuts …


  • Cliff talks hit a lull with Boehner’s ‘Plan B’

    WASHINGTON (AP) — Just two weeks from an economy-threatening deadline, fiscal cliff talks hit a lull Tuesday as House Speaker John Boehner announced that Republicans would also march ahead with …


  • Fiscal cliff efforts ongoing, Boehner offers plan

    WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner pushed ahead on negotiating a broad deal to avert the “fiscal cliff,” even as the GOP leader readied a …


  • Boehner to pursue backup bill to avert tax hikes

    WASHINGTON (AP) — House Speaker John Boehner said Tuesday that he is readying a backup bill aimed at averting the “fiscal cliff” because President Barack Obama has yet to offer …


  • Obama backs off hard lines in search of compromise

    WASHINGTON (AP) — Just two weeks before the economy-threatening “fiscal cliff” is due to kick in, both President Barack Obama and House Speaker John Boehner are making significant concessions, backing …


  • AP sources: New Obama offer moves toward Boehner

    WASHINGTON (AP) — President Barack Obama has agreed to curtail future cost-of-living increases for recipients of Social Security and softened his demand for higher taxes at upper income levels, narrowing …


  • Dems signal Obama flexibility on spending in talks

    WASHINGTON (AP) — Republican House Speaker John Boehner is offering to let taxes rise on wealthy Americans’ investment income and dividends as part of a deal to avert the “fiscal …


  • Movement seen in ‘fiscal cliff’ talks

    WASHINGTON (AP) — Big differences remain, but there is finally movement in long-stalled talks on avoiding the “fiscal cliff.” House Speaker John Boehner is offering $1 trillion in higher tax …


  • Crop insurance juicy target in ‘fiscal cliff’ deal

    WASHINGTON (AP) — Rural lawmakers worry that $9 billion in annual federal crop insurance subsidies are an easy target for spending cuts in a “fiscal cliff” deal so they’re shopping …


  • Time for Plan B on ‘fiscal cliff?’

    WASHINGTON (AP) — It’s beginning to look like it’s time for Plan B on the “fiscal cliff.” With talks between President Barack Obama and House Speaker John Boehner apparently stalled, …


  • $4 trillion no magical cure for debt problem

    WASHINGTON (AP) — President Barack Obama has proposed saving more than $4 trillion over the next decade in his “fiscal cliff” talks with Republicans. House Speaker John Boehner has offered …


  • Narrow ‘fiscal cliff’ bargain gains currency

    WASHINGTON (AP) — Hopes dimming for a wide-ranging bargain, the White House and many congressional Republicans are setting their sights on a more modest deal that would extend current tax …


  • Night talks: Obama, Boehner meet on ‘fiscal cliff’

    WASHINGTON (AP) — Face to face with time running short, President Barack Obama and Republican House Speaker John Boehner negotiated at the White House on Thursday night in what aides …


  • Senate turns to Sandy aid bill Monday

    WASHINGTON (AP) — The Senate will be turning its attention to a $60.4 billion disaster aid package for Superstorm Sandy victims next week while President Obama and House Speaker John …


  • Obama, Boehner hold hour-long White House meeting

    WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner held a “frank” meeting lasting nearly an hour Thursday night, aides to both men said. Boehner returned to the …


  • Boehner: White House risks fiscal cliff stalemate

    WASHINGTON (AP) — House Speaker John Boehner says the White House is so resistant to cutting spending that it is risking pushing the country off the “fiscal cliff.” In remarks …


  • No budging as fiscal cliff talks appear stalled

    WASHINGTON (AP) — Republicans aren’t budging on tax rates, and Democrats are resisting steps like raising the eligibility age for Medicare. Negotiations on averting a year-end fiscal train wreck combining …


  • Fiscal cliff talks intense; Obama and Boehner talk

    WASHINGTON (AP) — Despite an intensifying pace, little progress is being reported in talks on averting automatic spending cuts and tax increases that economists fear could send the U.S. economy …


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