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Stories tagged: economic policy


  • House GOP press Obama for balanced fiscal deal

    WASHINGTON (AP) — House Republican leaders are pressing President Barack Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called “fiscal …


  • Fiscal cliff talks appear to be stalled

    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 …


  • Fiscal cliff: Private bargaining, public wrangling

    WASHINGTON (AP) — In a test of divided government, the White House and congressional Republicans bargained in secret and sparred in public Tuesday over a deal to prevent year-end tax …


  • GOP’s Boehner says Obama slow-walking cliff talks

    WASHINGTON (AP) — House Speaker John Boehner accused President Barack Obama on Tuesday of slow-walking negotiations to avoid the “fiscal cliff” and urged him to name specific cuts in government …


  • Senate GOP leader calls on Dems to spell out cuts

    WASHINGTON (AP) — House Speaker John Boehner accused President Barack Obama on Tuesday of slow-walking negotiations to avoid the “fiscal cliff,” and urged him to name specific cuts in government …


  • Solid evidence elusive in right-to-work debate

    LANSING, Mich. (AP) — Gov. Rick Snyder says one reason he supports right-to-work legislation in Michigan is the economic boost a similar law has given Indiana, although officials have provided …


  • Evidence elusive in Michigan right-to-work debate

    LANSING, Mich. (AP) — Gov. Rick Snyder says one reason he supports right-to-work legislation in Michigan is the economic boost a similar law has given Indiana, although officials have provided …


  • Obama, Boehner discuss ‘fiscal cliff’ stalemate

    WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner met at the White House to discuss the “fiscal cliff,” while rank-and-file Republicans stepped forward with what they called …


  • Stock market is a wild card in fiscal cliff talks

    WASHINGTON (AP) — Congress and the White House can significantly soften the initial impact of the “fiscal cliff” even if they fail to reach a compromise by Dec. 31. One …


  • Boehner: No progress in fiscal cliff talks

    WASHINGTON (AP) — House Speaker John Boehner said Friday there has been no progress in negotiations to avert a “fiscal cliff” combination of automatic tax increases and spending cuts in …


  • Homeland Security grant spending questioned

    WASHINGTON (AP) — The Homeland Security Department paid for an underwater robot in a Midwest city with no major rivers or lakes nearby, a hog catcher in rural Texas and …


  • Obama and Boehner discuss fiscal cliff by phone

    WASHINGTON (AP) — For the first time in days, President Barack Obama and House Speaker John Boehner spoke by phone Wednesday about the “fiscal cliff” that threatens to knock the …


  • Obama warns GOP against a new debt ceiling fight

    WASHINGTON (AP) — Hewing to a hard line, President Barack Obama warned congressional Republicans on Wednesday not to inject the threat of a government default into complex fiscal cliff negotiations …


  • DHS grant spending questioned amid budget woes

    WASHINGTON (AP) — The Homeland Security Department paid for an underwater robot in a Midwest city with no major rivers or lakes nearby, a hog catcher in rural Texas and …


  • Pentagon begins planning for massive budget cuts

    WASHINGTON (AP) — The Defense Department has begun planning for the roughly $500 billion in personnel and program cuts over a decade that will be needed if Congress and the …


  • Obama warns against another debt ceiling fight

    WASHINGTON (AP) — President Barack Obama warned Republicans on Wednesday against picking another fight over the nation’s debt ceiling, telling business leaders that it’s “not a game that I will …


  • Senate to take up bill normalizing Russia trade

    WASHINGTON (AP) — The Senate on Wednesday took up legislation that would end four-decade-old trade restrictions that are blocking U.S. businesses from enjoying the benefits of a more open Russian …


  • Fiscal cliff offers hint at more defense cuts

    WASHINGTON (AP) — House Republicans’ “fiscal cliff” counteroffer to President Barack Obama hints at billions of dollars in military cuts on top of the nearly $500 billion that the White …


  • Makings of a fiscal deal behind the hot rhetoric

    WASHINGTON (AP) — Bluster and hot rhetoric aside, the White House and House Republicans have identified areas of significant overlap that could form the basis for a final agreement after …


  • GOP ‘fiscal cliff’ plan echoes failed budget talks

    WASHINGTON (AP) — President Barack Obama said Tuesday avoiding an economic plunge over the “fiscal cliff” comes down to Republicans’ realizing that tax rates must go up on wealthiest Americans. …


  • GOP ‘fiscal cliff’ plan echoes failed budget talks

    WASHINGTON (AP) — Republicans are proposing a “fiscal cliff” plan that revives ideas from failed budget talks with President Barack Obama last year, calling for raising the eligibility age for …


  • Cuomo says he’s ‘optimistic’ on Sandy aid

    WASHINGTON (AP) — New York Gov. Andrew Cuomo emerged Monday from meetings with top Obama administration officials and congressional leaders “optimistic” that Congress will act quickly to provides tens of …


  • GOP issues new ‘fiscal cliff’ offer to Obama

    WASHINGTON (AP) — House Republicans on Monday proposed a new 10-year, $2.2 trillion blueprint to President Barack Obama that calls for increasing the eligibility age for Medicare and lowering cost-of-living …


  • Boehner: Obama fiscal cliff offer bad for economy

    WASHINGTON (AP) — House Speaker John Boehner (BAY’-nuhr) says President Barack Obama’s proposal to avoid the fiscal cliff by boosting revenue by $1.6 trillion over the next decade would be …


  • Bickering trumps bargaining on looming ‘cliff’

    WASHINGTON (AP) — For the first time since the Nov. 6 election, partisan bickering trumped bargaining Thursday as Democrats and Republicans vied for the political high ground in talks to …


  • ‘Cliff’: Boehner, White House chide each other

    WASHINGTON (AP) — House Speaker John Boehner met with Treasury Secretary Tim Geithner on Thursday and accused Democrats afterward of failing to outline specific cuts to avert the “fiscal cliff” …


  • Biden, at Costco, calls for middle class tax cut

    WASHINGTON (AP) — Vice President Joe Biden went on a Costco shopping spree Thursday and called for Congress to extend middle-class tax cuts as part of a deal to avoid …


  • Obama says he’ll do what it takes to avoid cliff

    WASHINGTON (AP) — The White House and a key congressional Democrat hinted at fresh concessions on taxes and cuts to Medicare and other government benefit programs Wednesday as bargaining with …


  • First cracks in GOP stance on higher tax rates

    WASHINGTON (AP) — The first cracks are developing among Republicans over whether to accept a quick deal with President Barack Obama on allowing the top two income tax rates to …


  • It’s not just taxes: Benefit cuts divide Democrats

    WASHINGTON (AP) — It’s not just about taxes. There’s another big obstacle to overcome as Congress and President Barack Obama work to skirt the fiscal cliff: deep divisions among Senate …