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Jan 8, 2013

Americans think government could harm economy

WASHINGTON (Reuters) – Last week’s “fiscal cliff” deal did little to ease fears among Americans that Washington could harm the U.S. economy or their personal finances in the months to come, according to a Reuters/Ipsos poll released on Monday.

The online poll found that President Barack Obama gets more credit than his Republican adversaries for the agreement, which canceled across-the-board tax increases and postponed broad spending cuts that could have pushed the economy back into recession.

Jan 2, 2013

United States avoids calamity in ‘fiscal cliff’ drama

WASHINGTON, Jan 1 (Reuters) – The United States averted
economic calamity on Tuesday when lawmakers approved a deal to
prevent huge tax hikes and spending cuts that would have pushed
the world’s largest economy off a “fiscal cliff” and into
recession.

The agreement hands a clear victory to President Barack
Obama, who won re-election on a promise to address budget woes
in part by raising taxes on the wealthiest Americans. His
Republican antagonists were forced to vote against a core tenet
of their anti-tax conservative faith.

Jan 2, 2013

With final vote, Congress resolves “fiscal cliff” drama

WASHINGTON (Reuters) – The United States averted economic calamity on Tuesday when lawmakers approved a deal to prevent huge tax hikes and spending cuts that would have pushed the world’s largest economy off a “fiscal cliff” and into recession.

The agreement hands a clear victory to President Barack Obama, who won re-election on a promise to address budget woes in part by raising taxes on the wealthiest Americans. His Republican antagonists were forced to vote against a core tenet of their anti-tax conservative faith.

Dec 20, 2012

US Republicans push their own plan, fiscal talks stalled

WASHINGTON, Dec 20 (Reuters) – As a year-end deadline looms,
Republicans in the U.S. House of Representatives pushed ahead on
Thursday with their own “fiscal cliff” plan that muddles
negotiations with the White House to avoid steep tax increases
and spending cuts.

The Republican-led House is aiming to vote on Thursday
evening on Speaker John Boehner’s “Plan B” to raise taxes only
on annual incomes of more than $1 million – an effort to put
pressure on President Barack Obama to offer more concessions.

Dec 16, 2012

Democrats vow push for gun control measures in Congress

WASHINGTON (Reuters) – Several Democratic lawmakers called for a new push for U.S. gun restrictions on Sunday, including a ban on military-style assault weapons, in the wake of the Connecticut massacre in which 20 children and six adults were gunned down in a school.

Democratic Senator Diane Feinstein, the author of an assault-weapons ban that lapsed in 2004, said she would introduce new legislation this week. Senator Dick Durbin, the chamber’s No. 2 Democrat, said lawmakers would hold hearings on gun control, and several others said they would devote new attention to the long-ignored issue.

Dec 14, 2012

Odds rise for ‘fiscal cliff’ fight entering 2013

WASHINGTON, Dec 14 (Reuters) – The “fiscal cliff” impasse is
raising the odds that Congress will fail to meet a year-end
deadline to avert steep tax hikes and budget cuts that could
push the nation into another recession.

With talks between President Barack Obama and House of
Representatives Speaker John Boehner at an apparent standstill,
analysts said on Friday that it was increasingly likely that
Washington won’t be able to reach a deal before Jan. 1.

Dec 13, 2012

Obama backers turn from re-election to ‘fiscal cliff’ fight

WASHINGTON, Dec 13 (Reuters) – After a year of knocking on
doors and working the phones to get U.S. President Barack Obama
re-elected, Meechie Biggers had gotten over her fear of talking
politics with strangers.

So when she came to Washington last week, the small-town
real estate agent and a few like-minded Tennesseeans paid a
visit to one of their Republican senators, Bob Corker, to try to
persuade him to back Obama’s proposal to raise tax rates for the
wealthy.

Nov 18, 2012

Lawmakers say they’re confident they can avoid “fiscal cliff”

WASHINGTON (Reuters) – Leading U.S. lawmakers expressed confidence on Sunday that they could reach a deal to avert the “fiscal cliff” even as they laid down markers on taxes and spending that may make any agreement more difficult.

Republicans and Democratic leaders have agreed on a framework to reform the tax code and government benefit programs next year, but first need to prevent across-the-board tax increases and spending cuts due to begin in January that could push the economy back into recession.

Nov 18, 2012

US lawmakers say they’re confident they can avoid ‘fiscal cliff’

WASHINGTON, Nov 18 (Reuters) – Leading U.S. lawmakers
expressed confidence on Sunday that they could reach a deal to
avert the “fiscal cliff” even as they laid down markers on taxes
and spending that may make any agreement more difficult.

Republicans and Democratic leaders have agreed on a
framework to reform the tax code and government benefit programs
next year, but first need to prevent across-the-board tax
increases and spending cuts due to begin in January that could
push the economy back into recession.

Nov 16, 2012

Obama, Congress leaders meet to head off “fiscal cliff”

WASHINGTON (Reuters) – Efforts to avert the “fiscal cliff” began in earnest on Friday as President Barack Obama met with top U.S. lawmakers to work on a deal to head off year-end across-the-board tax hikes and spending cuts that could push the economy back into recession.

The hour-long session is not expected to yield much in the way of tangible results, but it could create a template for the coming weeks of negotiations.

    • About Andy

      "As a politics and general-news correspondent, I’ve covered four budget crises, three presidential elections, two hurricanes and one exploding bridge since joining Reuters in 2000. One of my stories in the 2012 election inspired a spoof on “Saturday Night Life.” I’m a native of Cape Elizabeth, Maine and in my free time I play guitar in several rock bands around Washington, D.C."
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