WASHINGTON, Nov 28 (Reuters) – U.S. Representative Barney
Frank, a Democrat who helped to craft the landmark overhaul of
financial regulations that bears his name, will not seek
re-election in 2012, his office said on Monday.

Frank, 71, one of the most outspoken liberals in Congress,
will hold a 1 p.m. EST/1800 GMT news conference to discuss the
decision, according to his office.

WASHINGTON (Reuters) – Representative Barney Frank, a Democrat who helped to craft the landmark overhaul of financial regulations that bears his name, will not seek re-election in 2012, his office said on Monday.

Frank, 71, one of the most outspoken liberals in Congress, will hold a 1 p.m. EST/1800 GMT news conference to discuss the decision, according to his office.

WASHINGTON, Nov 22 (Reuters) – President Barack Obama will
challenge the U.S. Congress to preserve an expiring payroll tax
cut on Tuesday as he travels to New Hampshire to seize the
initiative in the wake of a collapsed effort to reduce the
nation’s budget deficit.

With the wreckage of a deficit-cutting effort by a
bipartisan congressional committee still smoldering,
politicians are scrambling to limit the damage.

WASHINGTON (Reuters) – Washington’s most ambitious effort in years to come to grips with its mounting debt is set to end with a whimper on Monday as negotiators plan to announce they have failed to reach a deal.

The Republican and Democratic leaders of a 12-member congressional “super committee” are set to declare defeat in a joint statement to be released after three months of talks failed to bridge deep divides over taxes and spending.

WASHINGTON, Nov 21 (Reuters) – Washington’s most ambitious
effort in years to come to grips with its mounting debt is set
to end with a whimper on Monday as negotiators plan to announce
they have failed to reach a deal.

The Republican and Democratic leaders of a 12-member
congressional “super committee” are set to declare defeat in a
joint statement to be released after three months of talks
failed to bridge deep divides over taxes and spending.

WASHINGTON, Nov 20 (Reuters) – Washington’s most ambitious
effort in years to come to grips with its mounting debt is set
to end with a whimper on Monday as negotiators plan to announce
they have failed to reach a deal.

The Republican and Democratic leaders of a 12-member
congressional “super committee” planned to declare defeat after
three months of talks failed to bridge deep divides over taxes
and spending.

WASHINGTON (Reuters) – The “super committee” may be effectively dead but brinkmanship in Congress over taxes and spending will only escalate as the impending expiration of several provisions threatens to undermine the economy.

If Congress does not extend them by the end of the year, workers will see less money in their paychecks, nearly 2 million jobless people will lose the benefits that help them make ends meet, and Medicare patients may have a harder time getting in to see the doctor. Countless businesses will see their tax bills rise.

WASHINGTON (Reuters) – A measure that would amend the Constitution to require the government to balance its books each year fell short in the Republican-controlled House of Representatives on Thursday.

By a vote of 261 to 165, largely along party lines, the bill fell short of the two-thirds majority that constitutional amendments need to pass the House and Senate.

WASHINGTON (Reuters) – A high-profile effort to trim stubborn U.S. budget deficits appeared near collapse on Friday as Democrats and Republicans were unable to agree on tax increases and benefit cuts.

A 12-member “super committee” in Congress has until midnight on Wednesday to strike a deal that would save at least $1.2 trillion over 10 years. Members say they think a deal is still possible, but aides privately are more pessimistic.

WASHINGTON, Nov 18 (Reuters) – A high-profile effort to
trim stubborn U.S. budget deficits appeared near collapse on
Friday as Democrats and Republicans were unable to agree on tax
increases and benefit cuts.

A 12-member “super committee” in Congress has until
midnight on Wednesday to strike a deal that would save at least
$1.2 trillion over 10 years. Members say they think a deal is
still possible, but aides privately are more pessimistic.