Richard's Feed
Dec 7, 2012

“Fiscal cliff” talks down to Obama and Speaker Boehner

WASHINGTON (Reuters) – Republican House Speaker John Boehner accused President Barack Obama of pushing the country toward the “fiscal cliff” Friday and of wasting another week without progress in talks.

With three weeks left before a combination of steep tax hikes and spending cuts kicks in unless Congress intervenes, Boehner said the administration had adopted a “my way or the highway” approach and was engaging in “reckless talk” about going over the cliff.

Dec 7, 2012

Both sides hint at renewed talks on U.S. “fiscal cliff”

WASHINGTON (Reuters) – With little to show after a month of posturing, the White House and Republicans in Congress dropped hints on Thursday that they had resumed low-level private talks on breaking the stalemate over the “fiscal cliff” but refused to divulge details.

A day after a phone conversation between President Barack Obama and John Boehner, the Republican speaker of the House of Representatives, appeared to kick-start communications, both sides used similar language to describe the state of negotiations but imposed a media blackout on developments.

Dec 6, 2012

Both sides scramble for leverage as clock ticks on “fiscal cliff”

WASHINGTON (Reuters) – With the clock ticking toward an end-of-year deadline, the “fiscal cliff” showdown focused on Thursday on a renewed fight over raising the U.S. debt ceiling as both sides maneuvered for political and public relations advantage.

A largely partisan procedural scuffle broke out in the U.S. Senate when Republicans tried to provoke a vote related to the debt ceiling, in an apparent effort to reframe the debate on more favorable terms and gain some leverage.

Dec 5, 2012

US Republicans weigh swallowing tax hike on the wealthy

WASHINGTON, Dec 5 (Reuters) – While Republican leaders in
the House of Representatives insist that raising tax rates on
the rich is an impossibility, some Republican lawmakers now see
it as inevitable to avoiding the “fiscal cliff” of severe tax
hikes and spending cuts set to start Jan. 1.

Congressional aides, who asked not to be identified, said
Republicans are losing the public relations battle over keeping
low tax rates for the rich and are getting battered by President
Barack Obama and his fellow Democrats in Congress following
their Nov. 6 election victories.

Dec 4, 2012

Obama firm on U.S. tax rates amid Republican infighting

WASHINGTON, Dec 4 (Reuters) – President Barack Obama dangled
the possibility on Tuesday of lowering tax rates in 2013 with a
broad U.S. tax code revamp, but he stood firm on insisting rates
for the wealthiest must rise as part of a deal to avert the
“fiscal cliff,” a series of budget cuts and tax increases that
will begin taking effect on Dec. 31 unless Congress acts.

Congressional Republicans, looking at yet another poll
showing most Americans would blame them for going off the cliff,
showed more signs of internal stress over how far to go in
compromising with Obama’s demands on tax rates.

Dec 4, 2012

Republicans reject tax hike, push cuts in “fiscal cliff” offer

WASHINGTON (Reuters) – Republicans proposed steep spending cuts on Monday but gave no ground on President Barack Obama’s call to raise taxes on the wealthiest in their first formal proposal to avert a “fiscal cliff” that could push the U.S. economy into recession.

After days of stalemate, the Republican offer shows deep differences with President Barack Obama as the two sides work to head off across-the-board spending cuts and tax increases due to take effect in January.

Dec 3, 2012

Republican “fiscal cliff” offer leans on spending cuts

WASHINGTON (Reuters) – Republicans proposed revenue-generating tax reforms and steep spending cuts on Monday in their first formal proposal to avert a “fiscal cliff” that could push the U.S. economy into recession.

After days of stalemate, the Republicans’ offer showed deep differences with President Barack Obama as the two sides work to head off across-the-board spending cuts and tax increases due to take effect in January.

Dec 3, 2012

Analysis: In U.S. “fiscal cliff” maneuvers it’s all about the holiday

WASHINGTON (Reuters) – Watching the events of the past few weeks, you could have gotten the idea that the United States is not only going to slip from the “fiscal cliff” but jump lemming-like off it.

President Barack Obama presented last week a proposal that upset Republicans with its $1.6 trillion in revenue increases and limited spending cuts and then goaded them while on the road at a toy factory with jokes meant to paint the Republicans as Scrooges.

Dec 3, 2012

Analysis – In U.S. ‘fiscal cliff’ manoeuvres it’s all about the holiday

WASHINGTON (Reuters) – Watching the events of the past few weeks, you could have gotten the idea that the United States is not only going to slip from the “fiscal cliff” but jump lemming-like off it.

President Barack Obama presented last week a proposal that upset Republicans with its $1.6 trillion in revenue increases and limited spending cuts and then goaded them while on the road at a toy factory with jokes meant to paint the Republicans as Scrooges.

Dec 3, 2012

In US ‘fiscal cliff’ maneuvers it’s all about the holiday

WASHINGTON, Dec 3 (Reuters) – Watching the events of the
past few weeks, you could have gotten the idea that the United
States is not only going to slip from the “fiscal cliff” but
jump lemming-like off it.

President Barack Obama presented last week a proposal that
upset Republicans with its $1.6 trillion in revenue increases
and limited spending cuts and then goaded them while on the road
at a toy factory with jokes meant to paint the Republicans as
Scrooges.

    • About Richard

      "I have been a Washington correspondent for Reuters since 2001. I have written about climate change and the environment, the U.S. Congress, politics, economic issues and agricultural trade disputes."
    • Follow Richard