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Dec 21, 2012

Boehner says Congress, Obama must keep seeking ‘fiscal cliff’ deal

WASHINGTON, Dec 21 (Reuters) – House of Representatives
Speaker John Boehner said on Friday congressional leaders and
President Barack Obama must try to move on from Republicans’
failed tax plan and work together to avert the looming U.S.
“fiscal cliff.”

Boehner, the top Republican in Congress, was unrepentant at
a Capitol Hill news conference the day after the stunning
failure of his “Plan B” option, a development that raised doubts
about his own leadership and left negotiations in disarray.

Dec 21, 2012

Way forward on US ‘cliff’ uncertain after Republican plan fails

WASHINGTON, Dec 21 (Reuters) – The task of picking up the
pieces of the “fiscal cliff” talks – and reassuring global
markets that were shaky early Friday – is likely to fall largely
to President Barack Obama after the rebuke Thursday to his chief
Republican negotiating partner, House Speaker John Boehner.

Boehner could not muster enough support from his fellow
Republicans, a majority in the U.S. House of Representatives, to
pass his bill called “Plan B” that he had hoped to use to
pressure Obama in talks to avert the steep tax hikes and
spending cuts slated to start taking effect in just eleven days.

Dec 21, 2012

US Republicans push own ‘fiscal cliff’ plan; talks frozen

WASHINGTON, Dec 20 (Reuters) – Republicans in the U.S.
Congress pushed ahead on Thursday with a “fiscal cliff” plan
that stands no chance of becoming law as time runs short to
reach a deal with President Barack Obama to avert a possible
Washington-induced recession.

The Republican-led House of Representatives was due to vote
on raising income-tax rates on the wealthiest sliver of the
population, a move that breaks with decades of anti-tax
orthodoxy by the party.

Dec 21, 2012

Republicans push own “fiscal cliff” plan; talks frozen

WASHINGTON (Reuters) – Republicans in the U.S. Congress pushed ahead on Thursday with a “fiscal cliff” plan that stands no chance of becoming law as time runs short to reach a deal with President Barack Obama to avert a possible Washington-induced recession.

The Republican-led House of Representatives was due to vote on raising income-tax rates on the wealthiest sliver of the population, a move that breaks with decades of anti-tax orthodoxy by the party.

Dec 20, 2012

U.S. Republicans push their own plan, fiscal talks stalled

WASHINGTON (Reuters) – Republicans in Congress pushed ahead with a “fiscal cliff” plan on Thursday that stood no chance of becoming law as time ran short to reach a deal with President Barack Obama that would avert a Washington-induced economic recession.

The Republican-led House of Representatives plans a Thursday evening vote on Speaker John Boehner’s “Plan B” to limit income-tax increases to the wealthiest sliver of the population in order to pressure Obama to offer more concessions.

Dec 19, 2012

U.S. activist Norquist blesses Boehner’s tax plan, conservative group rejects it

WASHINGTON (Reuters) – Leading U.S. anti-tax activist Grover Norquist gave his blessing on Wednesday to House Speaker John Boehner’s plan to avert the “fiscal cliff,” concluding that despite complaints to the contrary, it would adhere to Republican lawmakers’ pledges not to raise taxes.

But more than a dozen other conservative figures and groups, including the Tea Party Express and the Heritage Foundation, disagreed.

Dec 18, 2012

Republicans put squeeze on Obama in “fiscal cliff” talks

WASHINGTON (Reuters) – Republicans tried to wring more tax-rate concessions out of the White House on Tuesday as political maneuvering intensified over an agreement to keep the U.S. economy from tumbling off the “fiscal cliff” next year. Markets rallied on hopes for a deal.

After important concessions in recent days from both President Barack Obama and House of Representatives Speaker John Boehner, Republicans moved to increase pressure on the Democrats by vowing to vote in the House on a “Plan B” back-up measure that would largely disregard the progress made so far.

Dec 17, 2012

Obama, Boehner meet as hopes rise for ‘fiscal cliff’ deal

WASHINGTON, Dec 17 (Reuters) – U.S. President Barack Obama
and top Republican John Boehner met at the White House on Monday
as hopes rose that Washington will be able to head off steep tax
hikes and spending cuts that could push the economy into
recession next year.

The 45-minute meeting is a further sign that talks to avert
the “fiscal cliff” could be yielding progress after weeks of
stalemate, and aides from both parties said they were optimistic
that a deal could be reached in coming days.

Dec 16, 2012

White House won’t accept new tax offer from Republican leader -source

WASHINGTON, Dec 15 (Reuters) – President Barack Obama is not
ready to accept a new offer from the Republican leader of the
U.S. House of Representatives to raise taxes on top earners in
exchange for major cuts in entitlement programs, a source said
late on Saturday.

The shape and details of Boehner’s offer were uncertain
Saturday night, as was the exact reason the president was
prepared to reject it.

Dec 16, 2012

White House won’t accept new tax offer from Republican leader

WASHINGTON (Reuters) – President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. the House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late Saturday.

The shape and details of Boehner’s offer were uncertain Saturday night, as was the exact reason the president was prepared to reject it.

    • About Thomas

      "Thomas Ferraro joined Reuters in 1998; he has helped cover a number of presidential campaigns and is a veteran of Capitol Hill where he has seen Democratic and Republican majorities rise and fall. He has also covered a number of Supreme Court confirmation battles, including those of four nominees now on the highest U.S. court."
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