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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.

Dec 15, 2012

School murders silence “cliff” rhetoric as deadline nears

WASHINGTON (Reuters) – Mass murder in Connecticut silenced “fiscal cliff” talk on Saturday as the White House and Congress quietly got ready for a final scramble to avert the tax hikes and spending cuts set for the New Year, with sessions of the U.S. House of Representatives now scheduled just days before Christmas.

President Barack Obama canceled a trip he had planned to make next Wednesday to Portland, Maine to press his case for tax hikes for the wealthy. His weekly radio and Internet address on Saturday focused on Newtown, the site of Friday’s school shootings, in which a gunman killed 20 children and six adults before taking his own life.

Dec 13, 2012

Frustrated Boehner digs in on U.S. ‘fiscal cliff’ talks

WASHINGTON (Reuters) – Congressional Republicans dug in on their opposition to raising taxes on the wealthy on Thursday, even as polls showed them at a growing disadvantage in the U.S. “fiscal cliff” showdown with President Barack Obama.

U.S. House of Representatives Speaker John Boehner, the top congressional Republican, refused to give ground and voiced frustration about talks with the White House to avert the steep tax hikes and spending cuts that will be triggered at the end of the year unless Congress intervenes.

Dec 13, 2012

Frustrated Boehner digs in on “fiscal cliff” talks

WASHINGTON (Reuters) – Congressional Republicans dug in on their opposition to raising taxes on the wealthy on Thursday, even as polls showed them at a growing disadvantage in the U.S. “fiscal cliff” showdown with President Barack Obama.

U.S. House of Representatives Speaker John Boehner, the top congressional Republican, refused to give ground and voiced frustration about talks with the White House to avert the steep tax hikes and spending cuts that will be triggered at the end of the year unless Congress intervenes.

Dec 8, 2012

Boehner says Obama pushing U.S. toward “fiscal cliff”

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

With three weeks left before a combination of steep tax hikes and deep 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.

    • 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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