
'Fiscal cliff' talks vexing official Washington
Five weeks after President Barack Obama won re-election and gained more leverage to make GOP conservatives bend on taxes, the new balance of power is ...

No budging as fiscal cliff talks appear stalled
Republicans aren't budging on tax rates, and Democrats are resisting steps like raising the eligibility age for Medicare. Negotiations on averting a ...

Why it's so hard to step back from 'fiscal cliff'
The "fiscal cliff" crisis bundles together some of Washington's toughest decisions — the ones lawmakers have dodged for years — and says settle them ...
US budget deficit reaches $172B in November
The U.S. federal government's budget deficit widened in November compared to October, a sign that the nation is on a path to its fifth straight $1 ...

Obama's fiscal cliff strategy is tricky balance
Playing both sides, President Barack Obama is trying to balance his public pressure campaign on Republicans over the looming "fiscal cliff" with his ...
House GOP press Obama for balanced fiscal deal
House Republican leaders are pressing President Barack Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the ...

'Cliff' movement? Obama, Boehner trade proposals
In a test of divided government, President Barack Obama and House Speaker John Boehner sought an elusive compromise Tuesday to prevent ...

Fiscal cliff: Private bargaining, public wrangling
In a test of divided government, the White House and congressional Republicans bargained in secret and sparred in public Tuesday over a deal to ...

GOP throws Obama's old deficit stands back at him
Some of the best Republican arguments against President Barack Obama's proposals to avoid a "fiscal cliff" come from the president himself, in ...
CEOs step up pressure on Obama, Congress for deal
The nation's top corporate executives are stepping up pressure on Congress and on President Barack Obama to negotiate a deal to avoid a fiscal cliff, ...
Pelosi calls for vote on extending most tax cuts
House Democratic Leader Nancy Pelosi is calling on Republicans to permit a vote on President Barack Obama's plan to let tax cuts expire at upper ...
Boehner: Obama slow walking cliff talks
House Speaker John Boehner says President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing ...

No one retreating; cliff talks seem at standstill
A year-end deadline approaching, quiet negotiations to avoid an economy-rattling "fiscal cliff" yielded no tangible signs of progress on Monday as ...
House Dems, GOP embrace cuts in defense spending
Substantial reductions in military spending should be part of any budget deal that President Barack Obama negotiates with Congress to avert the ...

Stocks edge higher; Dow boosted by McDonald's
Stocks edged higher Monday on Wall Street after a strong sales report from McDonald's offset concerns about the surprise resignation of Italy's prime ...
Oil ends lower on economy concerns
Benchmark U.S. crude gave up some early gains Monday on a surprise expansion of German exports and signs of increased oil consumption in China to ...

Obama, Boehner meet to discuss 'fiscal cliff'
President Barack Obama and House Speaker John Boehner met Sunday at the White House to discuss the ongoing negotiations over the impending "fiscal ...
Asia stocks rise on US jobs data showing growth
Rising factory output in China and better-than-expected jobs numbers out of the U.S. helped lift Asian stock markets on Monday. Investors delved into ...

Boustany defeats Landry for La. congressional seat
Louisiana congressman Charles Boustany won a fifth term on Saturday by handily defeating his fellow Republican incumbent, Jeff Landry, in a runoff ...

Democrats want jobless benefits in 'cliff' deal
Hovering in the background of the "fiscal cliff" debate is the prospect of 2 million people losing their unemployment benefits four days after ...

Obama: Republicans blocking middle-class tax cuts
President Barack Obama said Saturday that Republicans in the House are blocking a bill that would prevent a tax increase on the first $250,000 of ...

Obama request for Sandy aid could face hurdles
President Barack Obama's proposal for $60.4 billion in federal aid for states hit by Superstorm Sandy adds a huge new item to an end-of-year ...