
Cliff poses tiny dollar gap, wide political ravine
When it comes to resolving their "fiscal cliff" impasse, the dollar gap between President Barack Obama and House Speaker John Boehner is tiny in ...
Boehner on averting fiscal cliff: 'God only knows'
House Speaker John Boehner says he's still open to talks with President Barack Obama on avoiding the double economic hit of automatic tax hikes and ...

Futures tumble on stalemate in Washington
U.S. stock futures are moving sharply lower after GOP leaders unexpectedly postponed a vote on legislation that would raise taxes on wealthier ...

Asia stocks fall as US budget negotiations stall
Heightened uncertainty about the outcome of budget negotiations in Washington among President Barack Obama, House Speaker John Boehner and other ...

House GOP puts off vote on 'Plan B'
Confronted with a revolt among the rank and file, House Republicans abruptly scrapped a vote Thursday night on legislation allowing tax rates to rise ...
White House: Obama hopeful for bipartisan deal
The White House says President Barack Obama is willing to continue bargaining for a bipartisan solution to avert the "fiscal cliff" after House ...

Final Capitol tribute to late Hawaii Sen. Inouye
Sen. Daniel Inouye, the second-longest serving senator in U.S. history, was remembered Thursday as a man who gallantly defended his country on the ...

Biden: 'We have to take action' on gun control
The Obama administration will push to tighten gun laws in response to last week's schoolhouse massacre in Connecticut, Vice President Joe Biden said ...

AP poll: Mass shootings voted top 2012 news story
The horrific massacre of 26 children and staff at a Connecticut elementary school, along with other mass shootings, was the top news story of 2012, ...

A timeline for 'fiscal cliff' negotiations
Some key dates for negotiations involving the White House and congressional leaders to avert the year-end series of federal tax increases and spending ...
Boehner: Obama not standing up to Democrats
House Speaker John Boehner says President Barack Obama is not standing up to his fellow Democrats as the clock ticks down on the dispute over the ...
Americans seeking unemployment aid rises by 17,000
The number of Americans applying for unemployment benefits rose last week by 17,000, reversing four weeks of declines. But the number of people ...

Boehner plan ends tax cuts for rich, poor
Taxpayers making more than $1 million would get hit with tax increases averaging $100,000 next year under House Speaker John Boehner's alternative tax ...

Obama, Boehner clash as cliff edge approaches
Fiscal cliff talks at a partisan standoff, President Barack Obama and House Speaker John Boehner swapped barbed political charges on Wednesday yet ...
Comparison of 'fiscal cliff' plans
There are several competing plans to avoid the "fiscal cliff," a one-two combination of tax increases and automatic spending cuts. The GOP-controlled ...
IRS: 100M taxpayers face delays without AMT fix
Up to 100 million taxpayers — about two-thirds of all filers — won't be able to file their 2012 tax returns until late March if Congress doesn't ...

Stocks fall as sides snipe in 'cliff' talks
Stocks dipped Wednesday, recording their first loss of the week. President Barack Obama and Republicans in Congress sniped at each other, and a ...
Stocks sink as budget deadline nears; Dow off 99
Stocks are ending lower on Wall Street as a year-end deadline nears with no deal in hand how to cut the U.S. government's budget deficit. The Dow ...
Oil rises on drop in US supplies, German optimism
The price of oil rose Wednesday as the government reported shrinking crude supplies, and some good news overseas offset concerns about political ...

Obama Social Security offer at odds with top Dems
President Barack Obama's offer to limit the growth of Social Security benefits would cost the average retiree less than $50 in the first year. But the ...

US budget remains key driver in markets
Optimism over the prospects of a U.S. budget deal between the White House and Congress supported markets Wednesday and contributed to the euro's first ...
Heavy price: Medicare overpaying for back braces
Internet sale price for a standard back brace: $99.99. What Medicare pays for the item: $900-plus. A federal report released Wednesday offers a look ...
White House threatens veto of Boehner's 'Plan B'
The White House says President Barack Obama would veto House Speaker John Boehner's 'Plan B' proposal for extending tax cuts for people making up to ...