U.S.: Deal Reached to Avert 'Fiscal Cliff'The White House and top Republicans have struck a deal to avert huge New Year tax hikes and spending cuts known as the "fiscal cliff".
Obama: Fiscal Cliff Deal In SightThere are still issues left to resolve, but we're hopeful that Congress can get it done," Obama said hours before the deadline.
Obama: Tax Must Rise for the RichIn his first speech since being re-elected this week, U.S. President Barack Obama claims a mandate to raise taxes on the rich.
Obama Blames Europe And Oil Prices For Job SlumpObservers in both parties believe that May's disappointing job figures prevent Obama from running on his record. Romney campaign reacts.