Fiscal Cliff

News for Fiscal Cliff

House Balks at Endorsing Fiscal Cliff Deal

House Balks at Endorsing Fiscal Cliff Deal

Republicans angry that fiscal cliff deal raises taxes on the rich but does nothing to cut social programs that swell the deficit., 02/01/2013 02:15
Cliff Deal Passes Senate Overnight

Cliff Deal Passes Senate Overnight

A deal to patch up the US's fiscal crisis will be taken up by lawmakers in the Republican-controlled House after passing in the Senate. , 01/01/2013 18:43
U.S.: Deal Reached to Avert 'Fiscal Cliff'

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".Elad Benari, 01/01/2013 05:13
U.S. to Miss Fiscal Cliff Deadline

U.S. to Miss Fiscal Cliff Deadline

U.S. lawmakers miss their deadline to avoid the fiscal cliff come close a deal to ease the worst impact of the crisis., 01/01/2013 02:44
Obama: Fiscal Cliff Deal In Sight

Obama: Fiscal Cliff Deal In Sight

There are still issues left to resolve, but we're hopeful that Congress can get it done," Obama said hours before the deadline. , 31/12/2012 22:17
Last Minute Fiscal Cliff Talks Stall

Last Minute Fiscal Cliff Talks Stall

Senate Republican minority leader Mitch McConnell warns that solution to avoid "fiscal cliff" is still far from being reached., 31/12/2012 02:14
Obama Blames Republicans for Fiscal Cliff Crisis

Obama Blames Republicans for Fiscal Cliff Crisis

The US President blamed the fiscal cliff crisis on the Republicans for their refusal to raise taxes on the rich., 30/12/2012 19:41
Obama Cuts Holiday Short to Deal with Economy

Obama Cuts Holiday Short to Deal with Economy

Despite weeks of negotiations, Obama has yet to reach a budget deal with congressional Republicans to slash the deficit., 26/12/2012 15:30
Democrats and Republicans Trade Blame

Democrats and Republicans Trade Blame

With just over a week to go before automatic and massive spending cuts and tax increases are due to kick in, lawmakers can't reach agreement, 22/12/2012 21:03