A weary Congress sent President Barack Obama legislation to avoid the economy-threatening “fiscal cliff” of middle-class tax increases and across-the-board spending cuts hours before financial markets reopen after the New Year’s holiday. The bill’s passage on a 257-167 vote late Tuesday night in the House of Representatives sealed a hard-won political triumph for the president […]
Past its own New Year’s deadline, a weary Congress sent President Barack Obama legislation to avoid a national “fiscal cliff” of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America’s divided government to the limit. The bill’s passage on a bipartisan 257-167 vote in the […]
Dairy prices could double in the next couple of weeks if Congress does not take action. While all the attention is on the fiscal cliff lately, another pressing issue Congress needs to resolve before the end of the year is getting overlooked. Milk prices could double if Congress doesn’t act on the Federal Farm Bill. […]
With the so-called “fiscal cliff” approaching at the end of the year, President Barack Obama is holding meetings with various groups, including business and labor leaders, to solicit ideas on how to tackle the nation’s budget deficits. On Friday, a group of civic leaders became the latest to meet with the president. “The president has […]
President Barack Obama, laying down his marker for grueling “fiscal cliff” negotiations, said Friday he won’t accept any approach to federal deficit reduction that doesn’t ask the wealthy to pay more in taxes. “This was a central question during the election,” Obama said in his first postelection comments on the economy. “The majority of Americans […]
