Fiscal Cliff

Budget Battles

  • Cliff Talks: Boehner Bends on Taxes and Debt Limit

    By Eric Pianin

    In his fiscal cliff negotiations with President Obama, House Speaker John Boehner has made major concessions on raising the tax rates on the richest Americans and extending the Treasury's borrowing...

  • As Europe Slowly Recovers, the US Heads off the Cliff

    By Patrick Smith

    What a year for the European Union. Europe has now fought its way through the worst of its fiscal crisis, and the year ahead will end up being more about recovery than austerity. It may seem strange...

  • Boehner Offers Tax Increase on Incomes over $1 M

    By Thomas Ferraro and Richard Cowan, Reuters

    Mass murder in Connecticut silenced "fiscal cliff" talk on Saturday as the White House and Congress quietly got ready for a final scramble to avert the tax hikes and spending cuts set for the New...

  • With Fiscal Cliff Looming, No Holiday for the Market

    By Angela Moon, Reuters

    The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff."

  • Federal Fiscal Pain Trickles Down to States

    By Michael A. Fletcher, The Washington Post

    Just as state governments are healing from the deep fiscal wound inflicted by the Great Recession, they are confronted by the dual threat of reduced federal help and ever increasing health-care costs...