In a strategic withdrawal, House Republicans announce plans to pass a short-term debt-limit extension
Republicans are now talking about raising the debt ceiling, but just for a month or two. That would open up a number of key Fiscal Cliff 2 questions.
It’s been Washington’s worst kept secret: Just what new gun regulations will Barack Obama and Joe Biden recommend in the wake of the Sandy Hill Elementary mass shooting?
78 days after Hurricane Sandy hit the Northeast, the House passed a $51 billion package to provide the region with emergency relief as well as funding to undertake long-term structural repairs
House Republicans’ cost-cutting fervor imperils money for Hurricane Sandy relief.
Originally devised as a solution to the last round of debt-limit negotiations, the fiscal cliff instead sets up another round of hostage taking.
Without a plan to avert the “fiscal cliff,” Congress realistically has two days on which it can pass a bill this year: Dec. 28 and 31.
The so-far insurmountable problem for House Speaker John Boehner and President Barack Obama as they try to reach a budget deal is that nothing matters more to Republicans than fighting taxes.
Forget defense cuts and tax hikes. If Congress doesn’t act before Jan. 1, the price of milk will skyrocket, according to the National Sustainable Agriculture Coalition.
Now comes the unpredictable part of the capitol’s high-stakes dealmaking: the rest of the people’s representatives are about to take center stage.
Obama has expressed willingness to cut a deal that scales back federal entitlements, but many Democrats are loath to agree to cuts.
Barack Obama dug in Tuesday on his demand that any bargain to avert the so-called fiscal cliff include an agreement to raise taxes on the wealthiest Americans, warning that a deal would not be reached before the Jan. 1 deadline …