Fiscal Cliff Deal Outlines Emerging
U.S. leaders are edging closer to a compromise on contentious end-of-year mandates for sharp spending cuts in key government programs and tax increases for almost all American workers.
With Four Weeks to Fiscal Cliff the House Leaves Town
Lawmakers in the House of Representatives are leaving Washington to take a long weekend and won't return to the Capitol until Tuesday according to the Republican leaders of the House.
White House: 'Fiscal Cliff' Talks Not Dead
WHITE HOUSE — White House officials said the Obama administration is still negotiating with Republicans in Congress on a looming fiscal crisis. Both sides are far apart in their negotiations, less than a month before big tax increases and spending cuts are set to take effect.
Republicans Debate Their Political Future
WASHINGTON — The U.S. Republican Party has begun a period of introspection following President Barack Obama’s re-election victory on November 6. Debates about the future of the Republican Party began right after Mitt Romney conceded defeat on Election Night.