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Creating A Fiscal Compromise That Works
After President Obama was elected to his first term as a U.S. President in 2008, he faced a plunging stock market, a shattered housing market, financial and auto sectors on the brink of collapse, and...
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How Did America Get To The Fiscal Cliff?
U.S. politicians will return to Capitol Hill on Tuesday in Washington D.C. to address the simmering budget battle related to the “fiscal cliff” that has garnered immediate attention in global markets...
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Fiscal Cliff Anxiety
Washington, D.C. Equities are heading lower in early trading after Wall St. continues to digest the comments yesterday from Sen. Harry Reid (D. Nev.) about little progress being made with U.S. budget...
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Fiscal Cliff Ahead: It’s Time To Get Serious
As Republican and Democratic lawmakers on Capitol Hill dig in their heels and scramble to work out a final compromise before the looming “fiscal cliff” at the end of December, Americans are left...
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Small Steps Made To Avoid The Fiscal Cliff
Over the week-end Republican House Speaker John Boehner (R-Ohio) took an important step in “fiscal cliff” talks with the White House and inched towards the direction of President Obama’s initial...
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Defiant Boehner Will Ask Congress To Vote On “Plan B”
Washington D.C. Fears of a political stalemate and budget impasse over the looming “fiscal cliff” between Republicans and Democrats concerning key fiscal policy issues have renewed some jitters in the...
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Moving Closer To The “Fiscal Cliff”
Washington, D.C. Following House Speaker John Boehner’s failed emergency meeting last Thursday evening for “Plan B,” which would have extended tax cuts on incomes below $1 million and increased...
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Maneuvering For Common Ground On The Fiscal Cliff
Secretary of the the Treasury Timothy Geithner said on Wednesday the U.S. government will hit its legal borrowing limit of $16.4 trillion on Monday, triggering “extraordinary” measures to be taken by...
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Obama: “We’re Now At The Last Minute”
Washington D.C. President Obama met with House and Senate leaders on Friday afternoon in a last minute meeting aimed at resolving a political stalemate over how to resolve the federal budget impasse...
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House Votes to Pass Senate Budget Compromise; Fiscal Cliff Averted
Washington D.C. Following the end of an unusual New Year’s Day on Capitol Hill that saw more political gridlock over the widely covered fiscal showdown over whether Congress should approve a freshly...
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