Tagged: Fiscal Cliff

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Government
3:53 am
Thu December 13, 2012

Obama, Boehner Star In 'Fiscal Cliff' Negotiations

Originally published on Thu December 13, 2012 10:44 am

Of the 535 members of Congress, not many appear to be in the loop about the "fiscal cliff" negotiations. That makes the rest nervous about having to vote on a bill on short notice despite misgivings about what's in it. But this is often how major deals get accomplished in Washington.

In these budget negotiations, the names Boehner and Obama come up most often — and virtually all the rest are on the outside looking in.

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Agriculture
2:32 am
Wed December 12, 2012

Farm Bill Becomes Fodder In 'Fiscal Cliff' Wrangling

Credit Justin Sullivan / Getty Images
A customer shops for nectarines at a farmers market in San Francisco.

Originally published on Wed December 12, 2012 4:58 am

Among the loose ends that lawmakers would like to tie up before the end of this lame-duck session is the farm bill, which is made up mostly of crop subsidies and food stamps.

The last farm bill expired in September. The Senate has passed a new one; the House has not. Farm-state lawmakers are urging leaders to include a farm bill as part of any budget deal to avert year-end tax increases and spending cuts.

But not everyone thinks that's a good idea.

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Government
5:09 pm
Tue December 11, 2012

Boehner Sends 'Fiscal Cliff' Counteroffer To White House

Credit J. Scott Applewhite / AP
Speaker John Boehner leaves his office Tuesday and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff.

Originally published on Tue December 11, 2012 5:33 pm

The back and forth over the "fiscal cliff" continues: House Speaker John Boehner sent a new counterproposal to the White House on Tuesday that, according to a spokesman for the speaker, aims to "achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs."

Tuesday's offer from Boehner follows his remarks on the House floor in which he called on President Obama to identify what spending cuts the White House will accept as part of a "balanced approach" toward a deal.

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Government
11:27 am
Tue December 11, 2012

Missouri Could Lose $1 Billion Over Fiscal Cliff

Credit Pew Center on the States
The Pew Center on the States breaks down the tax impact of the so-called fiscal cliff on Missouri.

The Washington-based group Federal Funds Information for States reports defense spending cuts could total more than $1 Billion in Missouri if automatic budget cuts are not averted.  Other programs in the state would be hit, too.

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Business & Tech
8:09 am
Tue December 11, 2012

Today's Three Stories To Read About The 'Fiscal Cliff'

Credit Toby Jorrin / AFP/Getty Images
President Obama and House Speaker John Boehner, R-Ohio, at the White House on Nov. 16.

Originally published on Tue December 11, 2012 11:18 am

As we've said now several times, "the White House and congressional leaders continue to talk about taxes, spending cuts and how to avoid the so-called fiscal cliff that arrives at midnight Dec. 31 — when Bush-era tax cuts are set to expire and automatic spending cuts are set to go into effect."

As NPR and others cover the story, we're pointing to interesting reports and analyses. Here are some of the latest.

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Government
7:42 am
Tue December 11, 2012

Kansas Faces Fiscal Cliff

Credit KU / flickr
The University of Campus Kansas in Lawrence seen at sunset. KU would suffer tens of millions of dollars cuts in federal grants if no deal is reached between Congress and President Obama.

Budget negotiations between President Obama and Congressional leaders continue, but if those talks fail, Kansas will see a series of funding cuts that will affect the future of higher education, research, and military bases in the state.

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Government
11:10 am
Fri December 7, 2012

Wind Energy Could Fall Off Fiscal Cliff

Credit humanevents.com

U.S. Representative Mike Pompeo says the fate of a wind energy tax credit could be tied to the so-called fiscal cliff negotiations.

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