fiscal cliff

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Alan Simpson: Tax Hikes for Rich, or Drinks on Me
 Alan Simpson: 
 Tax Hikes for Rich, 
 or Drinks on Me 
TALK SHOW ROUNDUP

Alan Simpson: Tax Hikes for Rich, or Drinks on Me

Erskine Bowles increasingly confident now that parties 'starting to tango'

(Newser) - It's just another Sunday teetering on the fiscal cliff, with the Hill reporting that both Alan Simpson and Erskine Bowles are indicating that tax hikes for the rich were a foregone conclusion. “I think Erskine and I both agree that if anybody out there who is, quote, rich...

SNL's Obama to GOP: Leave Orange Guy Alone

Boehner ostracized in the cafeteria, caucus took his milk

(Newser) - We have a fiscal cliff deal, and John Boehner has emerged victorious—at least if last night's Saturday Night Live is to be believed. Jay Pharoah's President Obama announced last night that he caved on negotiations, mostly because House Republicans were being really, really mean to Bill Hader'...

Fiscal Cliff Talks Resume
 Fiscal Cliff 
 Talks Resume 

Fiscal Cliff Talks Resume

Boehner staffers meeting with White House staffers

(Newser) - It might be too much to hope for, but it's at least possible that the public harumphing over the fiscal cliff might be nearing an end: With 25 days to go, the Wall Street Journal reports that private talks between staffers of John Boehner and the White House have...

Outmaneuvered GOP Already Defeated on Budget Battle

With public against them, Republicans look for 'orderly surrender': Dana Milbank

(Newser) - Don't be fooled by posturing or rhetoric, Republicans have already lost the fight with President Obama over increasing taxes—the only question is whether they'll admit defeat before the government goes over the "fiscal cliff," writes Dana Milbank in the Washington Post . With Americans ready to...

Next Stop in Obama's Cliff Campaign: a Family Home

Meanwhile, Republicans look ready to deal

(Newser) - Barack Obama will drop in on a middle-class family's Northern Virginia home today, in a campaign stunt designed to drive home the pain such families would feel if their taxes rise next year. The family is one of more than 100,000 to respond to a Twitter request for...

How Republicans Can Avert the Fiscal Cliff
 How Republicans 
 Can Avert the 
 Fiscal Cliff 
david brooks

How Republicans Can Avert the Fiscal Cliff

Ending tax cuts for richest could ultimately benefit GOP: David Brooks

(Newser) - It's time for Republicans to face it: The Bush tax cuts on the richest Americans will have to end. If the "fiscal cliff" isn't avoided, the GOP will get the blame , and leaders in both business and national security will be furious. So they should accept an...

Pelosi to Try to Force Vote on Bush Tax Cuts

Boehner takes GOP 'fiscal cliff' case to the press

(Newser) - Nancy Pelosi will file a motion today to force a vote on Bush-era tax cuts, her office says. The House minority leader's "discharge petition" would aim for a vote this month on extending the cuts for those earning less than $250,000, while ending them for those earning...

Republicans Strike Back With New Budget Plan

Proposal would not raise taxes for wealthy Americans

(Newser) - House Republicans responded to President Barack Obama today, proposing a new 10-year, $2.2 trillion blueprint for avoiding the looming "fiscal cliff." The plan, sent to the White House by House Speaker John Boehner, was unlikely to win Obama's approval, but it does go part way toward...

GOP Considers 'Doomsday' Fiscal Cliff Plan

Meanwhile, Pelosi planning her own end-run

(Newser) - With fiscal cliff negotiations going, in John Boehner's words, "nowhere," Republicans are considering what ABC News correspondent Jon Karl calls a "doomsday" contingency plan. Under the plan—which Karl's sources say "is becoming the most likely scenario"—the House would approve extending the...

Boehner Blasts White House: &#39;Can&#39;t Be Serious&#39;
 Boehner Blasts 
 White House: 
 'Can't Be Serious' 
SUNDAY TALK SHOWS

Boehner Blasts White House: 'Can't Be Serious'

Geithner says no deal without tax hikes

(Newser) - John Boehner is still grousing about the White House's opening bid in the fiscal cliff talks, lambasting it this morning as a "non-serious proposal" in a pre-taped interview with Fox News, picked up by Politico . "I was just flabbergasted. I looked at (Tim Geithner) and I said:...

Changing Rules on Debt Ceiling Is a Genius Idea
Changing Rules on
Debt Ceiling Is a Genius Idea
OPINION

Changing Rules on Debt Ceiling Is a Genius Idea

Matthew Yglesias: Last year's showdown set dangerous precedent

(Newser) - One of the proposals being floated by the White House in the fiscal cliff talks is to change the rules on the federal debt ceiling. The White House, any White House, would no longer need congressional approval to go above the ceiling. "It's a great idea,"...

GOP Hates Obama's Opening Offer

The fiscal cliff talks are under way

(Newser) - Details are emerging on Treasury secretary Tim Geithner's trek to Capitol Hill today to present the White House's wish list in the fiscal cliff talks, a move that "in some sense amounts to a formal start of negotiations," reports the Wall Street Journal . The short version...

Grand Bargain Is Impossible, Dangerous

Matthew Yglesias on the inanity of the fiscal cliff talks

(Newser) - Back during the Bush years, the faction in Congress advocating a "grand bargain" on America's long-term budget deficit was "an amusing curiosity," writes Matthew Yglesias over at Slate . But with the fiscal cliff looming, "they've become actively dangerous." The only way to avoid...

On Fiscal Cliff, Dems and GOP Closer Than They Look

But mortgage interest deduction might be a casualty

(Newser) - Depending on who you ask, the fiscal cliff confrontation in Washington is either a massive standoff, or a massive mirage. "It is not going to happen soon," John Barrasso, the Senate's fourth-ranking Republican said yesterday. But top officials tell Politico that behind the scenes John Boehner and...

Obama Wants You to Tweet Congress on Fiscal Cliff

He's even got a hashtag

(Newser) - President Obama is enlisting social media to help him in negotiations with Republicans on the fiscal cliff. The president today asked people to tweet their congressional representatives to urge them to preserve middle-class tax cuts, and he even provided a hashtag: #My2k. “If there’s one thing that I’...

Powerball Winner, Watch That Fiscal Cliff

 Powerball 
 Winner, 
 Watch That 
 Fiscal Cliff 
$500M and counting

Powerball Winner, Watch That Fiscal Cliff

You'll want to take the lump sum, say advisers

(Newser) - Tomorrow's Powerball payoff is now $500 million, reports AP , and it should end up even higher given how fast tickets are selling. Should you find yourself an instant member of the 1%, MarketWatch has some advice: Take the lump sum, which currently would be about $327 million. That's...

Nude AIDS Activists Invade Boehner's Office

Three women arrested

(Newser) - Seven protesters showed up at John Boehner's office wearing nothing but their birthday suits today to voice their support for federal funding to fight AIDS. "Boehner, Boehner, don't be a d---, budget cuts will make us sick," sang the protesters, each of whom had slogans like...

At Fiscal Cliff, a Debt Ceiling Showdown Now Looms

Fiscal cliff debate roaring through Washington

(Newser) - Wrangling at the edge of the fiscal cliff is the main event in Washington right now, and the stakes might be even higher than most people realize. At President Obama's first meeting with John Boehner, he asked him to raise the debt ceiling before the end of the year,...

Millions About to Lose Unemployment Benefits

Emergency payouts set to expire at year's end

(Newser) - Millions of Americans may be dreading New Year's Day—because that's when their unemployment benefits are scheduled to expire, reports the Wall Street Journal . Some economists dread it too, saying the federally backed emergency payments help the economy and put food on the table for 2.1 million...

Now Cantor Backing Away From the Pledge

But Norquist says he'll go after anyone breaking it

(Newser) - Eric Cantor joined the ranks of Republicans distancing themselves from Grover Norquist's pledge against raising taxes this morning, signaling that the GOP is willing to put revenue on the table to avert the fiscal cliff. "When I go to my constituents, it's not about the pledge,"...

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