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fiscal cliff

fiscal cliff

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Stocks Rise on Hopes of Avoiding “Fiscal Cliff”

Stocks are closing higher on signs that lawmakers are edging toward a deal that would help the U.S. avoid a fiscal crisis at the end of the year.

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President Obama
President Barack Obama (Julie Denesha, Getty Images)
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Obama Officials, Lawmakers Set for Talks

An administration official says two of President Barack Obama's top negotiators on the "fiscal cliff" will meet separately on Thursday with leading lawmakers.

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(Oli Scarff/Getty Images)
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White House Adding My2K Hashtag To Fiscal Cliff

President Barack Obama is introducing a new hashtag to the fiscal cliff debate.

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Chicago Hosts Job Fair For City Jobs
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New Bump In The Road For NJ’s Long-Term Unemployed [AUDIO]

One hundred twenty thousand Garden State residents, currently collecting federal unemployment insurance benefits, could be cut off at the end of next month because the federal U-I extension program is set to expire December 31st.

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Disconnect Remains as “Fiscal Cliff” Clock Ticks

Republicans' newfound willingness to consider tax increases to avert the "fiscal cliff" comes with a significant caveat: larger cuts than Democrats seem willing to consider to benefit programs like Medicare, Medicaid and the president's health care overhaul.

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President Barack Obama during Asian trip
President Barack Obama during Asian trip (Kaung Htet/Getty Images)
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Obama To Appeal To Public On Fiscal Cliff

President Barack Obama plans to make a public case this week for his strategy for dealing with the looming fiscal cliff, traveling to the Philadelphia suburbs Friday as he pressures Republicans to allow tax increases on the wealthy while extending tax cuts for families earning $250,000 or less.

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Sen. Bob Corker (R-TN)
Sen. Bob Corker (R-TN) (Chip Somodevilla/Getty Images)
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GOP Senator Offers ‘Fiscal Cliff’ Solution [VIDEO]

A GOP senator is jumping into the debate on how to avoid a "fiscal cliff" of tax hikes and automatic spending cuts, advocating a mix of tax increases with curbs on Social Security and Medicare benefits.

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Congress Returns, Looking to Avoid “Fiscal Cliff”

Efforts to avoid the "fiscal cliff" have resumed in Washington following the long holiday weekend.

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Senator Lindsey Graham (R-SC)
Senator Lindsey Graham (R-SC)
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GOP Senator: New Taxes Fair To Consider [VIDEO]

A Republican senator says "it's fair to ask my party to put revenue on the table" as part of the solution to avoid the looming automatic tax increases and across-the-board spending cuts known as the "fiscal cliff."

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Rep. Nancy Pelosi (D-CA)
Rep. Nancy Pelosi (D-CA) (Photo by Alex Wong/Getty Images)
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Pelosi: No Budget Deal Without Tax Rate Hikes

House Democratic leader Nancy Pelosi says she's hopeful lawmakers can come to a deal to avoid a year-end "fiscal cliff" but any agreement has to include tax rate increases for the wealthy.

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