Lawmakers managed to avoid driving the United States over the so-called fiscal cliff with a late-night vote Tuesday. But higher taxes and brinksmanship in Washington are likely to sap strength from the fragile economy well into 2013.
Lawmakers managed to avoid driving the United States over the so-called fiscal cliff with a late-night vote Tuesday. But higher taxes and brinksmanship in Washington are likely to sap strength from the fragile economy well into 2013.
WASHINGTON (Reuters) - In a turnabout from a year ago, some Republican lawmakers say they are open to backing President Barack Obama's proposal to extend the payroll tax cut for a third year, possibly bringing the sides closer to a deal to avoid the fiscal cliff. Last year Speaker John Boehner, the leading Republican in the House of Representatives, suffered through a revolt by ultra ...
WASHINGTON - The White House is seeking $1.6 trillion in higher taxes over a decade and an immediate infusion of funds to aid the jobless, help hard-pressed homeowners, and perhaps extend the expiring payroll tax cut, officials said Thursday as talks aimed at averting an economy-rattling fiscal cliff turned testy.
WASHINGTON - The White House is seeking $1.6 trillion in higher taxes over a decade and an immediate infusion of funds to aid the jobless, help hard-pressed homeowners and perhaps extend the expiring payroll tax cut, officials said Thursday as talks aimed at averting an economy-rattling "'fiscal cli
The White House is seeking $1.6 trillion in higher taxes over a decade and an immediate infusion of funds to aid the jobless, help hard-pressed homeowners and perhaps extend the expiring payroll tax cut, ...
The White House is seeking $1.6 trillion in higher taxes over a decade and an immediate infusion of funds to aid the jobless, help hard-pressed homeowners and perhaps extend the expiring payroll tax cut, ...
WASHINGTON - The White House is seeking $1.6 trillion in higher taxes over a decade and an immediate infusion of funds to aid the jobless, help hard-pressed homeowners and perhaps extend the expiring payroll ...
By Alan Wheatley, Global Economics Correspondent LONDON (Reuters) - The last employment report before the U.S. presidential election is likely to have something for everyone - for those...