Highlights
A collection of news and information related to Fiscal Cliff published by this site and its partners.
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Boehner torn between conservative issues and those with broad appeal
WASHINGTON — About once a week, like clockwork, House Speaker John A. Boehner insists in a Capitol news conference that jobs and the economy are the "No. 1 concern" of his GOP majority. But from week to week, there's often another priority in the...
Tags: Mitt Romney, Voting, Benghazi, Immigration Reform Legislation (2013), Abortion
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Live blog: Fed Chairman Bernanke's outlook for the economy
Federal Reserve Chairman Ben S. Bernanke outlines what he expects for U.S. growth in the coming year as the central bank releases its policy statement. He'll also face TV cameras and reporters during a quarterly news conference. Reporters, editors and...
Tags: CNBC (tv network), Stock Activities, Central Bank, Ben Bernanke, Federal Reserve
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Standard & Poor's upgrades outlook for U.S. credit rating
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating. The automatic federal...
Tags: Credit Ratings, Automotive Equipment, Standard & Poor's Financial Services LLC, Ratings, Budgets and Budgeting
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New Jersey Sen. Lautenberg dead at age 89
U.S. Sen. Frank Lautenberg, a multimillionaire New Jersey businessman and the last World War II veteran remaining in the Senate, has died at age 89. His office said Lautenberg died shortly after 4 a.m. EDT on Monday at a New York hospital after...
Tags: Democratic Party, Primaries, Health Treatments, Gun Control, Republican Party
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Consumer confidence surges to five-year high
WASHINGTON -- Consumer confidence surged this month to its highest level in more than five years as optimism increased about the state of the economy and its prospects for the rest of the year, according to a closely watched private barometer released...
Tags: Consumer Confidence, Economic Indicator, Fannie Mae, Consumers
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Federal deficit shrinks at surprising rate
WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...
Tags: Barack Obama, John Boehner, Gross Domestic Product, Public Finance, Eric Cantor
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Boehner: Bondholders should be paid first if debt limit breached
WASHINGTON -- House Speaker John A. Boehner said holders of U.S. government bonds should be paid first if the nation's debt limit is breached, even if that means that China would get preference over the salaries of U.S. troops. Boehner (R-Ohio) defended...
Tags: Peter Cook, Barack Obama, Bonds, Republican Party, White House
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Stock spotlight: Mattel toys with ways to sell more products
Barbie is vacating her pink Malibu mansion and hunting for international digs. Thomas the Tank Engine is being revamped as an even livelier locomotive. Max Steel, the new kid on the block, is marketed as a "modern day tech superhero." The toy brands,...
Tags: Mattel Inc., New Products, Consumer Confidence, Toy Industry, Toys
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Consumer spending and personal income climb in March
WASHINGTON -- Consumers spent more in March even as their income rose less than analysts had projected, a mixed economic message to start a week that will end with the latest government unemployment report. Consumer spending was up 0.2% last month, down...
Tags: Personal Income
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U.S. might not hit debt limit until October, new study says
WASHINGTON -- The U.S. might not hit its debt limit until October because of improved economic growth and higher tax revenue this year, according to a new estimate released Friday. The projection by the Bipartisan Policy Center would give Congress and...
Tags: Budget Control Act of 2011, U.S. Congress, U.S. Senate, Politics, U.S. Department of the Treasury
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IMF lowers global growth forecast, warns of risks to economic recovery
WASHINGTON -- The International Monetary Fund on Tuesday lowered its forecast for global economic growth this year from projections made three months ago, and warned policymakers that they could not relax their efforts as risks to the recovery remain....
Tags: Weather, International Organizations, International Monetary Fund, Politics, Labor Markets
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Remove Medicare's straitjacket
Now that the budget "sequester" is in effect, Congress is shifting its attention to entitlement reform. There's simply no way to achieve long-term reductions in federal spending without touching the big health programs, particularly Medicare. Although...
Tags: Drugs and Medicines, Medicare, Food and Drug Administration, Amgen Inc., Budget Control Act of 2011
Jun 19, 2013
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Jun 19, 2013
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Jun 10, 2013
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Jun 3, 2013
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May 28, 2013
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May 14, 2013
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May 8, 2013
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Apr 29, 2013
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Apr 29, 2013
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Apr 26, 2013
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Apr 16, 2013
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Mar 29, 2013
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