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Fiscal Cliff (2013)

A collection of news and information related to Fiscal Cliff (2013) published by this site and its partners.

Top Fiscal Cliff (2013) Articles

Displaying items 23-33
  • Senate leaders launch shutdown talks; GOP, White House at impasse

    Senate leaders launch shutdown talks; GOP, White House at impasse
    WASHINGTON — As talks over how to end the government shutdown and avert a default on the debt collapsed Saturday between House Republicans and the White House, the Senate's top leaders launched their own negotiations to find a last-ditch compromise,...
  • Raising debt limit: Treasury's Lew warns Congress it's risky to delay

    Raising debt limit: Treasury's Lew warns Congress it's risky to delay
    WASHINGTON -- As the nation fast approaches its debt limit, Treasury Secretary Jacob J. Lew on Tuesday issued his strongest warning yet to Congress about the economic consequences of waiting until just before the deadline to pass an increase. "Trying to...
  • Federal deficit shrinking, but long-term outlook dim

    Federal deficit shrinking, but long-term outlook dim
    WASHINGTON – The federal deficit has shrunk to its lowest level since 2008, when President Obama won election at the start of the Great Recession, and is on track to decline even more thanks to an improving economy, higher taxes on the wealthy and...
  • Across U.S., bridges crumble as repair funds fall short

    Across U.S., bridges crumble as repair funds fall short
    SCHWENKSVILLE, Pa. — Engineers think that three of the bridges closest to Dave Wisler's home are about ready to collapse. One, a picturesque one-lane structure built in 1893, became so perilous it was closed last summer, and the county doesn't...
  • Government shutdown: A way out for the GOP

    Government shutdown: A way out for the GOP
    Last week, House Speaker John A. Boehner (R-Ohio) and his Republicans declared that they had two clear goals in this fall's battle over federal spending: no government shutdown, and no implementation of Obamacare. As of Tuesday, the GOP had failed on...
  • Standard & Poor's upgrades outlook for U.S. credit rating

    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...
  • Consumer confidence surges to five-year high

    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...
  • Boehner: Bondholders should be paid first if debt limit breached

    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...
  • Consumer spending and personal income climb in March

    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...
  • U.S. might not hit debt limit until October, new study says

    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...
  • L.A. school board restores full school year, full pay

     
    The Los Angeles Unified School District Board of Education on Tuesday swiftly voted to restore a full academic year -- and full pay for employees -- a week after California voters approved a revenue measure that protects schools and universities from...