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Geithner's new debt-limit estimate: Mid-February to early March
WASHINGTON -- Treasury Secretary Timothy F. Geithner told Congress Monday that the U.S. would exhaust its special measures to avoid breaching the nation's debt limit sometime between mid-February and early March. In updating an earlier estimate of...
Tags: U.S. Congress, Politics, Timothy Geithner, John Boehner, Republican Party
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Obama's hard sell on the debt ceiling
President Obama wasn't kidding when he said last September that he'd make a lot more use of the bully pulpit if he were reelected. On Monday, he held a news conference to lecture House Republicans about fiscal responsibility and the debt ceiling, a lesson...
Tags: U.S. Congress, Economy, Business and Finance, Physical Fitness and Exercise, Republican Party, POLITICO LLC
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Could food stamps be part of 'fiscal cliff' solution?
Negotiators in Washington like to say “everything is on the table” as they struggle to meet a year-end budget deadline. But the irony is that while looking for the big-ticket solution to avoid the automatic cuts and tax increases of the...
Tags: U.S. Senate, Supplemental Nutrition Assistance Program, Politics, U.S. Congress, James Rainey
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GOP suggests Medicare, Social Security cuts for 'fiscal cliff' deal
WASHINGTON -- The Senate’s top Republican suggested specific cuts to popular safety-net entitlement programs – Medicare and Social Security – as the kind of proposals his party wants on the table in talks with the White House over the...
Tags: Dick Durbin, Democratic Party, Republican Party, The Wall Street Journal, Medicare
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Bernanke urges Congress to raise the debt limit
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke on Monday warned Congress that it needed to raise the debt limit so the U.S. could pay its bills and not face default, which he said would be “very, very costly to our economy.” Speaking...
Tags: Ben Bernanke, U.S. Congress, Economy, Business and Finance, Republican Party, U.S. Department of the Treasury
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House GOP seeks to win by losing on the debt ceiling
In one nimble move, House Republicans on Friday appear to have extricated themselves from a self-made political trap that threatened the U.S. economy -- and their hold on the House. The trap was the hard-line position many House Republicans had taken on...
Tags: Credit and Debt, U.S. Congress, Health Insurance, Republican Party, Jodie Foster
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Boehner's 'Plan B' isn't the deal, but it may lead to one
House Speaker John A. Boehner (R-Ohio) is unusually concise for a politician, but the statement he made in front of the TV cameras Wednesday afternoon was terse even by his standards. He spent less than a minute telling reporters that President Obama's...
Tags: U.S. Congress, Politics, Democratic Party, Plan B (drug), John Boehner
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'Fiscal cliff' deal closer as Obama-Boehner talks accelerate
WASHINGTON — Negotiations to prevent the year-end budget crisis accelerated Monday as President Obama and House Speaker John A. Boehner convened privately at the White House in what was widely regarded as a sign that a deal could be within reach....
Tags: U.S. Congress, Politics, Democratic Party, John Boehner, Republican Party
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Poll says 6 in 10 Americans back tax hike on income over $250,000 [Google+ Hangout]
WASHINGTON -- Six in 10 Americans support a tax increase on annual income of more than $250,000, according to a nationwide poll released Wednesday. Such a hike is the centerpiece of President Obama's efforts to avoid the large automatic tax increases...
Tags: Democratic Party, Republican Party, Elections, Medicare, Social Media
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'Fiscal cliff' will dampen economic growth, Chapman forecast says
The threat of the looming “fiscal cliff” is expected to temper economic growth in the U.S., according to a report released by Chapman University economists Wednesday. In its quarterly forecast, Chapman economists set out a moderate view of...
Tags: Labor Markets, Money and Monetary Policy, European Debt Crisis, Politics, Productivity
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Top Democrat urges progressives to deal on 'fiscal cliff'
This post has been updated and corrected, as indicated below.WASHINGTON – A top Democrat pressured fellow progressives Tuesday to support – rather than fight – a far-reaching budget deal that includes cuts to entitlement programs after resolving the upcoming fiscal cliff. “We can't be...Tags: Dick Durbin, Democratic Party, Republican Party, Social Sciences, Jay Carney
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Bond-rating agency sees fork in road for California finances
PolitiCalA leading bond-rating agency outlined on Friday a stark choice for California voters -- approve higher taxes for a "striking improvement" in state finances, or reject them and send the state back into the red. The analysis from Standard &......
Jan 14, 2013
|Story| Los Angeles Times
Jan 14, 2013
|Story| Los Angeles Times
Dec 1, 2012
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Dec 1, 2012
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Jan 14, 2013
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Jan 18, 2013
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Dec 19, 2012
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Dec 17, 2012
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Nov 28, 2012
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Nov 28, 2012
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Nov 27, 2012
|Story| Los Angeles Times
Sep 14, 2012
| Los Angeles Times
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