With dramatic, across-the-board “sequestration” cuts slated to take effect Friday, most Americans believe the consequences of those reductions will have a “major effect” on the state of the U.S. economy, according to a new poll by Pew Research Center/Washington Post. But even…
Tag: fiscal cliff
Whatever happened to the Republican opposition? President Obama hasn’t even taken the oath of office for the second time and already the GOP has caved on the fiscal cliff, the prospect of immigration reform, and Sandy relief. Oh, and their…
Despite a bruising fiscal cliff battle that managed to set the stage for an even more heated showdown that will likely take place in a matter of months, President Barack Obama is planning to move full steam ahead with the…
President Obama met with reporters today after his much anticipated Fiscal Cliff meeting with Congressional leaders. And based on the President’s tone, a deal is still far from complete. “I still want to get this done,” the President said, signaling that…
Sounds like we’re going over! Republican House Leader John Boehner played around with this all year. He knew we were quickly approaching a deadline, but instead of working with the President to come to a deal of the Fiscal Cliff,…
Well that was quick. It was over before it even started. Just a few short moments ago, House Republicans defeated their leader, John Boehner, with a resounding NO to his alleged “Plan B.” The vote was supposed to happen tonight didn’t even…
In a statement released by the White House, Communications Director Dan Pfeiffer says President Obama would veto John Boehner’s “Plan B” proposal to extend Bush tax cuts for everyone making up to $1 million: This approach does not meet the…
In the ongoing fiscal cliff chess match playing out on Capitol Hill, Democrats have a message for Republicans: checkmate. Democrats look at the political landscape and see a win whether a deal gets cut now or after the country goes…
Michael Tomasky writes; “The poll comes from the McClatchy News Service and was conducted by Marist. It asked respondents what they would and would not support as part of a grand fiscal bargain. The top-line results are typical: People first and foremost…
So the middle class could continue getting a tax cut come January. This tax cut saves the average family over $2,000.00 a year. The only thing standing in the way of this continued middle class tax cut, is Republicans insisting…
President Obama is crushing John Boehner in the fiscal cliff battle—at least in the polls. An ABC/Washington Post survey out this morning finds 49 percent of those questioned approving of Obama’s handling of the budget negotiations, compared with 42 percent…
President Obama urges Congress to extend the middle class income tax cuts for 98 percent of Americans and 97 percent of small businesses without delay, making it clear that a balanced approach to deficit reduction means that Republicans in Congress…