The latest news on fiscal cliff
A determined minority of lawmakers that can’t get its way through elections or the normal budget process can hold the economy hostage over the debt limit.
WASHINGTON (AP) — House Speaker John Boehner accused President Barack Obama of being so resistant to curbing federal spending that he risks an agreement to avoid the "fiscal cliff" of wide-ranging tax increases and spending cuts that will be automatically triggered in less than three weeks.
The president's bully pulpit and media platform give him the advantage in the court of public opinion.
Along with tax increases come job losses and reductions in services.
One poll shows that as the fiscal cliff approaches, investors' moods are beginning to sour .
Boehner may be looking for more than just a tax deal in fiscal cliff talks.
The standoff in Washington is curtailing profits, spending and hiring.
Rep. Chris Van Hollen said Speaker John Boehner is purposefully pushing off a fiscal cliff deal to save his own political skin.
WASHINGTON (AP) — Despite an intensifying pace, little progress is being reported in talks on averting automatic spending cuts and tax increases that economists fear could send the U.S. economy off a "fiscal cliff."
President's advisers insist he has the high ground on the fiscal cliff and, eventually, immigration reform.