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Obama cuts vacation short as 'fiscal cliff' looms
Dec 26, 2012 at 7:28 AM PDT
With a yearend deadline looming before the economy goes over the so-called fiscal cliff, President Barack Obama is cutting short his traditional Christmas holiday in Hawaii, planning to leave for Washington on Wednesday evening.

AP: US economy could handle short fall over 'cliff'
Dec 26, 2012 at 7:13 AM PDT
The economic threat that's kept many Americans on edge for months is nearing reality - unless the White House and Republicans cut a budget deal by New Year's Day.

Over the fiscal cliff: Soft landing or dizzy dive?
Dec 24, 2012 at 8:42 PM PDT
A look at why it's so hard for Republicans and Democrats to compromise on urgent matters of taxes and spending, and what happens if they fail to meet their deadline.

Over the fiscal cliff: Soft landing or dizzy dive?
Dec 24, 2012 at 11:07 AM PDT
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break. "God only knows" how a deal can be reached now, House Speaker John Boehner declared.

Senators fear that country may go over 'fiscal cliff'
Dec 23, 2012 at 10:06 AM PDT
Senators bickered Sunday over who's to blame for lurching the country toward a year-end "fiscal cliff," bemoaning the lack of a deal days before the deadline but bridging no differences in the debate.

Over the fiscal cliff: Soft landing or dizzy dive?
Dec 22, 2012 at 1:31 PM PDT
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break. "God only knows" how a deal can be reached now, House Speaker John Boehner declared.

Don't be fooled by January pay - higher taxes loom
Dec 22, 2012 at 9:02 AM PDT
Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled by the temporary reprieve.

Still time to dodge the cliff, Obama, Boehner say
Dec 21, 2012 at 2:52 PM PDT
With Congress in gridlock and stocks taking a fall, President Barack Obama issued a stern summons to lawmakers Friday to pass legislation to prevent year-end fiscal cliff tax increases on millions and avoid an imminent expiration of benefits for the...

Fiscal cliff poses tiny dollar gap, wide political ravine
Dec 21, 2012 at 7:55 AM PDT
When it comes to resolving their "fiscal cliff" impasse, the dollar gap between President Barack Obama and House Speaker John Boehner is tiny in federal terms. That masks a monumental political ravine the two men must try to bridge.

House GOP puts off vote on 'Plan B'
Dec 20, 2012 at 5:31 PM PDT
Confronted with a revolt among the rank and file, House Republicans abruptly put off a vote Thursday night on legislation allowing tax rates to rise for households earning $1 million and up, complicating attempts to avoid a year-end "fiscal cliff"...

Obama: He and Boehner 'pretty close' to a deal
Dec 19, 2012 at 8:17 AM PDT
Optimistic despite a tightening deadline, President Barack Obama says he and Speaker John Boehner are "pretty close" to a grand fiscal deal that would avoid a first-of-the-year shock to the economy, but says congressional Republicans "keep on...

Shutting down the house: 'Jersey Shore' ending run
Dec 18, 2012 at 7:37 AM PDT
After three years and six seasons of boozy, rowdy wrecktitude, "Jersey Shore" concludes its MTV run Thursday at 10 p.m. EST.

Fiscal cliff efforts ongoing, Boehner offers plan
Dec 18, 2012 at 7:23 AM PDT
President Barack Obama and House Speaker John Boehner pushed ahead on negotiating a broad deal to avert the "fiscal cliff," even as the GOP leader readied a backup plan Tuesday to pressure the White House with little time left to avoid a double hit on the economy.

Dems signal Obama flexibility on spending in talks
Dec 17, 2012 at 9:10 AM PDT
Republican House Speaker John Boehner is offering to let taxes rise on wealthy Americans' investment income and dividends as part of a deal to avert the "fiscal cliff," officials said Monday amid signs that President Barack Obama is ready to make a...

Millions face higher taxes real soon without fix
Dec 16, 2012 at 9:09 AM PDT
Millions of families and businesses will get hit by big tax increases a lot sooner than many realize if Congress and the White House don't agree on a plan to skirt the year-end fiscal cliff of higher tax rates and big government spending cuts. In...