Jay Carney

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  Hope Dims for Fiscal Cliff Deal Before Christmas

  By John Sullivan, AdvisorOne  |  December 21, 2012

  A Christmas miracle on the fiscal cliff faltered after House Speaker John Boehner called an abrupt recess for the House, handing responsibility for a deal to President Obama and the Democrats.

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  N.Y. Action on Standard Chartered Surprised Other Regulators

  By Marlene Y. Satter, AdvisorOne  |  August 8, 2012

  Not only was Standard Chartered apparently blindsided by the move, so were federal regulators; negotiations had been ongoing for some time for what the bank hoped would be a quiet settlement.

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  Reid, Boehner Reach Short-Term Spending Deal

  By Andrew Taylor, Associated Press  |  August 1, 2012

  The top Republican and Democrat on Capitol Hill have announced an agreement to keep the government running on autopilot for six months when the current budget year ends on Sept. 30.

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  U.K. Wealth Tax Brought Less Revenue Than Before Tax Hike

  By Gil Weinreich, AdvisorOne  |  February 23, 2012

  Advocates for lower taxes are sure to take the recent poor revenue results in the U.K., which last year raised its top rate on high income earners from 40% to 50%, as a demonstration of the ineffectiveness of a tax-the-rich policy.

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  White House’s Corporate Tax Reform Derided by Republicans, Businesses

  By Gil Weinreich, AdvisorOne  |  February 22, 2012

  The Obama administration has unveiled a framework for corporate tax reform that lowers rates while eliminating loopholes, but the proposal has already met with sharp criticism from Republicans and corporations for proposing a rate higher than the developed-country average.

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  Deficit Supercommittee Fails to Make Deal

  By Melanie Waddell and Marlene Y. Satter, AdvisorOne  |  November 21, 2011

  While not officially declaring defeat, the deficit supercommittee remains in a partisan deadlock and had failed by Monday to reach a deal.