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By Melanie Waddell, AdvisorOne |
February 26, 2013
Meanwhile, Fed Chairman Ben Bernanke said the cuts would cause a 0.6 percentage-point drag on growth this year, and Speaker Boehner said senators should "get off their ass" and pass a replacement.
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By Melanie Waddell, AdvisorOne |
February 25, 2013
As the nation braced for the $85 billion in sequestration cuts to kick in on March 1, Joe Lieber of Washington Analysis laid out the “numerous tools available” to blunt sequestration’s impact.
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By Melanie Waddell, AdvisorOne |
February 6, 2013
President Barack Obama urged Congress Tuesday to delay the looming sequestration cuts by passing a package of both spending cuts and tax hikes, but reports said Wednesday that Obama’s plan was DOA in the House.
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By Gil Weinreich, AdvisorOne |
January 14, 2013
President Obama dispelled any doubt Monday as to whether the fiscal fight over government spending is going to be bare-knuckled.
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By ALAN FRAM, Associated Press |
January 2, 2013
House passes Senate bill, 257-167, shortly before midnight, sending legislation to President Barack Obama to sign.
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By Andrew Taylor, Associated Press |
January 1, 2013
Legislation to negate a fiscal cliff of across-the-board tax increases and sweeping spending cuts to the Pentagon and other government agencies is headed to the GOP-dominated House after bipartisan, middle-of-the-night approval in the Senate.
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By Marlene Y. Satter, AdvisorOne |
December 28, 2012
Speaker of the House John Boehner called for Congess to reconvene on Sunday.
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By Gil Weinreich, AdvisorOne |
December 27, 2012
The issue is how Americans spend money, but rational analysis has been absent from our political discourse. Only pain will prompt appropriate aversion to consuming more than our resources allow.
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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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By SARAH DiLORENZO, Associated Press Business Writer |
December 21, 2012
Without an agreement, the U.S. economy will fall off the so-called fiscal cliff on Jan. 1 when Bush-era tax cuts expire and spending cuts kick in automatically.