Obama Plans "fiscal Cliff" Statement As Showdown Looms

WASHINGTON (Reuters) - President Barack Obama will join the battle over the U.S. "fiscal cliff" on Friday for the first time since voters gave him a second term in office, setting the stage for a showdown with congressional Republicans over sharp tax hikes and spending cuts slated to take effect early next year.

BING NEWS:
  • America’s fiscal outlook is disastrous, but forgotten
    At the start of this fiscal hullabaloo, in 1992, America’s net debt amounted to 46% of GDP. Today it has reached 96% of GDP. For the past five years, under first Donald Trump and then Joe Biden, the ...
    05/1/2024 - 11:33 pm | View Link
  • COMMENTARY: The fiscal cliff
    New economic projections warn that U.S. debt, $34.4 trillion, will reach 107 percent of the nation’s gross domestic product in five years.
    04/26/2024 - 12:32 pm | View Link
  • Showdown over DC budget could lead to another clash with Congress
    When D.C. Mayor Muriel Bowser presented next year’s budget to the D.C. Council, she included $500 million in cuts to services, as well as some tax increases. Bowser said part of the reason she was ...
    04/22/2024 - 8:59 am | View Link
  • How Barack Obama Might Have Destroyed America
    The Senate Republicans messed up Boehner’s carefully laid plans when they offered additional ... Washington can move the United States toward long-term fiscal solvency. Alas, just as with ...
    05/5/2023 - 1:04 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News