Democrats split on scope of tax code overhaul
WASHINGTON (Reuters) – The top Democrat on the Senate’s tax committee on Tuesday veered slightly from President Barack Obama’s call for quick tax code fixes to avert looming budget cuts, reflecting a split among Democrats on the scope of a possible tax…
Obama urged to reject tying immigration reform to border security
WASHINGTON (Reuters) – Immigration reform advocates urged President Barack Obama on Tuesday to reject congressional proposals that would delay a path to citizenship for undocumented immigrants by making changes contingent on stepped-up border security….
Social Security, health spending to hit $3.2 trillion a year
WASHINGTON (Reuters) – Spending on Social Security and healthcare will double to $3.2 trillion a year over the next decade, threatening a sharp rise in national debt unless Congress acts to avoid the danger, congressional researchers warned on Tuesday….
Romney arrives at White House for lunch with Obama
WASHINGTON (Reuters) – Former U.S. Republican presidential candidate Mitt Romney arrived at the White House on Thursday for private talks with President Barack Obama, their first meeting since this month’s election.
Boehner sees no fiscal cliff progress after Geithner meeting
WASHINGTON (Reuters) – House of Representatives Speaker John Boehner said there was no progress on Thursday in “fiscal cliff” talks with U.S. Treasury Secretary Timothy Geithner and criticized President Barack Obama and Democrats for failing to “get se…
No "substantive" progress made on fiscal cliff: Boehner
WASHINGTON (Reuters) – House Speaker John Boehner said on Thursday that no substantive progress has been made to avoid the “fiscal cliff” of spending cuts and tax hikes that will start to go into effect early next year if Washington does not act.
Senators push Obama to propose clean gasoline rules
WASHINGTON (Reuters) – A group of Democratic senators on Thursday will urge the Obama administration to propose rules to cut smog-forming emissions from gasoline, regulations opposed by many Republicans.
Geithner set for talks on cliff; senator sees "standoff"
WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner, President Barack Obama’s chief negotiator in talks to avert the “fiscal cliff,” will meet with Congressional leaders on Thursday amid signs that the market-rattling uncertainty about the outco…
After election, pressure grows on Obama in Asia-Pacific trade talks
WASHINGTON (Reuters) – U.S.-led talks on a free-trade pact in the Asia-Pacific region are entering a potential make-or-break stage, putting pressure on President Barack Obama and other leaders to sacrifice sensitive domestic interests for a big deal to…
At White House, CEOs offer support for higher tax rates
WASHINGTON (Reuters) – Chief executives from corporations such as Goldman Sachs and Deloitte LLP met with President Barack Obama on Wednesday and offered support for resolving U.S. fiscal problems with an approach that included higher tax rates for wea…
