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| Thursday, Dec 27, 2012 08:15 PM EST | |
| Obama holds talks on economy deal Thu, 27 Dec, 2012 05:13 PM PST US President Barack Obama has asked congressional leaders to convene at the White House for last-minute talks on a "fiscal cliff" deal that avoids automatic tax increases and broad spending cuts that threaten the economy's nascent recovery, the Senate's top Republican announced. Obama, congressional leaders to hold meeting to try to avert 'fiscal cliff' Thu, 27 Dec, 2012 05:13 PM PST The meeting would be the first time President Barack Obama has huddled with all four congressional leaders since Nov. 16 and would represent that last hope for a deal before the new year. House Republicans say resigned to tax hike in fiscal cliff reuters.com Thu, 27 Dec, 2012 05:13 PM PST WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives are resigned to seeing some sort of income tax increase in legislation to avoid a "fiscal cliff," but such efforts could be doomed in the absence of spending cuts, some Republican lawmakers say. Congress and President Barack Obama are gearing up for a last-ditch attempt to avoid $600 billion in tax increases and spending ... Stormin' Norman Schwarzkopf dies Thu, 27 Dec, 2012 05:09 PM PST Retired US General H Norman Schwarzkopf, who commanded the international coalition that drove Saddam Hussein's forces out of Kuwait in 1991, has died. He was 78. Related Stories Jailed Mubarak returned to hospital EU's Van Rompuy in reform warning Reagan's Falklands plea to Thatcher USSR 'used civilian planes to spy' Obama holds talks on economy deal UPDATE: Obama invites congressional leaders to cliff talk Thu, 27 Dec, 2012 05:08 PM PST President Barack Obama returned early from a Hawaiian vacation while lawmakers snarled across a partisan divide, leaders in each party blaming the other for an episode of government gridlock that threatens the economy with a new recession. Read more Obama, congressional leaders to meet to avoid 'fiscal cliff' Thu, 27 Dec, 2012 05:08 PM PST WASHINGTON â" President Obama has invited congressional leaders to the White House to try to salvage negotiations to avoid the âfiscal cliffâ just days before nearly all taxpayers are due to see their taxes rise. Obama invites congressional leaders to cliff talk Thu, 27 Dec, 2012 05:05 PM PST A deadline looming, President Barack Obama will meet with congressional leaders at the White House on Friday in search of a compromise to avoid a year-end "fiscal cliff" of across-the-board tax increases and deep spending cuts. McConnell: Obama to meet Hill leaders on Friday Thu, 27 Dec, 2012 05:04 PM PST WASHINGTON (AP) - The Senate's top Republican says President Barack Obama has asked congressional leaders to convene at the White House for last-minute talks on a deal that avoids automatic tax increases and broad spending cuts. Senate Minority Leader Mitch McConnell says the leaders are expected to meet with the president Friday, just four days before the government goes over the so-called ... US EPA Administrator Jackson announces resignation Thu, 27 Dec, 2012 05:01 PM PST US EPA Administrator Lisa Jackson, the Obama administration's chief environmental watchdog, is stepping down after nearly four years marked by high-profile brawls over global warming pollution, the Keystone XL oil pipeline, new controls... Fiscal cliff battle heats up, White House meeting Friday yahoo Thu, 27 Dec, 2012 05:00 PM PST WASHINGTON (AFP) - US President Barack Obama will host top congressional leaders including his bitter Republican rivals on Friday in a last-ditch bid to halt America's slide over the so-called "fiscal cliff." | |
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