The Obama administration, which appears to have the upper hand in its tax-the-rich fight, also seeks to make it harder for Congress to intervene when it comes to the national debt ceiling. That comes up again in early 2013.
Secretary of State Hillary Clinton is more popular than she's ever been – and might well clear the Democratic field, were she to officially enter the 2016 presidential race.
The GOP and President Obama have long disagreed over taxes for the rich. Although there are signs of potential movement with the fiscal cliff looming, there are also reasons it might not happen.
Hiring private contractors to repair homes quickly, New York responds to disaster relief in its own entrepreneurial way. Will the city be able to get people back in their homes before year's end?
As homeowners consider long-term solutions for superstorm Sandy damage, they may have to raise foundations – or move. Some flood experts say the latter may be the wiser course of action.
House of Representatives Speaker John Boehner hopes to avoid the fiscal cliff by closing loopholes and deductions. President Obama suggested that only by completely eliminating charitable tax deductions could the Republicans increase revenues sufficiently without also increasing taxes on the wealthy as he would like to do.
President Obama and House Speaker John Boehner disagree about whether tax rates on the top two percent of earners should go up. The White House says, 'yes' and Republicans say, 'no'. Most Americans don't think the two sides will reach an agreement by January 1, according to a recent poll. But others are more optimistic.
Former Sen. Bob Dole visited the Capitol Tuesday. His brand of conservatism – leaning more toward pragmatism and compromise – may be gaining some ground amid the fiscal cliff standoff.