Topic: Tax Policy

'Fiscal cliff': Finger-pointing furiously, Congress slouches toward deadline

Speaker Boehner, who called the House back into session Sunday evening, said Thursday it was up to the Senate to act, while majority leader Reid spoke on the Senate floor of a 'dysfunctional' GOP caucus.

Fiscal cliff? Here are ways to cushion your fall.

Higher taxes and federal spending cuts would begin to hit all Americans Jan. 1. Here are ways to cope with the 'fiscal cliff.'

Tax VOX Worst fiscal policy ideas of 2012

TaxVox's Lump of Coal Awards covers a broad swath of fiscal policy missteps for the year.

'Fiscal cliff': Is Washington missing its chance to 'go big'?

President Obama and Congress are preparing to have another go at a deal on the fiscal cliff, but more and more it's looking like an opportunity for something grand to be wasted.

Obama cuts short Hawaiian holiday for fiscal cliff negotiations

With fiscal cliff negotiations still at a standstill, President Barack Obama cut short his family vacation in his home state of Hawaii, and will return to Washington. Congress will reconvene Thursday. 

Egypt's contentious constitution becomes law

After being approved by a 64 percent vote in a referendum, Egypt's Islamist-backed constitution was signed into law by President Mohamed Morsi Wednesday.

Tax VOX Fiscal cliff debate: It's not just the politics that are weird

In trying to reach a compromise on the 'fiscal cliff,' Democrats and Republicans seem determined to protect millions of high-income people from paying more taxes. But the working class could easily end up paying more.

Gloomy predictions as Washington approaches the 'fiscal cliff'

It's still possible that the 'fiscal cliff' with its automatic tax increases and across-the-board spending cuts can be avoided. But the clock is ticking toward Jan.1, and most lawmakers are pessimistic.

Robert Reich Boehner's failure signals marginalization of GOP

If House Speaker John Boehner can't get Republicans to back a tax increase for the richest 0.3 percent of Americans, it has lost its claim to mainstream status.

In 'fiscal cliff' fight, Obama gets better marks than Boehner

President Obama's approval rating is at a three-year high; Speaker Boehner's is at an all-time low, and a majority of Americans view the GOP as too extreme. Is Boehner's position in danger?

Decoder Wire Boehner 'Plan B' flop: Good or bad for President Obama? (+video)

It's natural to think that President Obama might have cheered the collapse of House Speaker John Boehner's Plan B for the 'fiscal cliff.' But the chaos it created might cause bigger problems.

John Boehner plays down setback of his fiscal 'fallback' plan

House Speaker John Boehner acknowledged Friday that too many GOP lawmakers saw his bill, which would have let tax cuts lapse for millionaires, as a tax hike. But the setback won't affect 'fiscal cliff' talks with Obama, he says.

Economist Mom Fiscal cliff Plan C: Let Democrats find compromise. Huh?

Fiscal cliff Plan B is dead. But allowing Senate Democrats and President Obama to negotiate a deal is hardly a step forward in finding bipartisan compromise.

Political bickering over fiscal cliff persists

Congressional leader John Boehner, R-Ohio, was unable to gain sufficient support to push through his 'Plan B' on Thursday. In order to avoid a recession, Boehner and President Obama aim to reach a deal before January. 

Boehner's 'Plan B' vote delayed

House Speaker John Boehner postponed the vote on his 'fiscal cliff' plan Thursday evening as he worked to round up the votes needed for final passage.

Robert Reich Fiscal cliffhanger: Obama's unwise concessions

President Barack Obama has returned to making premature and unnecessary concessions to Republicans in the fiscal cliff debate, Reich writes.

Stocks edge up as investors await fiscal cliff deal

Stocks ended higher Thursday despite fiscal cliff uncertainty weighing on stock traders' minds.

Tax VOX Fiscal cliff could impact low-income families the most

The fiscal cliff debate thus far leaves the most vulnerable families quite close to the edge, Maag writes.

Decoder Wire What counts as a tax hike? Not Boehner 'fallback' plan, says antitax group

Lawmakers who vote to let tax cuts lapse for millionaires would not be violating an antitax pledge, says a group led by activist Grover Norquist. House Speaker John Boehner has put forward such a bill, stirring fury of other conservatives.  

Stocks sink as budget deadline nears

Stocks closed down on Wall Street as a year-end deadline nears with no deal in hand to cut the US government's budget deficit. Telecommunications stocks and health care stocks fared the worst.

Tax VOX What changing the consumer price index would mean for taxpayers

John Boehner's fiscal 'Plan B': What is it for and can it pass?

With a 'fiscal cliff' deal appearing closer than ever, Boehner offered up a fallback 'Plan B.' It seems designed to make Democrats uncomfortable and provide cover for Republicans ... if they pass it.

Stocks move higher as budget talks progress

Stocks rose Monday as signs of fiscal cliff progress in Washington made their way to Wall Street. Stock traders paused for a minute of silence at 9:15 a.m. EST to remember those killed in a gunman's rampage through a Connecticut elementary school.

Opinion: 'Fiscal cliff' cuts to job training for young people would cost taxpayers dearly

Because of the 'fiscal cliff' John Boehner and other lawmakers are looking to cut spending. But failing to prioritize successful programs in education and job training for young people would cost taxpayers more in the long-run. America should be expanding, not defunding, those investments.

Decoder Wire Amid Newtown grief, will a 'fiscal cliff' deal quietly get done?

While the nation is focused on the shootings in Newtown, Conn., lawmakers appear to be nearing an agreement on the fiscal cliff – and may settle the matter without fight or fanfare.