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By Jim Kuhnhenn, Julie Pace |
December 18, 2012
House Speaker John Boehner said Tuesday that he is readying a backup bill aimed at averting the “fiscal cliff” because President Barack Obama has yet to offer a balanced package of revenues and spending savings that would cut burgeoning federal deficits.
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By STEPHEN OHLEMACHER |
December 4, 2012
Tweaking the way the government measures inflation sounds like an obscure method to help reduce budget deficits, but over time it would lead to significantly lower Social Security benefits while increasing taxes, mainly on low- and middle-income families.
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By Andrew Taylor |
December 3, 2012
Small changes - such as federal workers contributing more toward their pensions - could start producing real changes to the potential $500 billion cliff.
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By Hope Yen |
November 14, 2012
The ranks of America's poor edged up last year to a high of 49.7 million, based on a new census measure that takes into account medical costs and work-related expenses.
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By ANDREW TAYLOR and JULIE PACE,Associated Press |
November 9, 2012
President Barack Obama, laying down his marker for grueling "fiscal cliff" negotiations, said Friday he won't accept any approach to federal deficit reduction that doesn't ask the wealthy to pay more in taxes.
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By ANDREW TAYLOR, NEDRA PICKLER, Associated Press |
November 9, 2012
With tough decisions looming to avoid the so-called fiscal cliff, House Speaker John Boehner made it clear Friday that he's leaving it to President Barack Obama to make the first move.
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By Charles Babington |
October 17, 2012
President Barack Obama and Republican Mitt Romney teed up the last three weeks of the presidential election as a question of which man voters can trust to improve the economy.
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By Hope Yen |
September 20, 2012
Americans are on the move again after putting their lives on hold and staying put. More young adults are leaving their parents' homes to take a chance with college or the job market, while once-sharp declines in births are leveling off and poverty is slowing.
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By Connie Cass |
September 20, 2012
Just which 47 percent of Americans was Mitt Romney talking about? It's hard to say. He lumped together three different ways of sorting people in what he's called less-than-elegant remarks.
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By Andrew Taylor |
September 10, 2012
When lawmakers return to Washington on Monday, they face big issues, including taxes, spending cuts and the prospect of a debilitating "fiscal cliff" in January. Yet Congress is expected to do what it often does best: punt problems to the future.