December 28, 2012 Seeking to avert automatic spending cuts and tax increases that are set to take effect on Jan. 1, President Obama and the four senior leaders of Congress huddled at the White House today.
December 28, 2012 President Obama and congressional leaders will meet this afternoon. There's not much talk about a deal being reached that bridges their differences over taxes and spending. But at least a few lawmakers are still optimistic.
December 27, 2012 President Barack Obama will meet with the four leaders of Congress Friday, to discuss a possible deal that would avoid automatic spending cuts and tax increases in the new year.
December 27, 2012 President Obama has returned to Washington. The Senate is back in session. House Republicans have said they're willing to talk. But with just a few days to go, both sides are saying the other will be at fault if automatic tax hikes and spending cuts aren't averted.
December 26, 2012 The president's coming back to the White House from his vacation. But that was expected. Senators are returning to the Capitol, but don't seem to be in a hurry. And House members haven't yet been told to get back to work. Many signs point to a partial deal, if that, before the New Year's Eve "deadline."
December 24, 2012 With several things to worry about — including the possibility of automatic tax increases and spending cuts — it appears American consumers weren't in the cheeriest of holiday spirits on the last weekend before Christmas. Shoppers were out, but analysts say their spending was subdued.
December 22, 2012 The House speaker is trying to emerge from a blow from his own party. But if John Boehner can pull off a bipartisan agreement to avert the fiscal cliff, he could come out of this better off.
December 21, 2012 In a news conference Friday, the president said both parties would have to work together in the next 10 days to prevent a tax hike on middle-class Americans.
December 21, 2012 On this morning after he couldn't get fellow Republicans to support his "Plan B" for avoiding the year end "fiscal cliff" of automatic tax increases and spending cuts, House Speaker John Boehner said it's clear Democrats "run Washington." But the GOP will continue to negotiate, he said.
December 21, 2012 With the collapse of House Speaker John Boehner's "Plan B," there's renewed talk about the likelihood that the end-of-year tax hikes and automatic spending cuts will not be avoided. A dive off the so-called fiscal cliff could hit the economy hard. But it also could force compromise in the new year.
December 20, 2012 House Speaker John Boehner said the House did not have enough support for the bill, which deals with the tax portion of the fiscal cliff.
December 20, 2012 As the outlines of a deal have taken shape, both sides have been trying to show supporters that they're hanging tough. So today's vote on a GOP plan could be a bit of political theater that helps push the federal government over that so-called cliff and an important step toward compromise.
December 19, 2012 With the so-called fiscal cliff looming, President Obama argued Wednesday that he's gone "at least halfway" in meeting Republicans' demands. Now, he said, some in the GOP may just be resisting a deal because they find it hard to "say yes to me."
December 19, 2012 While negotiations go on behind the scenes, the two sides continue to talk in public about problems they have with each other's ideas.