Related Content: Democrats

Obama and Boehner Diverge Sharply on Fiscal Plan

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Hopes for a broad deficit-reduction agreement faded on Wednesday as President Obama insisted he had offered Republicans “a fair deal” while Speaker John A. Boehner moved for a House vote as early as Thursday on a scaled-down plan to limit tax increases to yearly incomes of $1 million and up, despite Senate opposition and Mr. Obama’s veto threat.

Fault Lines Also Appearing On Democratic Side In Fiscal Debate

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For weeks, Democrats in Congress have been relishing the division and sniping within Republican ranks over whether to raise tax rates. But as negotiations over the budget crisis wear on and shift to a debate over spending cuts, the tables are turning.

Democratic group to offer tax plan with huge payoff

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Democratic luminaries with ties to the Obama and Clinton administrations, including two former Treasury secretaries and two former White House chiefs of staff, on Tuesday will enter the tax debate with an overhaul plan that would raise an additional $1.8 trillion in the first decade.

November 30, 2012

Weekly Show

Fiscal cliff negotiations between Congress and the White House have reached a standstill as both sides clash over spending cuts and tax increases. Also, the potential nomination of Susan Rice to succeed Hillary Clinton as Secretary of State has left Obama and Republicans at a political stalemate.  Joining Gwen: Gloria Borger, CNN; Michael Viqueira, NBC News; Susan Davis, USA Today.

 

Obama makes fresh demands on ‘fiscal cliff’

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President Obama offered Republicans a detailed plan Thursday for averting the year-end “fiscal cliff” that calls for $1.6 trillion in new taxes, $50 billion in fresh spending on the economy and an effective end to congressional control over the size of the national debt.

Charities fight to keep tax break on donations

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In 2011, the nation's biggest charities swung into action to oppose President Barack Obama using limits on tax deductions to help pay for a jobs bill. Warning that such a move would hurt charitable giving, they prevailed, and Democrats looked elsewhere.

Now touring, the debt duo, Simpson-Bowles

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Theirs is an improbable buddy act that is making for unlikely entertainment from campuses to corporations on a most serious subject: the federal debt. The proof of their appeal: some business groups pay them $40,000 each per appearance. Really. To discuss budgets and baselines.

Cliff notes: Would House Republicans actually vote for a "fiscal cliff" deal that would raise tax rates?

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President Obama is adamant that he will only agree to a “fiscal cliff” solution that raises tax rates on those making over $250,000. The Republicans in the majority in the House of Representatives are adamant that they will not vote for those tax increases—Speaker John Boehner chief among them. I asked a senior House leadership aide the what chances were that Boehner would be able to get a majority of Republicans to vote for a tax increase of any kind: “pretty close to zero.”

Filibuster fight adds drama to 'fiscal cliff' talks

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A brewing side drama between the Senate's Democratic and Republican leaders is testing their relationship as the two navigate tough negotiations on the "fiscal cliff" coming at the end of the year.

Obama meets C.E.O.’s as fiscal reckoning nears

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President Obama extended an olive branch to business leaders Wednesday, seeking their support as he prepared to negotiate with Congressional Republicans over the fiscal impasse in Washington.