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Fiscal cliff stalemate, DeMint's resignation and Syria's chemical weapons

Weekly Show

President Obama and Speaker Boehner remain divided over fiscal cliff specifics as a solution appears distant. Also, Republican Senator Jim DeMint’s decision to resign highlights a GOP intra-party squabbles. Plus, is threat of chemical weapons in Syria a game changer? Joining Gwen: Jackie Calmes, New York Times; Amy Walter, ABC News; Eamon Javers, CNBC; James Kitfield, National Journal.

In Talks on a Budget Deal, Boehner and Obama Stand Alone

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At House Speaker John A. Boehner’s request, Senate leaders and Representative Nancy Pelosi have been excluded from talks to avert a fiscal crisis, leaving it to Mr. Boehner and President Obama alone to find a deal, Congressional aides say.

What You Didn't Know About Election 2012

Gwen's Take

I consider myself a voracious consumer of information. This was true during the 2012 presidential campaign, and it remains true today.

This week, one month after the end of a close election, we learned that, in Ohio, President Obama beat Mitt Romney by 63,000 votes more than the preliminary count showed. The margin, which was supposed to be painfully narrow, grew to 166,214.

This Week on Washington Week:

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With each side denouncing the other's plan for the fiscal cliff, President Obama and John Boehner contine to argue about taxes [Photo:CNN].

December 6, 2012

Syria civil war: Fears of chemical weapon use

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What should the U.S. learn from Europe's woes?

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As President Obama and Capitol Hill lawmakers assess the need for spending cuts and tax increases against the risk of triggering a new recession, they might look across the Atlantic for insights from those who have already grappled with those budgetary questions.

Tax deduction limits may trim deficits, but not easily

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Behind President Obama’s insistence that tax rates must rise on higher incomes is a belief that Republicans cannot raise as much revenue as they claim, $800 billion in the first decade, simply by limiting deductions and loopholes. Yet in the past, Mr. Obama supported that option to collect even more.

Obama: Budget deal will unleash the economy

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“I think America is poised to take off,” President Obama said Tuesday, dangling what many business leaders and economists agree is the real prize tucked inside any credible deficit pact enacted in Washington by year’s end.

White House to ask for $50 billion in hurricane relief aid

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President Obama plans to ask Congress for about $50 billion in emergency spending to help rebuild the states ravaged by Hurricane Sandy, according to administration and Congressional officials briefed on the discussions.

GOP makes counteroffer in cliff talks

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House Republicans on Monday made a fresh deficit-reduction proposal to the White House that calls for $800 billion in increased tax revenue, half of what President Barack Obama has proposed.