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... have to decide whether he is willing to break with his liberal allies in pursuit of a bipartisan agreement aimed at avoiding the year-end fiscal cliff -- $500 billion in automatic tax hikes and spending cuts that many economists say could plunge the nation into recession. On Wednesday, Mr. Obama ...
... work," that's what President Obama urged Congress to join him in doing to avoid a showdown over taxes, spending and debt, the so-called fiscal cliff. But he and House Speaker John Boehner both insisted they'd hold firm on whether or not to raise taxes on the wealthy ...
... for the most urgent problem facing the president -- how to deal with tax and spending questions that will determine if the country goes off the "fiscal cliff" -- a combined total of 60 percent said they favor either raising income tax rates on everyone (13 percent), or on those earning over ...
... they don't care about us,' and we have corrected that." Outlining negotiations that will soon begin on preventing the country from going off a "fiscal cliff," Schumer said voters have embraced the proposal to raise taxes on higher income earning individuals, which was part of President Obama's closing ...
chloss and Richard Norton Smith offer their takes on the election. Beschloss writes that history is rarely kind to losing nominees. Smith compares President Obama to Ronald Reagan. Gwen Ifill examines the policy challenges ahead of the president, from immigration reform to the fiscal cliff. Mark Shields and David Brooks ...
... born Americans. So, there is going to be a lot more hostility because of what's out there in the country. And then, on the fiscal cliff, I believe John Boehner is absolutely sincere that he would like to do something with Obama. And Obama said he wants to have ...
... how do we distribute the weight of what's pulling the market down? Is it the fears in Europe? Is it the fears about the fiscal cliff? HUGH JOHNSON, Johnson Illington Advisors: It's hard to tell which is more important. They're both very important. And you know, today ...
President Obama, Little Time to Enjoy Re-election Before Heading Back to Work
President Obama stands on stage after his victory speech at McCormick Place Nov. 6 in Chicago. Photo by Chip Somodevilla/Getty Images. President Barack Obama's victory cements the Affordable Care Act, expanding coverage to millions but leaving weighty questions about how to pay for it and other care to be delivered to an increasingly unhealthy, aging...
President Obama has won the election and has four more years to push for economic and social policies passed in his first-term presidency. But with the balance of power in Congress unchanged, Obama may face the same gridlock in Washington.
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