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... pass a very different deal. And then we could have, yes, another fiscal standoff in September over government funding. This is heading to another significant fiscal cliff. Amna Nawaz: What does all this mean for what's ahead for Congress, outside of just the potential fiscal cliff there? Lisa Desjardins ...
... worried, right? That deadline is coming near. But we have come close before. There have been debt limit standoffs before. We all remember the 2011 fiscal cliff. How are those past experiences driving the White House approach today? Laura Barron-Lopez: It's entirely the foundation of the White House ...
... because a number of economists like yourself are warning that, due to this slim House majority, we could be facing something similar to the 2011 fiscal cliff or a potential default itself. What is at stake here? Wendy Edelberg, Director, The Hamilton Project: I am very, very worried. So these ...
... them -- if they are successful in this, it means whomever is speaker is going to have some handcuffs on them. And it starts with the fiscal cliff, obviously. But every part of governing that a House majority that Republicans we're excited to have in November becomes very real questions ...
... hugged New Jersey Republican Gov. Chris Christie in 2012 after Superstorm Sandy, a brief respite from partisan tensions that had threatened the economy with a fiscal cliff. And George W. Bush fell out of public favor after a poor and unprepared response to Hurricane Katrina, which swamped New Orleans in ...
... precedent that could put Republicans on defense on the issue. Because the benefit currently expires after a year, the Biden plan essentially creates a potential fiscal cliff for child poverty. This could set up a political showdown during an election year on whether voters believe it's acceptable for millions ...
... ceiling crisis when tea party Republicans challenged then-President Obama; he brokered the deal with then-Vice President Joe Biden to avert the so-called "fiscal cliff." "A few years ago, Leader McConnell remarked, 'Remember me? I'm the guy that gets us out of shutdowns,'" said Senate Minority Leader ...
... about putting coal miners back to work in West Virginia. I will say that the state, you know, we're on the edge of this fiscal cliff, essentially, but in the past couple of months, we have seen a rebound in the coal industry and a really small increase in ...
... 40 percent to 38 percent. Obama, 2013: 1.78% of GDP. The American Taxpayer Relief Act of 2012 came about after long wrangling over the fiscal cliff (memories!). It was a budget compromise deal between Republicans and Democrats. It came under President Obama, but largely made some Bush-era tax ...
... an increase in the top income tax rate from 35 percent to 39.6 percent as part of an agreement with Republicans to avert a "fiscal cliff." More recently, Republicans and Obama have sealed small-scale agreements to ease tight curbs on annual agency operating budgets. The administration's forecast ...
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