Latest 'Fiscal Cliff' News
A list of the most recent stories about Fiscal Cliff.
Projected lower deficit could slow any budget deal
The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the already slowing momentum for a budget pact this year. A ...
Trio of troubles threatening Obama's second term
President Barack Obama seemed to lose control of his second-term agenda even before he was sworn in, when a school massacre led him to lift gun control to the fore. Now, as he tries to pivot from a stinging defeat on that issue and push forward on others, the president ...
Dems, GOP talk up deficit reduction, but don't act
Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much talk to the contrary. For years, House Republicans have adamantly refused to raise income taxes, even though U.S. ...
Why do I have a smaller paycheck this year?
Even with Congress and President Obama reaching an 11th-hour deal to prevent the country from going over the much-hyped “Fiscal Cliff,” the New Year has brought an increase in taxes for all American families — and for many that means an almost immediate reduction in take-home pay. We checked in ...
NASA's funds quickly running out
NASA’s shuttle program has ended and very soon, so will the funds to maintain the facilities that supported the space program. That's left NASA with a long list of facilities from launch complexes to a parachute processing facility available for lease to private companies. “If we don't find a user ...
'Cliff' bill to House, but doubts on spending cuts
The Senate-approved compromise to avert the "fiscal cliff" ran headlong into opposition from the No. 2 House Republican and other GOP lawmakers Tuesday, raising questions about how -- and in what form -- Congress might be able to give final approval to the measure. "I do not support ...
Thousands in central Fla. could lose unemployment benefits
Nearly 21,000 people in central Florida whose unemployment benefits have been extended stand to lose them if a deal on the fiscal cliff is not reached. Edward Ramirez said he's frustrated that lawmakers haven't been able to reach a deal. If no deal is reached by the end of the ...
Fiscal cliff talks threaten Central Fla. charities
Central Florida charities, churches and nonprofits could lose millions of dollars if lawmakers in Congress change the charitable tax deduction. Lawmakers have discussed doing away with or limiting the deduction as they work to reach on deal to avoid the fiscal cliff. Each day 400 families visit the Community Food ...
Obama sets January deadline for gun proposals
President Barack Obama on Wednesday demanded "concrete proposals" on curbing gun violence that he could send to Congress no later than January -- an urgent effort to build on the growing political consensus over gun restrictions following last week's massacre of children at a Connecticut school. It was ...
Obama to press for policy changes after shooting
President Barack Obama is launching an administration-wide effort to curb gun violence, underscoring the growing political consensus over tightening gun restrictions following the horrific massacre at a Connecticut elementary school. Obama is tasking Vice President Joe Biden, a longtime gun control advocate, with spearheading the effort. In remarks from ...
‘Fiscal cliff’ could end unemployment benefits for thousands of Central Floridians
The “fiscal cliff” is set to end unemployment benefits for thousands of people in Central Florida. The state just sent out letters to nearly 120,000 Floridians saying without a deal, their benefits will run out at the end of the month. Ricardo Mateo is a local licensed respiratory therapist. He ...
Lake County Commission calls out sheriff on budget details
Lake County might be headed for its own version of a fiscal cliff next year, so officials are already preparing for more budget cuts. For the first, the county commission asked Sheriff Gary Borders on Tuesday for specifics on his budget. At the very least, the commission wants everybody on ...
Top 5 tax documents to have on hand before 2013
Although the 2013 ball has yet to drop and your W2 isn’t even in the mail yet, it’s not too early to start prepping your end-of-year documents and reviewing the important items you may need for your 2012 tax filing. If you’re an investor or if you’ve been through a major life change ...
What is the 'Fiscal Cliff'?
So just what is this "fiscal cliff" that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin? It's a one-two punch of expiring Bush-era tax cuts and major across-the-board spending cuts to the Pentagon and domestic ...
An explanation of the "fiscal cliff"
WASHINGTON — So just what is this "fiscal cliff" that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin? It's a one-two punch of expiring Bush-era tax cuts and major across-the-board spending cuts to the Pentagon ...
Obama re-elected despite tough economic times; Fla. tallying absentee ballots in 9 counties
President Barack Obama claimed a second term from an incredibly divided electorate and immediately braced for daunting challenges and progress that comes only in fits and starts. "We have fought our way back and we know in our hearts that for the United States of America, the best is yet ...
President’s opponents reach out to voters as DNC gets under way
The president's opponents want to make sure their message isn't lost to local voters as the Democratic National Convention kicks into high gear. Eyewitness News was there as buses rolled into Gastonia Tuesday on separate tours. People on both hope to rally support for the president's challengers. Locals cheered loudly ...
Seminole voters will decide on property tax increase
It will now be up to Seminole County voters to decide whether to raise their own property taxes in an effort to save their schools. On Tuesday night the Seminole County School Board voted to put the tax hike on the November ballot. The meeting was heated at times, with ...
Featured Articles
Ads By Google
Washington Insider
Jamie Dupree's Washington Insider Blog
From Our News Partners
League of Women Voters
Check your voter status
Be Ready to Vote
Be Ready to Vote
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}