Lori Montgomery Wp
Recent Stories By Lori Montgomery Wp:
Deficit May Be Shrinking But Hard Work RemainsJune 9, 2013
After two years of harrowing confrontations in Washington, the national debt is no longer growing out of control and policymakers from President Obama to House Speaker John A. Boehner (R-Ohio) have...
President Obama’s budget request would raise taxes by nearly $1 trillion compared with current law and cut spending by nearly $200 billion, congressional budget analysts said Friday. All told, the...
Senate Democrats Pass $3.6 Trillion BudgetMarch 23, 2013
The Democrat-controlled Senate approved its first budget blueprint in four years early Saturday, a political milestone that capped months of GOP criticism and set the stage for direct negotiations...
Obama Golfs, Congress Leave Town as Budget Cuts LoomFebruary 17, 2013
As deadlines go, the March 1 sequester lacks punch. Nobody’s taxes will go up; the U.S. Treasury won’t run out of cash. Government offices won’t immediately turn out the lights and lock the doors....
Obama Alarms Deficit Hawks on 'Debt Stabilization'February 12, 2013
When President Obama delivers his State of the Union address Tuesday evening, here’s one thing you won’t hear: an ambitious new plan to rein in the national debt. In recent weeks, the...
Rates, Estate Tax Are Sticking Points in Possible DealDecember 30, 2012
Senate negotiators labored late into Saturday over a last-ditch plan to avert the “fiscal cliff,” struggling to resolve key differences over how many wealthy households should face higher income...
One Million Jobs Already Lost Due to Fiscal CliffOctober 26, 2012
The “fiscal cliff” is still two months off, but the scheduled blast of tax hikes and spending cuts is already reverberating through the U.S. economy, hampering growth and, according to a new study,...
How Obama Failed to Clinch the Debt Deal March 19, 2012
President Obama had just arrived home, walking across Lafayette Square after attending Sunday services with his family at St. John’s Church. In the West Wing, Obama ducked into the spacious office of...
Euro Crisis Could Take Years to CureDecember 2, 2011
SCRANTON, PA. — Angling to salvage the core provisions of his jobs package, President Obama used a stop in this politically crucial blue-collar town Wednesday to step up his campaign to paint...
Payroll Tax Debate Divides GOPDecember 2, 2011
The Senate late Thursday rejected competing partisan visions for extending a temporary tax break that benefits virtually every American worker, clearing the way for more serious negotiations over how...
Obama Uses Tax-Cut Pledge to Needle RepublicansNovember 23, 2011
MANCHESTER, N.H. — With taxes set to rise for nearly every American worker, President Obama sought Tuesday to highlight his tax-cutting bona fides, accusing Republicans of hypocrisy if they do not...
Super Committee: Failure Was an OptionNovember 21, 2011
A special congressional supercommittee acknowledged failure Monday in efforts to cut the federal deficit by at least $1.2 trillion. The failure, which sets in motion a mechanism for major across-...
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