Congress
  • Boehner’s Plan B Headed for Victory in House

    The House appears likely to approve Republican Speaker John Boehner’s “Plan B” measure to extend Bush-era tax cuts for incomes up to $1 million late this evening– potentially providing the speaker...

  • Medicare May Be Silent Killer in Budget Battles

    By Josh Boak, The Fiscal Times

    For all the hype about taxes, Medicare looks more and more like major the obstacle to putting the federal budget on a stable course.

  • Panetta Says Fiscal Cliff Threatens Defense Strategy

    By Karen Parrish, American Forces Press Service

    The year-old defense strategy Defense Secretary Leon E. Panetta helped put in place last January faces two major risks, he said today: stress on the force, and a political system "that is depriving...

  • Chained CPI: What You Need to Know

    By The Fiscal Times Staff

    Chained CPI may be on the tip of every policy wonk’s tongue right now – but for millions of others across the country it might as well be the name of a new punk-rock band. Time to clear it all up.

  • U.S. activist Norquist blesses Boehner's tax plan, conservative group rejects it

    By Thomas Ferraro and Rachelle Younglai, Reuters

    WASHINGTON (Reuters) - Leading U.S. anti-tax activist Grover Norquist gave his blessing on Wednesday to House Speaker John Boehner's plan to avert the "fiscal cliff," concluding that despite...