White House

Budget Battles

  • Cliff Stalemate Takes a Huge Toll on Manufacturing

    By Edward Krudy, Reuters

    Manufacturing unexpectedly contracted in November to its lowest level in more than three years, as companies worried about whether lawmakers in Washington could reach a budget deal in time avert a...

  • 'Proud' Anti-Tax Pledge Signers Still Bow to Norquist

    By Peter Wallsten, The Washington Post

    At times, it has seemed that GOP lawmakers eyeing a fiscal compromise with President Obama were moving closer to a public split with Grover Norquist, author of the famous no-new-taxes pledge that has...

  • Cliff Deal Turns the Screws on Boehner and the GOP

    By Josh Boak and Eric Pianin, The Fiscal Times

    he yearend fiscal crisis may create a challenge for House Speaker John Boehner within his own Republican party— as to where, how, and when they’ll cut spending over the next decade.

  • Cost of Union Dock Strike in CA: $1B a Day

    By Reuters

    A national coalition of U.S. business groups is urging an end to a strike at the twin California ports of Los Angeles and Long Beach amid fears that a prolonged stand-off will cost the American...

  • Geithner: GOP Will Be Blamed If No Cliff Deal

    By Josh Boak and Eric Pianin, The Fiscal Times

    During their appearances on Sunday talk shows today, Treasury Secretary Timothy Geithner betrayed more than a whiff of self confidence that the administration held the upper hand in the stalled talks...