White House

Budget Battles

  • A ‘Cliff’ Deal Could Still Cost Consumers $218B

    By Yuval Rosenberg

    Even if the country doesn’t slide over the fiscal cliff, any deal to blunt the impact of the scheduled tax hikes and spending cuts is likely to create at least some drag on an economy that is still...

  • Pardon Me, Mr. President!

    By Erin Lindsay, White House

    Turkeys have been carving out a special place in American history since 1963. That's when John F. Kennedy became the first U.S. President to almost "pardon" a turkey at the White House -- a tradition...

  • Norquist: Self-Appointed No-Tax Czar Loses Ground

    By Maureen Mackey, The Fiscal Times

    As lawmakers negotiate to prevent a combined $600 billion in tax hikes and spending cuts from kicking in beginning in January 2013 – and as the ‘R’ word (revenue) is called inevitable, people are now...

  • Carbon Tax: Two Problems Solved for the Price of One

    By Brianna Ehley, The Fiscal Times

    The devastating aftermath of Hurricane Sandy has breathed new life into the discussion of climate change and has revived interest in an old idea for a carbon tax. Advocates say the tax would...

  • Reuters on Minorities, GOP and Obama

    By Reuters

    Latinos, African-Americans and other minorities who helped President Barack Obama win a second term are skeptical about enhanced Republican outreach to their communities, but also say the future of...