President

Budget Battles

  • Dumping the Mortgage Tax Break Can Cost, Not Give

    By Knowledge Wharton, Knowledge@Wharton

    The mortgage interest deduction, considered by many to be the sacred cow of tax breaks, has joined the list of possible items on the chopping block in the growing debate between President Obama and...

  • Fiscal Cliff Letter from House GOP Leaders to Obama

    By The Fiscal Times Staff

    House Speaker John Boehner and other congressional GOP leaders sent President Obama the letter below, outlining a counterproposal as part of the two sides' ongoing negotiations to avert the fiscal...

  • White House Says GOP Counteroffer Isn't Balanced

    By Josh Boak, The Fiscal Times

    President Obama has been pressing congressional Republicans for their alternative to his tax-heavy plan for trimming the budget deficit—but he might not be too thrilled with the substantial...

  • '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.