Fresh start for Congress, but fiscal battles loom
Washington: With nearly 100 new members, the US Congress convened fresh from the year-end “fiscal cliff” fiasco, as lawmakers cast a wary eye towards the...
US fiscal cliff
IMF: US ‘cliff’ actions not enough
by AFP
Washington: The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go far enough to address the country’s long-term...
Fate of US ‘fiscal cliff’ deal hangs in the balance
by AFP
Washington: The fate of a deal to avert a US “fiscal cliff” budget calamity looked in increasing peril on Tuesday as Republicans in the House...
Top Republican a holdout against fiscal cliff bill: lawmaker
by AFP
Washington: The number two US House Republican emerged Tuesday as a key holdout against a controversial bill that raises taxes on the wealthy but does...
US ‘fiscal cliff’ solution goes to Republican House
by AFP
Washington: Lawmakers in the Republican-controlled House of Representatives are considering legislation to stave off America’s fiscal crisis after a last-gasp deal on taxes passed the...
No deal yet as US teeters on fiscal cliff edge
by AFP
Washington: As the United States teeters on the edge of the fiscal cliff, politicians had yet to agree Monday on a New Year’s Eve escape...
Lawmakers still at odds on last day before fiscal cliff
by AFP
Washington: US lawmakers will work on New Year’s Eve for the first time in more than 40 years in a last-ditch attempt to save the...
Talks stall as fiscal cliff looms
by AFP
Washington: Last minute talks stalled Sunday between top US political leaders aimed at averting a fiscal calamity due to hit within hours, as Democrats...
Drama in Washington as fiscal cliff looms
by AFP
Washington: Leaders in deeply polarized Washington groped Sunday for a stop-gap deal to avert a fiscal calamity due to strike in a matter of hours...
Top Republican: Obama shouldn’t cast fiscal cliff blame
by AFP
Washington: US House Speaker John Boehner on Sunday warned President Barack Obama that he should not cast blame on Republicans for a possible failure to...