Fiscal Cliff

1:33am

Fri February 8, 2013
It's All Politics

Even Without Earmarks, Tax Breaks And Special Deals Fill Bills

Originally published on Fri February 8, 2013 10:28 am

Tourists take photographs in front of the U.S. Capitol on Jan. 2, the day after Congress passed a bill to avoid the fiscal cliff.
Saul Loeb AFP/Getty Images

Congress likes to say it no longer does earmarks, the provisions that direct federal dollars to serve local interests or campaign supporters. And though that may be true, it's also a fact that targeted provisions are still useful in moving legislation — even critical legislation like the bill that pulled Washington back from the fiscal cliff last month.

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6:16am

Thu January 10, 2013
The Two-Way

Crazy Or Canny? Talk Grows About $1 Trillion Platinum Coin

Originally published on Fri January 11, 2013 11:15 am

No, this isn't worth $1 trillion. It's a commemorative coin minted in the U.K. in 2008. But some have suggested the president's image should be on it if he orders up a $1 trillion coin.
Christopher Furlong Getty Images

We're pretty sure this won't happen.

But ...

You practically can't visit a news site these days without seeing a story about why President Obama should or should not order the Treasury Department to strike a platinum coin "worth" $1 trillion and deposit it with the Federal Reserve.

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4:22pm

Wed January 9, 2013
It's All Politics

In Talking To Their States, Governors Keep An Eye On Washington

Originally published on Wed January 9, 2013 5:18 pm

Gov. Andrew Cuomo, D-N.Y., walks to the podium Wednesday in Albany to deliver his third State of the State address.
Mike Groll AP

From Superstorm Sandy to gun laws to the fiscal cliff, national issues are on the minds and the lips of the nation's governors setting their state agendas this week.

Some want Congress and President Obama to act; others urged state legislators to do what Congress hasn't.

"No one hunts with an assault rifle. No one needs 10 bullets to kill a deer. End the madness now," an impassioned New York Gov. Andrew Cuomo said Wednesday in calling for the state to enact the "toughest assault weapon ban in the nation, period."

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4:43pm

Tue January 8, 2013
Business

After The 'Fiscal Cliff,' Businesses Say Some Uncertainty Remains

Originally published on Tue January 8, 2013 5:23 pm

U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff. But the unemployment rate remained at 7.8 percent last month.
Damian Dovarganes AP

Businesses complained that the uncertainty surrounding the "fiscal cliff" froze their decisions about hiring and expanding, which hurt the economy. Washington has now managed half a deal, which settles tax issues, at least for the time being. But has that removed enough uncertainty to boost some business hiring and investment?

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3:10pm

Sat January 5, 2013
Politics

Obama's On-Again, Off-Again Relationship With Progressives

President Obama pauses as he speaks about the fiscal cliff on Monday. Some progressives say the president was not aggressive enough with Republicans during budget talks and are hoping he is stronger in his second term.
Charles Dharapak AP

When Barack Obama first took office four years ago, many progressives were on cloud nine. Here was a president pledging to tackle some of the issues closest to the progressive base: climate change, gun control and what he called our "broken immigration system."

That was in 2008. Fast forward to now and these are just a few of the unresolved issues leaving progressives unsatisfied.

With Obama's second term around the corner, some progressives are wondering if President Obama will reboot and follow through with his earlier promises.

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