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Fiscal Cliff (2013)

A collection of news and information related to Fiscal Cliff (2013) published by this site and its partners.

Top Fiscal Cliff (2013) Articles

Displaying items 23-33
  • Across U.S., bridges crumble as repair funds fall short

    Across U.S., bridges crumble as repair funds fall short
    SCHWENKSVILLE, Pa. — Engineers think that three of the bridges closest to Dave Wisler's home are about ready to collapse. One, a picturesque one-lane structure built in 1893, became so perilous it was closed last summer, and the county doesn't...
  • Raising debt limit: Treasury's Lew warns Congress it's risky to delay

    Raising debt limit: Treasury's Lew warns Congress it's risky to delay
    WASHINGTON -- As the nation fast approaches its debt limit, Treasury Secretary Jacob J. Lew on Tuesday issued his strongest warning yet to Congress about the economic consequences of waiting until just before the deadline to pass an increase. "Trying to...
  • Federal deficit shrinking, but long-term outlook dim

    Federal deficit shrinking, but long-term outlook dim
    WASHINGTON – The federal deficit has shrunk to its lowest level since 2008, when President Obama won election at the start of the Great Recession, and is on track to decline even more thanks to an improving economy, higher taxes on the wealthy and...
  • U.S. might not hit debt limit until October, new study says

    U.S. might not hit debt limit until October, new study says
    WASHINGTON -- The U.S. might not hit its debt limit until October because of improved economic growth and higher tax revenue this year, according to a new estimate released Friday. The projection by the Bipartisan Policy Center would give Congress and...
  • Consumer spending and personal income climb in March

    Consumer spending and personal income climb in March
    WASHINGTON -- Consumers spent more in March even as their income rose less than analysts had projected, a mixed economic message to start a week that will end with the latest government unemployment report. Consumer spending was up 0.2% last month, down...
  • Maryland makes minor lawbreakers pay twice

    Maryland makes minor lawbreakers pay twice
    Have you ever just messed up? I'm not talking about leaving your coffee on the roof of your car. I mean a major, life-altering mistake. Think fiscal cliff-level personal disaster. Now imagine paying for the mistake with jail time — then continuing...
  • Boehner: Bondholders should be paid first if debt limit breached

    Boehner: Bondholders should be paid first if debt limit breached
    WASHINGTON -- House Speaker John A. Boehner said holders of U.S. government bonds should be paid first if the nation's debt limit is breached, even if that means that China would get preference over the salaries of U.S. troops. Boehner (R-Ohio) defended...
  • Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus

    Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus
    Even if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes. With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...
  • Government shutdown: A way out for the GOP

    Government shutdown: A way out for the GOP
    Last week, House Speaker John A. Boehner (R-Ohio) and his Republicans declared that they had two clear goals in this fall's battle over federal spending: no government shutdown, and no implementation of Obamacare. As of Tuesday, the GOP had failed on...
  • Looming debt-ceiling fight complicates government shutdown

    Looming debt-ceiling fight complicates government shutdown
    You could see this one coming. Politico reported late Tuesday that congressional leaders are starting to talk about two fiscal crises merging in the days ahead. Federal agencies have partially shut down because House Republicans refuse to pass a bill to...
  • Government shutdown hits fishermen, farmers, physicists

    Government shutdown hits fishermen, farmers, physicists
    WASHINGTON — The crabbers are getting, well, crabby. With the offices of the National Marine Fisheries Service closed because of the federal government shutdown, fishermen have been unable to get permits for the Alaska king crab season, which...