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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 67-77
  • Fiddling while Rome burns

    WASHINGTON -- Here are some of the run-ups to the current fiscal crisis threatening to rip holes in the fabric of American life and security as we know it: --A plunge over an imagined "fiscal cliff" is averted at the 11th hour, only to encounter a...
  • Key federal tax aid for homeowners in danger of expiration

    WASHINGTON — Haven't we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for homeowners is heading for expiration within weeks. And there's no sign that Congress plans — or has the minimal...
  • A grotesque new penalty for underwater homeowners

    A grotesque new penalty for underwater homeowners
    David Dayen spots a new blow for underwater homeowners that thus far has flown under the radar: the coming expiration of the Mortgage Forgiveness Debt Relief Act of 2007, scheduled for Dec. 31. The act is a mouthful, but it's been a crucial factor in...
  • Illinois lawmakers approve major pension overhaul

    Illinois lawmakers approve major pension overhaul
    SPRINGFIELD — Illinois lawmakers narrowly approved a historic, sweeping overhaul of government worker pension systems Tuesday, overcoming years of political and philosophical differences in an attempt to address one of the state's most pressing...
  • 2013 year in review

    Wrapping up the year in one column is tough, but let's give it a try. Although the financial industry likes to think that the center of the universe is located somewhere between lower Manhattan and the hedge fund enclave of Greenwich, CT, most of 2013 was...
  • Key Clinton aide joins Obama's team of White House advisors

    Key Clinton aide joins Obama's team of White House advisors
    WASHINGTON — With his popularity flagging and his healthcare law at risk, President Obama has uncharacteristically reached outside his tightknit core of advisors to bring into the White House a veteran Democratic strategist who helped guide...
  • Mortgage tax break expires despite bipartisan support in Congress

    Mortgage tax break expires despite bipartisan support in Congress
    WASHINGTON — A 6-year-old tax break for struggling homeowners who won reductions in their mortgages has expired, alarming housing advocates and lawmakers who said it still was needed despite the real estate market rebound. Enacted by Congress in...
  • The customary crisis

    Here we go again. And again. And again. ... For in Washington, every day is Groundhog Day. And now, once again, the country is speeding toward the dreaded ... Fiscal Cliff! Not to mention Catastrophe, Chaos and Collapse. Or maybe Stalemate, Train Wreck,...
  • Small business hiring plans plunge to record low

    The job outlook at America’s small businesses is the worst it’s ever been, according to new research. Last month, 21% of small business owners said they expected to lower head count over the next six months — the highest percentage...
  • Restaurants in China, U.S., Europe reflect global economy

    Restaurants in China, U.S., Europe reflect global economy
    Looking for evidence of China’s economic prowess, Europe’s malaise and consumer ennui in the U.S.? Use the international restaurant industry as a barometer, according to a report this week. China’s economy, coming off a period of...
  • Hashtag crowned 2012 word of the year

    Hashtag crowned 2012 word of the year
    And you thought that Notre Dame/Alabama match-up was heated. Wait until you hear how things went down in Boston last weekend when members of the American Dialect Society—linguists, lexicographers, etymologists, writers, editors, scholars—...