FISCAL CLIFF

  • Fiscal cliff bill will help reduce deficit, says US President Barack Obama January 2, 2013

    The US Congress has approved a rare tax increase that will hit the nation's wealthiest households in a bipartisan budget deal that stops the world's largest economy from falling into a deep fiscal crisis and recession. ...
  • US fiscal cliff deal reached; Senate likely to vote January 1, 2013

    The agreement includes a balance of spending cuts and revenue increases to pay for the delay in the automatic spending cuts. ...
  • Connecticut school shooting worst day of my Presidency: Obama December 31, 2012

    As the year winds down to a close US President Barack Obama has said the school shooting at Newtown, Connecticut, was the worst day of his presidency. ...
  • Will avert fiscal cliff, says US President Barack Obama November 15, 2012

    Speaking at his first press conference since his reelection, US President Barack Obama said he would save the economy from hurtling down a fiscal cliff. ...
  • US: Barack Obama says fiscal deficit top priority November 10, 2012

    Flush with reelection vigor, US President Barack Obama took on the fiscal deficit issue calling for the House of Republicans to immediately pass a bill already approved by the Senate that would maintain current tax rates for middleclass Americans, while increasing taxes of wealthier citizens. Obama also said that fiscal deficit...
  • Can President Barack Obama save the US economy? November 8, 2012

    The Republicans have offered newly reelected US President Barack Obama a shortterm fix to the so called fiscal cliff, but insisted they would not cave in to tax increases to boost revenues. ...