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Tax Hikes

Mayor-Elect Bill de Blasio speaks to supporters after winning on Nov. 5, 2013. (credit: Andrew Burton/Getty Images)

De Blasio: Landslide Win Is ‘Clear Mandate’ For Education Reform

Bill de Blasio says his landslide in this month’s New York City mayoral election entitles him to support from Albany to enact sweeping reforms to the city’s schools.

11/25/2013

President Barack Obama (credit: Chip Somodevilla/Getty Images)

‘Fiscal Cliff’ Deal Reached With GOP Senate Leaders

The White House has reached an agreement with Senate Republican leaders on a deal prevent the “fiscal cliff,” CBS News has learned.

12/31/2012

U.S. Capitol - Washington, DC - Aug 1, 2011 (credit: Mark Wilson/Getty Images)

No Fiscal Cliff Deal In Sight Sunday Night On Capitol Hill

A deal on Capitol Hill to avert the so-called fiscal cliff was proving elusive Sunday, as a deadline to avert tax hikes on virtually every American worker and block sweeping spending cuts set to strike the Pentagon and other federal agencies grew perilously near.

12/30/2012

House Speaker John Boehner, left, and President Barack Obama (credit: Getty Images)

‘Fiscal Cliff’ Quickly Closing In And Washington Lawmakers Nowhere To Be Found

President Barack Obama was to return to Washington on Thursday after cutting short his Christmas vacation in Hawaii. The Senate will be in session. But so far the House of Representatives has no plans to meet.

12/26/2012

U.S. Capitol - Washington, DC - Aug 1, 2011 (credit: Mark Wilson/Getty Images)

Looming Fiscal Cliff Leaves Many Confused, Concerned

Even as the country barrels toward the fiscal cliff, there was much confusion about what exactly lies ahead – both for regular people and the country as a whole.

12/02/2012

Connecticut State Capitol - Hartford, CT - File / Photo: Connecticut General Assembly and the League of Women Voters of Connecticut Education Fund, Inc.

Connecticut House Takes Up Tax Hike Budget Passed By Senate

The $40.1 billion budget attempts to tackle the state’s deficit with a combination of cuts, labor savings and wide-ranging tax hikes.

05/03/2011