Obama Addresses Debt Limit, Gun Control In Final News Conference Of First TermPresident Barack Obama demanded Monday that Congress raise the federal debt limit quickly and said he will soon ask Congress to enact new gun legislation in the wake of the shootings a month ago in Newtown, Conn.
Opinion: Over The CliffAt midnight, not only did the ball drop in Times Square, ushering in a New Year, but Congress dropped the ball on delivering the country meaningful deficit reduction.
Fiscal Cliff Averted, But Critical Issues Still RemainAfter months of debating and back room deals, Congress passed a bill late Tuesday night which will keep the country from falling off the fiscal cliff.
House Passes Bill To Avert Fiscal CliffThe U.S. House of Representatives has passed the "fiscal cliff" deal already approved by the U.S. Senate, after a decision not to allow amendments that would have kicked it back to the Senate.
'Fiscal Cliff' Deal Reached With GOP Senate LeadersThe White House has reached an agreement with Senate Republican leaders on a deal prevent the “fiscal cliff,” CBS News has learned.
Opinion: Enjoy The Last Day Of The Fiscal CliffIf Congress manages to pass a feeble, last minute, deal on taxes it will be a deal that is long overdue. All of this could have been avoided.
No Fiscal Cliff Deal In Sight Sunday Night On Capitol HillA 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.
President Obama Locks Power Players In A Room, Orders 'Fiscal Cliff' DealThe clock is ticking in Washington. Lawmakers are running out of time to avert the “fiscal cliff.”
With No 'Fiscal Cliff' Deal In Sight, Americans Brace For Huge Tax HikesTax doomsday is looming, but it’s still a political standoff in D.C., with one side seemingly waiting for the other to act. While the Senate is already in session, the House will not be back before Sunday.
'Fiscal Cliff' Quickly Closing In And Washington Lawmakers Nowhere To Be FoundPresident 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.
Shoppers Flock To Stores For Post-Christmas BargainsHolidays sales numbers so far have been disappointing, but people appear to be ready for the post-Christmas bargains, and even the tourists know to wait if they want to save money.