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House Speaker John Boehner says his fiscal - Page 16 - Politics, Business, Civil, History - Posted: 21st Dec, 2012 - 1:46am
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Economy US
Government says economy grew 2.7% in the third quarter vs. Original estimate of 2.0% Ref. BBC
Post Date: 6th Dec, 2012 - 1:30am / Post ID: #
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US Economy History & Civil Business Politics
Obama Boehner talk fiscal cliff on phone
For the first time in days, the president and the House Speaker spoke about the looming deadline.
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Post Date: 7th Dec, 2012 - 2:30am / Post ID: #
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Page 16 Economy US
Will anyone else join the 'compromise club'
Both parties are pushing hard lines as the fiscal cliff nears, but some are willing to put everything on the table.
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Post Date: 16th Dec, 2012 - 10:43am / Post ID: #
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Economy US
House Speaker John Boehner has offered to allow income tax rates to increase for wealthy Americans in exchange for spending cuts, tax reform and entitlement reform in fiscal cliff negotiations with the White House, according to a source familiar with the discussions.
Boehner offered to allow tax rates to go up on American families earning $1 million or more. The president has long demanded that rates increase for households earning more than $250,000.
Obama and Boehner are in negotiations to head off a January 1 "Fiscal cliff," in which a $7 trillion combination of automatic tax increases and spending cuts would start to take effect. Ref. CNN
Post Date: 19th Dec, 2012 - 12:06pm / Post ID: #
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US Economy
Foreign holdings of US debt hit record of $5.48 trillion in October;
China's holdings rise: China, the largest holder of U.S. Government debt, increased its holdings slightly to $1.16 trillion. Japan, the second-largest holder, boosted its holdings by a smaller amount to $1.13 trillion. Brazil, the country with the third-largest holdings, increased its total to $255.2 billion. Ref. Source 2
Post Date: 19th Dec, 2012 - 9:14pm / Post ID: #
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US Economy - Page 16
President Barack Obama said today that Republicans are too focused on getting the better of him personally in the fiscal cliff negotiations, rather than considering what is best for the country. "It is very hard for them to say 'yes' to me," Obama told reporters.
"At some point they've got to take me out of it" and focus on "Doing something good for the country."
Obama alluded to the Connecticut school shootings in calling on Republicans to compromise, saying that "If there's one thing we should have after this week, it should be perspective about what's important." He added: "Right now, what the country needs is for us to compromise." Ref. CNN
Post Date: 21st Dec, 2012 - 1:46am / Post ID: #
US Economy Politics Business Civil & History - Page 16
House Speaker John Boehner says his fiscal cliff plan won't come to a vote because "It did not have sufficient support from our members to pass. Now it is up to the president to work with Sen. (Harry) Reid on legislation to avert the fiscal cliff." The fiscal cliff is a $7 trillion combination of automatic tax increases and spending cuts that are scheduled to start taking effect on January 1. Ref. CNN
TOPIC: US Economy