Details of legislation averting 'fiscal cliff'
01/02/2013 1:09am
Highlights of a bill Congress passed Tuesday aimed at averting wide tax increases and budget cuts scheduled to take effect with the new year. The measure would raise taxes by about $600 billion over 10 years compared with tax policies that were due to expire at midnight Monday. It would also delay for two months across-the-board cuts to the budgets of the Pentagon and numerous domestic agencies.
How tax increases will affect households
01/02/2013 1:12am
The tax package passed by Congress will prevent one set of tax increases from hitting the vast majority of Americans, but it won't stop them all. A temporary Social Security payroll tax reduction is expiring, hitting nearly every wage earner, and income taxes on the wealthy are going up too.
Congress OKs bill expanding rewards program
01/02/2013 9:26am
Congress has approved legislation that would expand the State Department's rewards for justice program to target the world's most serious human rights abusers, with African warlord Joseph Kony a top target.
Taxes rising for most people despite fiscal deal
01/02/2013 12:31pm
While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.
Analysis: Cliff deal is another pain-free punt
01/02/2013 4:57pm
Congress' hectic resolution of the "fiscal cliff" crisis is the latest in a long series of decisions by lawmakers and the White House to do less than promised _ and to ask Americans for little sacrifice _ in confronting the nation's burgeoning debt.
Boehner agrees to Sandy aid vote on Friday
01/02/2013 7:03pm
Under intense pressure from angry Republicans, House Speaker John Boehner agreed Wednesday to a vote this week on aid for Superstorm Sandy recovery.
Cliff averted, it's on to the next fiscal crisis
01/02/2013 10:34pm
Onward to the next fiscal crisis. Actually, several of them, potentially. The New Year's Day deal averting the "fiscal cliff" lays the groundwork for more combustible struggles in Washington over taxes, spending and debt in the next few months.
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