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Archive: News / U.S. / Congress (3 Stories)

If cut, fiscal deal will pale against expectations

12/30/2012 9:39am
Whether negotiated in a rush before the new year or left for early January, the fiscal deal President Barack Obama and Congress cobble together will be far smaller than what they initially envisioned as an alternative to purposefully distasteful tax increases and spending cuts.

Fiscal 'cliff' deal proving elusive

12/30/2012 6:30pm
A Capitol Hill deal to avert the "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.

Deal reached for stopping spike in milk prices

12/30/2012 9:53pm
The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that could head off a possible doubling of milk prices next month.
 
   
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