'Largest tax increase in American history'

by -NO AUTHOR- -- (THE HILL) Speaker John Boehner (R-Ohio) held a minute-long press conference on Wednesday, urging President Obama's to support his “Plan B” legislation that would extend tax rates for more…

Obama uses school massacre to push tax hikes

by -NO AUTHOR- -- (WASHINGTON TIMES) President Obama said Wednesday that last week’s school shooting in Connecticut should push House Republicans to step back from a partisan battle, relent and pass his more…

Treasury announces GM exit strategy

by -NO AUTHOR- -- (DETROIT NEWS) Washington — The Obama administration said Wednesday it will sell 200 million shares — or 40 percent of its remaining stake in General Motors Co. — back to the more…

'I think you go over the cliff'

by -NO AUTHOR- -- [jwplayer FsERmw4Y] Recent reports suggest a deal between President Obama and House Speaker John Boehner to avert the fiscal cliff may be possible in the coming days. But more…

Feds overpaid billions to disabled poor

by -NO AUTHOR- -- (WASHINGTONTIMES) — The federal government has overpaid billions of dollars in benefits to people who have been ruled disabled and impoverished, often because they understated their income. Debt more…

Dick's suspends sales of some rifles

by -NO AUTHOR- -- (CNN) -- Dick's Sporting Goods, one of the largest sporting goods retailers in the world, says it has removed all guns from its store nearest to Newtown, Connecticut, and more…

'Cheaper air fares' as oil prices fall

by -NO AUTHOR- -- (TELEGRAPH) — Tourists can expect to pay less for their flights next year, claims the aviation industry’s leading economist. Airline passengers will benefit chiefly because of falling oil more…

Boehner to GOP: Prepare for 'Plan B' on cliff

by -NO AUTHOR- -- (NATIONAL JOURNAL) House Speaker John Boehner told rank-and-file Republicans that they should consider a “Plan B” on how to avert automatic tax increases and spending cuts known as more…

Obama, Boehner move closer to 'cliff' deal

by -NO AUTHOR- -- (WASHINGTON POST) — President Obama and House Speaker John A. Boehner moved close to agreement Monday on a plan to avert the year-end “fiscal cliff,” but they had more…