FISCAL CLIFF STORIES
A lot of you got your first paycheck of 2013 Friday, and it will be the last one you get since the last minute fiscal cliff deal.
Jim Williams with Arkansas Select Tax Service says the payroll tax deductions will affect paychecks in 2013.
Now that Congress has rescued us from the fiscal cliff, what does the deal that was reached mean for Americans?
The bill will avoid, for now, the major tax increases and spending cuts that had been scheduled to take effect with the new year.
The No. 2 Republican in the House leadership says he opposes a Senate-passed measure to avert the so-called fiscal cliff.
House Democratic leaders are pressing Speaker John Boehner to let the
House vote on the Senate-approved bipartisan compromise that would avert
much of the impact of the so-called fiscal cliff.
Both Arkansas senators voted in favor of legislation to avoid the
fiscal cliff of across-the-board tax increases and major spending cuts
to the Pentagon and domestic agencies.
Following the final-hour agreement over the looming fiscal cliff, Arkansas Sen. Mark Pryor released the following statement on Tuesday.
On New Year's Day, U.S. Senator John Boozman hailed the Senate passage of legislation, which he says protects Arkansas families and small businesses from a tax hike.
Highlights of a tentative agreement Monday between the White House and Senate Minority Leader Mitch McConnell, R-Ky., aimed at averting wide tax increases and budget cuts scheduled to take effect in the new year.
The House will miss the midnight Monday deadline lawmakers set for voting to avoid the "fiscal cliff."
President Barack Obama says it appears that an agreement to avoid the fiscal cliff is "in sight," but says it's not yet complete and work continues.
The public exchange between the top negotiators on averting the
so-called fiscal cliff injected a note of pessimism little more than 24
hours before taxes are set to go up.
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 would head off a possible doubling
of milk prices next month.
Stocks are falling again on Wall Street as Washington leaders blame each other for an impasse over the budget that seems less and less likely to be resolved before a year-end deadline.
Lawmakers are engaged in a playground game of "who goes first," daring each other to let the year end without avoiding a Jan. 1 confluence of higher taxes and deep spending cuts.
The price of oil is rising sharply on higher U.S. home prices and hopes of a budget deal in Washington.
With anxiety rising as the country lurches towards a "fiscal cliff," lawmakers are increasingly skeptical about a possible deal and some predict the best possibility would be a small-scale patch because time is running out before the yearend deadline.
Fiscal cliff negotiations between President Obama and House Speaker John Boehner appear to be at a standstill. The leaders did not speak yesterday and no meetings are scheduled for today.
President Obama and Congress have just three weeks left to find a way to walk the country back from the looming fiscal cliff.
Administration officials say President Barack Obama and House Speaker John Boehner met at the White House Sunday, December 9, to discuss the impending "fiscal cliff."
Debate over the "fiscal cliff" has money pouring into television, print, radio and online ads, picking up where the wall-to-wall election campaign left off.
School districts are waiting for congressional approval to set their budgets.
Governor Mike Beebe has made it back to Arkansas from Washington D.C. where he and other governors met with President Obama about the fiscal Cliff.