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Reid: 'Extremely Difficult' to Solve Fiscal Cliff

Posted: 12/11/2012 - The Senate's top Democrat says "it's going to be extremely difficult" to pass legislation to address the so-called fiscal cliff before Christmas, but adds there's still a chance it can be done.

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Democrats: Don't Cut Medicaid in Fiscal Cliff Deal

Updated: 12/11/2012 - Liberal Democratic members of Congress are warning President Barack Obama to not cut the Medicaid health care program as part of negotiations with Republicans over avoiding the so-called fiscal cliff.

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Pelosi Calls for Vote on Extending Most Tax Cuts

Posted: 12/11/2012 - House Democratic Leader Nancy Pelosi is calling on Republicans to permit a vote on President Barack Obama's plan to let tax cuts expire at upper incomes, while keeping them in place for the middle class.

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Boehner: Obama Slow Walking Cliff Talks

Updated: 12/11/2012 - House Speaker John Boehner says President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing to support as part of a compromise.

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Obamas Attend Annual Holiday Concert in Washington

Posted: 12/10/2012 - An annual holiday concert attended by President Barack Obama and his family includes something non-traditional this year: a performance by South Korean rapper and Internet sensation PSY.

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Former Tea Party Leader Blames GOP for Setbacks

Posted: 12/10/2012 - The former leader of a tea party group says the Republican Party and stupid statements by some candidates are to blame for GOP losses in last month's congressional elections

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UN Conference Adopts Extension of Kyoto Accord

Posted: 12/08/2012 - Seeking to control global warming, nearly 200 countries agreed Saturday to extend the Kyoto Protocol, a treaty that limits the greenhouse gas output of some rich countries, but will only cover about 15 percent of global emissions.

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Puerto Rico Governor to Push for Statehood

Posted: 12/08/2012 - Puerto Rico's governor will hold an extraordinary session to push for approval of a resolution urging U.S. Congress and President Barack Obama to honor the results of a recent referendum that would change the island's political status.

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Final Campaign Reports: 2012 Election Nears Record

Posted: 12/06/2012 - Las Vegas casino mogul Sheldon Adelson and his wife poured $33 million into "super" political action committees helping former GOP presidential nominee Mitt Romney in the final weeks of the election.

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Obama, Boehner Speak by Phone on Fiscal Cliff

Updated: 12/05/2012 - President Barack Obama and House Speaker John Boehner discussed the fiscal cliff Wednesday in a telephone call. It followed several days of political sparring over steps to prevent a year-end series of tax increases and spending cuts.

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White House Asks Agencies to Plan for Fiscal Cliff

Updated: 12/05/2012 - The White House budget office has asked federal agencies to calculate more than $100 billion in spending cuts that would go into effect in January if Congress and the Obama administration fail to reach agreement to avert the looming fiscal cliff.

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GOP Leaders Remove 4 from Plum House Committees

Posted: 12/04/2012 - House Speaker John Boehner's decision to take plum committee assignments away from four Republican lawmakers after they bucked party leaders on key votes isn't going over well with conservative advocacy groups.

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Obama: No Fiscal Cliff Deal Without Higher Rates

Updated: 12/04/2012 - President Barack Obama says there will be no deal to avert the "fiscal cliff" unless Republicans drop their opposition to raising tax rates on the wealthiest Americans.

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George H.W. Bush Remains Hospitalized

Updated: 12/04/2012 - Former President George H.W. Bush is improving but remains in a Houston hospital for treatment of a stubborn bronchitis-related cough.

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