As clock ticks, US lawmakers seek fiscal cliff solution
Washington: With the clock ticking toward a New Year’s time bomb of huge tax increases and spending cuts, US lawmakers worked feverishly Saturday to keep...
US tax debate
‘Fiscal cliff’ talks won’t impact US rating: Standard and Poor’s
by AFP
Washington: Rating agency Standard and Poor’s said Friday it does not expect the negotiations over the fiscal cliff to spark another downgrade of the United...
‘No progress’ on fiscal cliff, Obama back to Washington
by AFP
Washington: With President Barack Obama heading back to Washington, Republicans heaped pressure on Democrats on Wednesday to lay out an 11th-hour deal preventing taxes from...
Barack Obama breaks off vacation to deal with fiscal cliff
by AFP
Washington: President Barack Obama was to cut his holiday short and head back to Washington on Wednesday to try to address the “fiscal cliff,” a...
White House issues stark fiscal cliff warning
by AFP
Washington: The White House warned Monday that American consumers will spend $200 billion less in 2013 if the looming fiscal cliff is not averted and...