No one retreating; cliff talks seem at standstill

Lawmakers say action this week is vital if Obama and Boehner hope to win approval by the end of the year.

As part of the Patient Protection and Affordable Care Act, the new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income.

Pearl Harbor dead remembered on 71st anniversary

The federal Energy Information Administration (EIA) released its annual energy outlook yesterday, forecasting the nation’s energy supply and demand. EIA’s projections showed continued growth in U.S. energy production that exceeds growth in U.S. energy consumption through 2040. The report highlights ...

"What we have done is kicked this can down the road. We are now at the end of the road and are not in a position to kick it any further. We have to signal seriousness in this by making sure some of the hard decisions are made under my watch, not someone else's. ... You have to have a president who i...

WASHINGTON (AP) -- Treasury Secretary Timothy Geithner said Wednesday that the Obama administration is "absolutely" ready for the U.S. economy to go over the "fiscal cliff" rather than accept a budget deal that doesn't include higher tax rates for top earners.

WASHINGTON (Reuters) - President Barack Obama will renew his case for tax hikes on wealthy Americans to avert a year-end fiscal crunch and call for a smooth increase in the nation's borrowing limit in

The Wall Street Journal offers a list of changes to Medicare, Medicaid and Social Security that would make a real difference, if Republicans make the case and if Obama is really serious.

WASHINGTON (AP) -- It's a decision President Barack Obama put off during the 2012 campaign, but now that he's won a second term, his next move on a proposed oil pipeline between the U.S. and Canada may signal how he will deal with climate and energy issues in the four years ahead.

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Protecting retiree benefits is the left’s version of “no new taxes.”

WASHINGTON, D.C.–U.S. Rep. Billy Long announced the Republican Steering Co ...

To Megan Hildebrandt, President Barack Obama’s Affordable Care Act means she can no longer be denied health insurance because of her lymphatic cancer.

WASHINGTON (AP) -- Amid increasing anxiety that the White House and top Republicans are wasting time as the government slides toward an economy-rattling "fiscal cliff," administration officials are heading to Capitol Hill for talks with congressional leaders.

The Wall Street Journal's Stephen Moore says the White House has shown no interest in balancing tax hikes with spending cuts

To save the nation’s finances, the president has to be bigger than his party.

U.S. Ambassador to the United Nations Susan Rice on Tuesday met with — but failed to sway — three Republican senators who have criticized her comments about the Sept. 11 terrorist attack on the U.S. mission in Benghazi, Libya.

WASHINGTON, D.C.– U.S. Rep. Billy Long, vice chairman of the House Homelan ...

James C. Capretta writes on NRO: Negotiations between congressional Republicans and the White House will intensify this week as the deadline for steering clear of the year-end “fiscal cliff” approaches. Like the 2011 showdown over the debt limit, these talks will be a high-stakes affair for both par...

In The Wall Street Journal, former Congressmen Chris Cox and Bill Archer write that hiding the government's liabilities from the public makes it seem that we can tax our way out of mounting deficits, but we can't.