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Top economic experts and those who have completed graduate tax programs say a series of automatic tax hikes and tax credit reductions could cost the average taxpayer thousands of dollars and could send the U.S. into another recession. It's said a...
Tags: Credit and Debt
HONOLULU (AP) — President Barack Obama is hailing a last-minute deal that pulled the country back from the "fiscal cliff," but warned that he "will not compromise" over his insistence that Congress lift the federal debt ceiling. Obama said in...
CBS NewsMost of the world is counting down to a midnight New Year's celebration while Congress continues to watch the clock and count down to another deadline, despite the efforts of lawmakers to avert the "fiscal cliff." Those efforts are inching closer to the...
The fiscal cliff battle in Washington is over for now, but another economic standoff is brewing. President Obama says he will not allow spending cuts in exchange for a hike in the national debt limit. Many Republicans say the president has no choice....
Tags: U.S. Congress, Republican Party
DES MOINES, Iowa (AP) — Republicans in Congress who took the politically risky step of voting to raise taxes now find themselves trying to fend off potential primary challenges next year from angry conservatives. These lawmakers wasted little time...
Tags: U.S. Senate, U.S. Congress, Voting, Democratic Party, Politics
INDIANAPOLIS (AP) — Indiana's departing U.S. Sen. Richard is leaving the Senate with one last act of compromise in support of Congress' "fiscal cliff" deal. The Republican will leave the Senate on Thursday after having cast 13,067 votes over...
On the occasion of their separate swearing-in ceremonies Thursday, the area's two newest members of Congress both described being humbled by the opportunity to serve the people of Indiana. “It is an incredible honor and extremely humbling to have...
WASHINGTON (AP) — In case the public weren't frustrated enough over Congress' failure to resolve the "fiscal cliff," consider this: lawmakers probably could enact a compromise quickly and easily if Republican leaders let Democrats provide most of...
WSBT-TVSOUTH BEND -- Mayor Pete Buttigieg was among dozens of local leaders the White House recruited, Wednesday, to help send the message to Congress that something must be done soon in order to avoid the approaching fiscal cliff. Buttigieg, along with...
Tags: U.S. Congress, Barack Obama, White House, Politics
CBS NewsDespite some tentative signs of progress on a deal to avert the so-called "fiscal cliff," House Speaker John Boehner continues to insist that Republicans and Democrats are as far apart as ever in the negotiating process -- and is sending out warning...
WASHINGTON (AP) — Five weeks after President Barack Obama won re-election and gained more leverage to make GOP conservatives bend on taxes, the new balance of power is proving vexing for both sides. Republicans still aren't budging on Obama'...
Dec 17, 2012 |Story| WSBT-TV
Jan 6, 2013 |Story| AP Indiana
Dec 31, 2012 |Story| CBS
Jan 9, 2013 |Story| WSBT-TV
Jan 5, 2013 |Story| WSBT-TV
Jan 3, 2013 |Story| WSBT-TV
Jan 3, 2013 |Story| South Bend Tribune
Dec 25, 2012 |Story| WSBT-TV
Dec 12, 2012 |Story| WSBT-TV
Dec 12, 2012 |Story| WSBT-TV
Dec 13, 2012 |Story| WSBT-TV
Jan 2, 2013 |Story| WSBT-TV
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