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Fiscal Cliff

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    Jan 2, 2013 |Story| WSBT-TV
  1. Despite deal, taxes to rise for most of us

    <span style="font-size: small;">WASHINGTON (AP) &mdash; While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.</span>
    WASHINGTON (AP) — While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013. That's because the legislation did...

    Tags: Republican Party, Washington, DC, U.S. Congress, Crime, Law and Justice, Healthcare Laws

  2. Dec 31, 2012 |Story| South Bend Tribune
  3. UPDATE: 11th-hour fiscal cliff deal reported

    <span style="font-size: small;">WASHINGTON -- Racing against the clock, the White House reached</span><span style="font-size: small;"> agreement with congressional Republicans late Monday on a deal to</span><span style="font-size: small;"> prevent across-the-board tax increases and spending cuts to government</span><span style="font-size: small;"> programs from taking effect at midnight, according to administration</span><span style="font-size: small;"> and Senate Democratic officials.</span>
    South Bend Tribune
    WASHINGTON -- Racing against the clock, the White House reached agreement with congressional Republicans late Monday on a deal to prevent across-the-board tax increases and spending cuts to government programs from taking effect at midnight, according...

    Tags: White House, Washington, DC, Republican Party, Internal Revenue Service, U.S. Congress

  4. Dec 25, 2012 |Story| AP Broadcast
  5. Anti-tax conservatives say they'd rather jump off cliff than compromise

    <span style="font-size: small;">BOSTON (AP) &mdash; In the city where a protest over tax policy sparked a revolution, modern day tea party activists are cheering the recent Republican revolt in Washington that embarrassed House Speaker John Boehner and pushed the country closer to a "fiscal cliff" that forces tax increases and massive spending cuts on virtually every American.</span>
    BOSTON (AP) — In the city where a protest over tax policy sparked a revolution, modern day tea party activists are cheering the recent Republican revolt in Washington that embarrassed House Speaker John Boehner and pushed the country closer to a...

    Tags: Republican Party, CBS Corp., U.S. Congress, Activism, Parties and Movements

  6. Dec 9, 2012 |Story| WSBT-TV
  7. Donnelly on fiscal cliff: 'If we had a vote tomorrow, we could get this done'

    <span style="font-size: small;">Joe Donnelly was back in the South Bend area Sunday.</span>
    Joe Donnelly was back in the South Bend area Sunday. The 2nd District congressman who won the senate seat currently held by Dick Lugar was visiting the Food Bank of Northern Indiana. We asked him about the pending drama surrounding the so-called "fiscal...

    Tags: Richard Lugar, Joe Donnelly

  8. Jan 2, 2013 |Story| WSBT-TV
  9. 2013 auto sales will be strong, firm predicts

    DETROIT (AP) — A healthier economy and more model introductions should push U.S. auto sales above the 15 million mark this year, predicts an auto industry research firm. The Polk research firm says auto sales should continue to lead the country'...

    Tags: Toyota, Vehicles, Services and Shopping, New Year's Day, Automotive Equipment

  10. Jan 2, 2013 |Story| WSBT-TV
  11. FISCAL CLIFF VOTE: How our congressmen voted on new tax deal

    <span style="font-size: small;">While the tax package Congress passed New Year's Day is expected to protect 99% of us from an income tax increase, most of us will still end up paying more federal taxes in 2013. That's because the legislation did nothing to prevent a temporary reduction in the Social Security payroll tax from expiring. In 2012, that 2-percentage-point cut in the payroll tax was worth about $1,000 to a worker making $50,000 a year.</span>
    While the tax package Congress passed New Year's Day is expected to protect 99% of us from an income tax increase, most of us will still end up paying more federal taxes in 2013. That's because the legislation did nothing to prevent a temporary...

    Tags: Washington, DC, U.S. Congress, New Year's Day, Family, Politics

  12. Dec 25, 2012 |Story| WSBT-TV
  13. Obama has long work list to tackle when he returns

    WASHINGTON (AP) — It's hardly a secret that Barack Obama, like every president no doubt, muses about his ultimate legacy and spot in the presidential pantheon. He approaches his second term confronting tough and shifting challenges that will play...

    Tags: Republican Party, Washington, DC, White House, U.S. Congress, Crime, Law and Justice

  14. Dec 4, 2012 |Story| AP Indiana
  15. New inflation gauge would cut benefits, hike taxes

    <span style="font-size: small;">WASHINGTON (AP) &mdash; Tweaking the way the government measures inflation sounds like an obscure method to help reduce budget deficits, but over time it would lead to significantly lower Social Security benefits while increasing taxes, mainly on low- and middle-income families.</span>
    WASHINGTON (AP) — Tweaking the way the government measures inflation sounds like an obscure method to help reduce budget deficits, but over time it would lead to significantly lower Social Security benefits while increasing taxes, mainly on low- and...

    Tags: Petroleum Industry, Tom Harkin, Washington, DC, Republican Party, Parties and Movements

  16. Dec 26, 2012 |Story| WSBT-TV
  17. Starbucks cups to come with a political message

    NEW YORK (AP) — Starbucks is using its coffee cups to jump into the political fray in Washington. The world's biggest coffee chain is asking employees at cafes in the Washington D.C. area to scribble the words "Come Together" on cups for drink...

    Tags: Howard D. Schultz, Starbucks Corp.

  18. Dec 23, 2012 |Story| AP Indiana
  19. Don't be fooled by January pay _ higher taxes loom

    <span style="font-size: small;">WASHINGTON (AP) &mdash; Workers probably won't feel the full brunt of next year's <span style="color: red;">tax</span>&nbsp;<span style="color: red;">increases</span> in their January paychecks, but don't be fooled by the temporary reprieve.</span>
    WASHINGTON (AP) — Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled by the temporary reprieve. No matter what Congress does to address the year-end fiscal cliff, it's already...

    Tags: Republican Party, Washington, DC, White House, Internal Revenue Service, U.S. Congress

  20. Dec 2, 2012 |Story| AP Indiana
  21. 'Cliff' talks: Geithner invites GOP counteroffer

    <span style="font-size: small;">WASHINGTON (AP) &mdash; President Barack Obama is ready to entertain Republican proposals for spending cuts, but GOP lawmakers must first commit to higher tax rates on the rich and specify what additional spending cuts they want in a deal to avoid the looming "fiscal cliff," Treasury Secretary Timothy Geithner said.</span>
    WASHINGTON (AP) — President Barack Obama is ready to entertain Republican proposals for spending cuts, but GOP lawmakers must first commit to higher tax rates on the rich and specify what additional spending cuts they want in a deal to avoid the...

    Tags: White House, Washington, DC, Republican Party, Parties and Movements, CNN (tv network)

  22. Nov 26, 2012 |Story| South Bend Tribune
  23. Fiscal cliff looms for Congress

    <span style="font-size: small;">As most Americans shift into holiday mode, members of Congress are</span><span style="font-size: small;"> going back to work this week.</span>
    South Bend Tribune
    As most Americans shift into holiday mode, members of Congress are going back to work this week. They have some important work to finish before the end of the year. The fiscal cliff -- a $600 billion combination of tax hikes and spending cuts -- is...

    Tags: Republican Party, New Year's Day, Dan Coats, Mayo Clinic, Government Health Care

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Fiscal Cliff Photos
A hard-fought 'fiscal cliff' deal was finally reached o...
(January 22, 2013)
Fiscal cliff deal
Concerned that Congress will not avert a series of deep...
(January 16, 2013)
Money set aside to avoid fiscal cliff
FILE - In this Tuesday, Jan. 1, 2013, file photo, the d...
(January 6, 2013)
AP Photo/Jacquelyn Martin, File