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Fiscal Cliff (2013)

A collection of news and information related to Fiscal Cliff (2013) published by this site and its partners.

Top Fiscal Cliff (2013) Articles

Displaying items 13-24
  • Wall Street shrugs off sequester

    Wall Street shrugs off sequester
    The drumbeat for weeks has been that $85 billion in across-the-board federal spending cuts known as the sequester would be so horrendous for the economy that lawmakers in Washington would be forced to compromise by the March 1 deadline. When no deal was...
  • As we head for the cliff, Congress throws Corzine a lifeline

    As we head for the cliff, Congress throws Corzine a lifeline
    In case anyone missed the news — and judging by the fact that there aren't angry mobs storming Washington, everyone missed the news — Congress recently absolved Jon Corzine of being criminally responsible for actions that "wiped out...
  • On sequestration, Obama becomes extortionist in chief

    On sequestration, Obama becomes extortionist in chief
    At the end of 1995 and stretching into January 1996, the federal government "shut down" because of an impasse between President Bill Clinton and House Republicans led by then-House Speaker Newt Gingrich. The issue was increased taxes vs. less spending....
  • Wrong to blame GOP for showdown

    Wrong to blame GOP for showdown
    What a joke your editorial regarding pending federal budget cuts is ("The GOP sequester," Feb. 22). Do you not research information anymore, or do you just call up some liberal Democrats for advice? Maybe you're just blind and believe anything that...
  • Sequester is not just GOP's fault

    Sequester is not just GOP's fault
    It is nice to know that The Sun has received the White House talking points on the sequester and written an editorial based on them, as I expect nothing less from you ("The GOP sequester," Feb. 22). Blame can be attached to both sides. The Democrats and...
  • State lawmakers hopeful for city schools facilities plan

    State lawmakers hopeful for city schools facilities plan
    Lawmakers across Maryland lauded the Baltimore school system's ambitious $2.4 billion blueprint to shed underused school buildings and upgrade the most dilapidated ones — calling the plan a critical first step in securing financial backing from...
  • White House warns of education, defense cuts in Md.

    White House warns of education, defense cuts in Md.
    WASHINGTON -- Maryland would lose $14.4 million in federal education funding, roughly 46,000 Department of Defense employees would be furloughed and 2,050 fewer children would receive vaccines if looming across-the-board spending cuts are allowed to...
  • Social Security braces for budget cuts, frustrated public

    Social Security braces for budget cuts, frustrated public
    Checks will arrive on time, but nearly every other task the Social Security Administration performs — from answering phones to determining eligibility for claims — will be delayed if Congress fails to stop steep federal budget cuts from taking...
  • Obama visits with U.S. Senate Democrats in Annapolis

    Obama visits with U.S. Senate Democrats in Annapolis
    President Barack Obama slipped into Annapolis Wednesday for a private meeting with U.S. Senate Democrats focused on the nation’s latest fiscal crisis — a visit that temporarily closed roads and a handful of businesses a mile from the...
  • Little action to stop defense cuts, despite warnings

    Defense officials and their allies in Congress have done their best to create a sense of crisis about impending budget cuts, but their warnings have failed to produce any visible result. Instead, partisan divisions have hardened over how to avoid the...
  • Tax hikes would harm Md. economy, White House report finds

    WASHINGTON -- Marylanders would spend nearly $3.9 billion less in 2013 if Congress fails to extend middle-class tax cuts, according to a report released Wednesday by the White House that is part of a broader campaign to influence fiscal cliff...
  • Obama's Susan Rice conundrum

    Obama's Susan Rice conundrum
    U.N. Ambassador Susan Rice has become a willing pawn in Senate Republicans' efforts to force President Barack Obama into a costly and unnecessary fight over who will serve as his secretary of state when Hillary Clinton leaves that post in the new year....