It should be embarrassing enough that President Obama and House Republicans postponed making tough fiscal decisions by kicking the can down the road to...
Rep. Tom Cole (R-Okla.) on Tuesday pressed his fellow Republicans to go along with President Barack Obama's plan to raise taxes on the wealthiest Americans for the time being in order to avoid the so-called "fiscal cliff." In an interview with Politico, the Republican said he has encouraged his colleagues in the House to extend the Bush tax rates ...
(AP) — Talk of compromise on a broad budget deal greeted returning lawmakers Monday, but agreement still seemed distant as the White House and congressional Republicans ceded little ground on a key sticking point: whether to raise revenue through higher tax rates or by limiting tax breaks and deductions. House Speaker John Boehner,...