Fiscal Cliff


Sat November 24, 2012

How Steep The Fiscal Cliff Looks From Europe

Originally published on Sat November 24, 2012 8:30 am



This is WEEKEND EDITION from NPR News. I'm Scott Simon. Much of our political oxygen is taken up with fiscal cliff negotiation and speculation in the United States as people try to figure out whether we will indeed go hurtling over into recession or inch back from the edge of the cliff. Since all our economies are linked in a global network these days, we thought we'd get the view of all of this from elsewhere.

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Thu November 22, 2012
It's All Politics

Before The Showdown: The Long Road To The Fiscal Cliff

Originally published on Thu November 22, 2012 2:45 am

Senate Minority Leader Mitch McConnell, R-Ky., prepares to announce a debt ceiling deal in July 2011. That deal laid the foundation for the across-the-board spending cuts set to take effect on New Year's Day, 2013.
Harry Hamburg AP

New Year's Day typically inspires hope and new beginnings. But this next one may be cause for trepidation. Tax cuts for all income levels expire on Jan. 1, 2013, and most federal programs will face a 10 percent haircut — because Congress failed to agree on a deficit-reduction plan.

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Wed November 21, 2012

Fixing Health Care Waste Would Trip Deficit

Originally published on Wed November 21, 2012 7:49 am



In Washington, lawmakers are trying to work out a deal to keep the economy from going over the fiscal cliff. Many economists predict those automatic tax hikes combined with deep spending cuts set to go into effect on New Year's Day would throw the economy back into recession.

A group of top CEOs has been urging lawmakers to reach a deal to keep that from happening. Mark Bertolini is one of them. He's CEO of the health insurer Aetna and he said tax increases are as important as spending cuts. We called him to talk more.

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Tue November 20, 2012
It's All Politics

Obama Campaign Machine May Be Turned Loose On Fiscal Cliff Climbing Congress

Originally published on Tue November 20, 2012 4:19 pm

Jim Messina, President Obama's 2012 campaign manager
Charles Rex Arbogast AP

The 2012 general election may be slipping into the past, but elements of President Obama's successful campaign aren't likely to go away anytime soon.

Just as it did after the president's 2008 election, the Obama campaign appears very likely to keep alive parts of the grass-roots effort that contributed to victory. And, just like four years ago, the idea would be to use the corps of Obama organizers and volunteers to push for the president's second-term agenda.

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Tue November 20, 2012
The Two-Way

A Grand Bargain Could Bring Good New Year For U.S. Economy, Says Bernanke

Federal Reserve Chairman Ben Bernanke warned again that driving off the fiscal cliff could be detrimental to the U.S. economy. However, if a grand bargain is reached by politicians in Washington, Bernanke said during a speech a the Economic Club of New York, it could be a good new year for the U.S.

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