519. The Fiscal Cliff Hanger

“Fiscal cliff” is the popular shorthand term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect.
Among the laws set to change at midnight on December 31, 2012, are the end of last year’s temporary payroll tax cuts (resulting in a 2% tax increase for workers), the end of certain tax breaks for businesses, shifts in the alternative minimum tax that would take a larger bite, the end of the tax cuts from 2001-2003, and the beginning of taxes related to President Obama’s health care law. At the same time, the spending cuts agreed upon as part of the debt ceiling deal of 2011 will begin to go into effect. According to Barron's, over 1,000 government programs - including the defense budget and Medicare are in line for "deep, automatic cuts."
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422. The Debt Ceiling Debacle

WASHINGTON — President Obama repeated his call Saturday morning, for House Republicans to accept a compromise that would allow the federal government to borrow more money, avoiding a potential default on its obligations. But there was no sign of progress toward a deal after the Senate on Friday night quickly rejected a Republican plan that had passed the House only hours earlier. Senate Republicans, meanwhile, were blocking a vote on a rival Democratic plan.
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406. Anthony Weiner

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375. The 112th United States Congress



The One Hundred Twelfth United States Congress is the current meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It convened in Washington, D.C. on January 3, 2011 and will end on January 3, 2013.

347/241. 2010 Mid-Term Election

2010 MIDTERM ELECTION

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