January 3rd, 2013
11:11 AM ET
1 year ago

Calls from tea party for 'consequences' of fiscal cliff vote

(CNN) - Prominent tea party voices are calling for action following the fiscal cliff votes this week in Washington.

Amy Kremer, leader of the group Tea Party Express, said Thursday she is "outraged" over the deal, which was struck between Senate Republican Leader Mitch McConnell and Vice President Joe Biden. It allows tax rates on wealthy earners - families earning over $450,000 and individuals earning over $400,000 - to expire while extending the tax breaks passed under President George W. Bush for earners below those thresholds.
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Filed under: Fiscal Cliff • Tea Party • Tea Party Express
Are the days of Congress 'going big' over?
January 3rd, 2013
09:07 AM ET
1 year ago

Are the days of Congress 'going big' over?

Washington (CNN) - It was a common refrain during the House and Senate late-night votes to avert the fiscal cliff. Senator after senator, congressman after congressman lamented the fact that the legislation didn't "do more," "go bigger" or that it was "far from perfect."

Political watchers believed the fiscal cliff negotiations were the perfect time for President Barack Obama and House Speaker John Boehner to hatch a "grand bargain" - a deal that would have included both large increases in tax revenue and major cuts in government spending. At the time, both men looked better positioned to deliver a bipartisan plan. Boehner seemed to have a firmer hand on his caucus leading up to the talks, and the president was coming off a hard-fought re-election win.

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Filed under: Congress • Fiscal Cliff
January 3rd, 2013
08:25 AM ET
1 year ago

New faces on Capitol Hill: List of freshmen lawmakers

(CNN) - The 113th Congress will be sworn in Thursday, including more than 90 freshmen lawmakers. Read more on the challenges the new Congress will face.

After the jump, see a list of all freshmen senators and representatives.
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Filed under: Congress
Ronald Reagan's former home for sale for $5 million
January 3rd, 2013
08:10 AM ET
1 year ago

Ronald Reagan's former home for sale for $5 million

(CNNMoney) - The Pacific Palisades, Calif., home where Ronald and Nancy Reagan lived just before they moved to the White House is on the market.

In the 1950s Ronald Reagan's best movies were behind him, but he still had enough charm to be asked to host "General Electric Theater," an early television anthology show.

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Filed under: Ronald Reagan
Deficit hawks: Fiscal cliff deal a real downer
January 3rd, 2013
07:38 AM ET
1 year ago

Deficit hawks: Fiscal cliff deal a real downer

New York (CNNMoney) – For the near term? Good. For the long term? Oh, puh-leeze.

That, in a nutshell, summarizes how independent deficit hawks view the fiscal cliff compromise that Congress passed on Tuesday and which President Obama signed into law Wednesday.

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Filed under: Debt • Fiscal Cliff
New Congress takes office Thursday, will tackle old Congress' leftovers
January 3rd, 2013
07:34 AM ET
1 year ago

New Congress takes office Thursday, will tackle old Congress' leftovers

(CNN) - A new Congress takes office Thursday, and many of the same difficult issues that snagged the last one will fall into its lap.

President Barack Obama has signed into law a bill to avert the fiscal cliff, a deal worked out after lengthy, grinding friction between Democrats and Republicans. The political theatrics kept Americans and people around the world on pins and needles over how the outcome would affect the shaky global economy.

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Filed under: Congress
Obama signs bill warding off fiscal cliff
January 3rd, 2013
07:31 AM ET
1 year ago

Obama signs bill warding off fiscal cliff

(CNN) - President Barack Obama has signed into law a bill to avert the fiscal cliff, a day after the House and Senate approved the much-debated legislation.

Obama, who returned to his family vacation in Hawaii after Tuesday's House vote, signed the bill via autopen on Wednesday.

FULL STORY

Filed under: Fiscal Cliff • President Obama
Obama signs bill warding off fiscal cliff
President Barack Obama makes a statement alongside Vice President Joe Biden in the White House Briefing Room following the bill's passage by the House. (Photo by Brendan Hoffman/Getty Images)
January 3rd, 2013
05:10 AM ET
1 year ago

Obama signs bill warding off fiscal cliff

(CNN) - President Barack Obama has signed into law a bill to avert the fiscal cliff, a day after the House and Senate approved the much-debated legislation.

Obama, who returned to his family vacation in Hawaii after Tuesday's House vote, signed the bill via autopen on Wednesday.

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Filed under: Fiscal Cliff • President Obama
POLITICAL HOT TOPICS: Thursday, January 03, 2013
January 3rd, 2013
04:34 AM ET
1 year ago

POLITICAL HOT TOPICS: Thursday, January 03, 2013

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.

WASHINGTON/POLITICAL

CNN: McConnell: Debt debate 'starts today'
Hours after Congress sent a bill for the president's signature to avoid the fiscal cliff, Senate Minority Leader Mitch McConnell is already gearing up for the next showdown. The Kentucky Republican wrote in an op-ed that President Barack Obama should be prepared to "have a fight" over government spending and the debt limit in the coming weeks, adding that the tax debate is now a thing of the past with the new legislation.

CNN: Filibuster fight put off as reform negotiations continue
Senate Majority Leader Harry Reid has put off for another day a potentially ugly fight over filibuster reform, a Democratic leadership aide said Wednesday. The issue was set to come to a head Thursday when Reid was considering forcing a major change of Senate rules – over the objections of Republicans – that would have made it harder for GOP senators to filibuster beginning debate on measures they oppose or want to amend.

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Filed under: Political Hot Topics
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