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Deficit

Scott Olson/Getty Images News

Why GOP is fighting Obama on the sequester

Perry Bacon Jr.
ANALYSIS - The drama around the $85 billion in federal government cuts due to start on March 1, known as the sequester, centers around one fundamental question: how much has President Obama's victory in November changed the nation's political dynamics on fiscal issues?...
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Obama to press GOP on averting cuts

Associated Press
WASHINGTON (AP) — President Barack Obama on Tuesday was to urge congressional Republicans to accept more tax revenue in order to avert looming, across-the-board budget cuts due to take effect in less than two weeks...
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Rev. Al Sharpton and NAACP President Benjamin Jealous march with Trayvon Martin supporters through the historically African-American community of Goldsboro on their way to an NAACP rally in front of the Sanford Police Department on March 31, 2012 in Sanford, Florida.(Photo by Mario Tama/Getty Images)

Black, civic leaders meet with Obama on deficits

theGrio
theGRIO REPORT - With the so-called 'fiscal cliff' approaching at the end of the year, President Barack Obama is holding meetings with various groups, including business and labor leaders...
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(Photo by Chip Somodevilla/Getty Images)

Grover Norquist: Obama campaign called Romney a ‘poopy head’

Ugonna Okpalaoka
theGRIO REPORT - Anti-tax crusader Grover Norquist has his own opinion on why President Barack Obama won the elections: Mitt Romney was portrayed as a 'poopy head'...
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President Barack Obama gestures as he speaks about the economy and the deficit, Friday, Nov. 9, 2012, in the East Room of the White House in Washington. (AP Photo/Carolyn Kaster)

Obama: Wealthy must see higher taxes under plan

Ben Feller, Associated Press
WASHINGTON (AP) - President Barack Obama made his first public comments Friday since the victory speech after his re-election, setting the tone for upcoming tense talks with congressional Republicans on avoiding the so-called 'fiscal cliff'...
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What is the 'fiscal cliff' anyway?

Andrew Taylor, Associated Press
WASHINGTON (AP) - So just what is this 'fiscal cliff' that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin?...
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obamasecondterm

How would Obama govern in a second term?

Perry Bacon Jr
ANALYSIS - If he wins a second term, President Obama is likely to make renewed pushes for comprehensive legislation on immigration and energy, as well as pursue some kind of long-term deficit reduction plan...
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GOP budget deficit obsession bad for blacks

Gerald Mitchell
theGRIO REPORT - This deficit-cutting focus could have severe negative effects, particularly for African-Americans. Look at what's happened in Europe....
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Obama sees 1st monthly budget surplus since 2008

theGrio
The Congressional Budget office released data yesterday showing that the federal government has experienced the first monthly surplus of $58 billion...
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11/21/11 - the Grio and CNBC Market Update

Shartia Brantley
VIDEO - In September sales declined 3 percent and housing inventory increased to 8 and half months of supply as foreclosures continue to weigh on the housing market...
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