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Fiscal Cliff

TheGrio CNBC Market Update

theGrio and CNBC Market Update

Shartia Brantley
VIDEO - New claims for jobless benefits rose from 4,000 to 371,000, and continuing claims were a bright spot, reaching their lowest level in more than four years...
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U.S. President Barack Obama greets guests before delivering remarks about the fiscal cliff negotiations in the Eisenhower Executive Office Building next to the White House December 31, 2012 in Washington, DC. Obama said he was hopeful that an agreement could be found to avert the fiscal cliff in Congress, which is closing in on a deal that would raise taxes on households that make more than $450,000 a year and individuals who make more than $400,000. (Photo by Chip Somodevilla/Getty Images)

Poll: Public approves of Obama's handling of fiscal cliff

Marquise Francis
theGRIO REPORT - While the resolution of the fiscal cliff fight has left Americans divided, President Barack Obama's approval far exceeds that of House Speaker John Boehner (R-Ohio), according to a Washington Post/ABC poll released Tuesday...
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Alex Wong/Getty Images News

Obama: Debt ceiling must be raised by Congress

Matthew Daly, Associated Press
HONOLULU (AP) - President Barack Obama is hailing a last-minute deal that avoids the so-called fiscal cliff but says it's just one step in a broader effort to boost the economy and shrink federal deficits...
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Sasha Obama, left, and Malia Obama back right, eat their shave ice as they exits Island Snow with family members and friends ahead of their father President Barack Obama, Thursday, Jan. 3, 2013, in Kailua, Hawaii. President Obama and the first family are in Hawaii for a holiday vacation. (AP Photo/Carolyn Kaster)

Obamas enjoy bowling and shaved ice

Associated Press
KAILUA, Hawaii (AP) - How President Barack Obama spent the second day of his holiday vacation in Hawaii on Thursday...
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Getty Images News

Obama signs 'fiscal cliff' deal to boost taxes on wealthy

Matthew Daly, Associated Press
HONOLULU (AP) - President Barack Obama has signed a bill that boosts taxes on the wealthiest Americans, while preserving tax cuts for most American households...
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President Barack Obama leaves the Oval Office to board Marine One and depart from the White House in the early morning hours of January 2, 2013 in Washington D.C.. He will return to Hawaii, after coming back to Washington DC during his holiday to work on the 'fiscal cliff' issue. (Photo by Aude Guerrucci-Pool/Getty Images )

Why President Obama took the fiscal cliff deal

Perry Bacon Jr.
ANALYSIS - Some liberals were disappointed with the agreement President Obama accepted to avoid the fiscal cliff, which included dropping his pledge to raise taxes on all income above $250,000 and not including a provision to raise the debt ceiling...
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President Barack Obama arrives to deliver a statement in the White House Briefing Room following passage by the House of tax legislation on January 1, 2013 in Washington, DC. The House and Senate have now both passed the legislation, averting the so-called fiscal cliff. (Photo by Brendan Hoffman/Getty Images)

House passes bill to stave off 'fiscal cliff'

Associated Press
WASHINGTON (AP) - The bill's passage on a 257-167 vote late Tuesday night in the House of Representatives sealed a hard-won political triumph for the president less than two months after he secured re-election...
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capitol-16x9.jpg

'Cliff' bill to House, but doubts on spending cuts

Andrew Taylor, Associated Press
WASHINGTON (AP) - The Senate-approved compromise to avert the 'fiscal cliff' ran headlong into opposition from the No. 2 House Republican and other GOP lawmakers Tuesday...
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President Barack Obama delivers remarks about the fiscal cliff negotiations in the Eisenhower Executive Office Building next to the White House December 31, 2012 in Washington, DC. Obama said he was hopeful that an agreement could be found to avert the fiscal cliff in Congress, which is closing in on a deal that would raise taxes on households that make more than $450,000 a year and individuals who make more than $400,000. (Photo by Chip Somodevilla/Getty Images)

Deal to avert fiscal cliff appears within reach

NBC News
NBC NEWS - An agreement in principle to avert broad tax increases and spending cuts appeared imminent Monday night...
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President Barack Obama (R) shakes hands with Speaker of the House John Boehner (R-OH) during a meeting with bipartisan group of congressional leaders in the Roosevelt Room of the White House on November 16, 2012 in Washington, DC. Obama and congressional leaders of both parties are meeting to reportedly discuss deficit reduction before the tax increases and automatic spending cuts go into affect in the new year. (Photo by Olivier Douliery-Pool/Getty Images)

White House, congressional GOP near cliff deal

theGrio
theGRIO REPORT - Urged by many liberals to go over the so-called fiscal cliff and force Republicans to accept whatever deal he offers, while centrists and Republicans say he must lead Washington to a compromise, President Obama is instead pursuing both options...
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