fiscal cliff

  • 14 Jun 2013 at 3:24 PM

IMF Still Talking About, Hating On Fiscal Cliff

Unchastened by recent difficulties, Christine Lagarde & co. see a smaller-than-expected deficit, rising tax revenues and other signs of a terminally-ill economy and insist they know the solution (this time). Read more »

  • 18 Jan 2013 at 4:45 PM

G.O.P. Rethinks ‘Make U.S. Default’ Strategy

Jonesing for the rush of another ride off a fiscal cliff? The guys who run the House of Representatives are going to disappoint you, again. Read more »

With President Obama sort of signing the fiscal cliff tax deal into law comes this unsurprising tidbit from an unsurprising corner: Read more »

It wasn’t pretty or timely and didn’t seem to make anyone happy, but the fiscal cliff is no more… for another two months. Read more »

House Speaker John Boehner couldn’t hold back when he spotted Senate Majority Leader Harry Reid in the White House lobby last Friday. It was only a few days before the nation would go over the fiscal cliff, no bipartisan agreement was in sight, and Reid had just publicly accused Boehner of running a “dictatorship” in the House and caring more about holding onto his gavel than striking a deal. “Go f— yourself,” Boehner sniped as he pointed his finger at Reid, according to multiple sources present. Reid, a bit startled, replied: “What are you talking about?” Boehner repeated: “Go f— yourself.” The harsh exchange just a few steps from the Oval Office — which Boehner later bragged about to fellow Republicans — was only one episode in nearly two months of high-stakes negotiations laced with distrust, miscommunication, false starts and yelling matches as Washington struggled to ward off $500 billion in tax hikes and spending cuts.[Politico]

Just when things were looking up in the fiscal cliff talks, this happens: Read more »

“We are one decision away from restoring our fiscal and moral authority from around the world,” Dimon said today. “Let’s just do it.” [Dealbook]

“…let’s forget about the rich and ultrarich going on strike and stuffing their ample funds under their mattresses if — gasp — capital gains rates and ordinary income rates are increased. The ultrarich, including me, will forever pursue investment opportunities.” [NYT]