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US fiscal battle

The House of Representatives follows the Senate in passing legislation that prevents the US from going over the so-called fiscal cliff but fresh political battles loom over spending cuts, the deficit and economic policy

From WORLD Mar 3, 2013

Boehner sees reform as way to budget deal

House Speaker John Boehner of Ohio calls on a reporter during a news conference on Capitol Hill in Washington, Friday, Nov. 9, 2012. Boehner said any deal to avert the so-called fiscal cliff should include lower tax rates, eliminating special interest loopholes and revising the tax code. ©AP

No resolution at hand to end $85bn sequestration

From WORLD Mar 1, 2013

Obama warns of long fiscal crisis

President signs the directive to put cuts into effect

FT series

America’s debt dilemma
America’s debt dilemma
The long-term fiscal challenges that will shape the nature of the United States in the 21st century
From WORLD Mar 1, 2013

Washington drifts into budget crisis

Near-breakdown in relations between Obama and Republican leadership

From WORLD Feb 28, 2013

Chances of sequester quick fix run out

Cuts saga likely to run and run

From GLOBAL ECONOMY Feb 28, 2013

US braced as cuts deadline passes

Growth data show economy vulnerable as sequestration kicks in

The A-List from GLOBAL ECONOMY Feb 27, 2013

Obama has always planned to slash spending

President never suggested more robust tax revenues to fund higher public services

The fiscal cliff

John Boehner and Barack Obama ©EPA
NEWPORT NEWS, VA - FEBRUARY 26: U.S. President Barack Obama speaks during a visit to Newport News Shipbuilding February 26, 2013 in Newport News, Virginia. Obama spoke on the impact from the sequester would be for the defense industry and its workers ©Getty From WORLD Feb 27, 2013

Washington nerves jangle at sequestration

Looming government cuts bring fears for jobs and spending

From WORLD Feb 27, 2013

US food shortages loom amid budget cuts

Inspectors’ furlough to halt meat production

From WORLD Feb 27, 2013

Obama to meet lawmakers over cuts

First face-to-face attempt to discuss sequestration

An aircraft carrier on the way to the Middle East has been held in Virginia because of sequestration From COMMENT Feb 26, 2013

US budget: Another crisis looms

If the White House and Republicans cannot agree on how to fund $1.2tn in deficit reduction, the fallout will be dire

From WORLD Feb 26, 2013

Shipyard workers hear Obama warn over cuts

President spells out the consequences of sequestration

From WORLD Feb 26, 2013

Republican presses on with tax reform plan

Camp claims “green light” to craft a bill by end of the year

From WORLD Feb 26, 2013

Release of immigrants draws Republican ire

Hundreds freed from detention ahead of budget cuts

From WORLD Feb 25, 2013

Obama presses Congress over cuts

Governors urged to broker agreement

From WORLD Feb 24, 2013

US cuts poised to hit long-term unemployed

Benefit payments cut nearly 10% if spending curbs are applied

From WORLD Feb 25, 2013

Obama presses for late rethink on cuts

Pressure on Republicans over sequestration

From WORLD Feb 21, 2013

US businesses sanguine about sequestration

Industry lobbying less aggressively to avert budget cuts

The A-List from COMMENT Feb 21, 2013

The deal to avoid a US fiscal crunch

The looming sequestration must be avoided at all costs, says Roger Altman

From WORLD Feb 19, 2013

Obama takes aim at ‘meat cleaver’ cuts

Dire warning over danger of $1.2tn budget sequester

From WORLD Feb 19, 2013

Renewed push on US deficit deal

Bipartisan duo of Simpson and Bowles propose $2.4tn plan

From WORLD Feb 15, 2013

Democrats pitch $110bn deal to avoid cuts

Bill unlikely to bridge partisan divide

Larry Summers Lawrence Summers from COMMENT Feb 10, 2013

US must do more than focus on deficit

A broader, growth-centred agenda is needed to propel the economy, says Lawrence Summers

From WORLD Feb 7, 2013

US citizens braced for austerity impact

No one is sure how the effect of cuts will play out

From WORLD Feb 6, 2013

White House and business split over tax

Tax rises proposed as short-term budget fix looms

From WORLD Feb 5, 2013

US budget deficit expected to shrink

Fight still looms over $1.2tn spending cuts

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