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<title>US fiscal cliff: In depth news, commentary and analysis from the Financial Times</title>
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<description>Get in depth coverage of budget talks between the White House and Congressional leaders to avert a looming fiscal crisis and possible recession caused by a round of tax increases and spending cuts scheduled for the end of the year</description>
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<pubDate>Sun, 03 Mar 2013 18:59:23 GMT</pubDate>
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<title>Boehner sees reform as way to budget deal</title>
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<description>Speaker rejects White House call for some tax increases to end impasse and questions whether some of Obama’s most dire warnings exaggerated</description>
<pubDate>Sun, 03 Mar 2013 18:59:23 GMT</pubDate>
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<title>Obama warns of long fiscal crisis</title>
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<description>President says the US economy and many middle-class Americans would suffer some damage, though he said the cuts would not necessarily be catastrophic</description>
<pubDate>Fri, 01 Mar 2013 18:50:41 GMT</pubDate>
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<title>Washington drifts into budget crisis</title>
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<description>How Washington has drifted into sequestration is a symbol of the near-total breakdown in relations between President Barack Obama and the Republican leadership</description>
<pubDate>Fri, 01 Mar 2013 22:10:30 GMT</pubDate>
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<title>Chances of sequester quick fix run out</title>
<link>http://www.ft.com/cms/s/0/3745ae98-81bd-11e2-ae78-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>The more likely scenario is that Republicans will opt to avoid a political fight over a government shutdown and try to simply reshuffle the $85bn in spending cuts this year</description>
<pubDate>Thu, 28 Feb 2013 19:36:42 GMT</pubDate>
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<title>US braced as cuts deadline passes</title>
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<description>Sequestration, which will hit everything from housing vouchers to naval shipbuilding with $85bn in cuts for the rest of this year, threatens growth</description>
<pubDate>Thu, 28 Feb 2013 19:24:58 GMT</pubDate>
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<title>Obama has always planned to slash spending</title>
<link>http://blogs.ft.com/the-a-list/2013/02/27/obama-has-always-planned-to-slash-spending/?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>The president has never suggested more robust tax revenues to fund a higher sustained level of public investments and services, writes Jeffrey Sachs</description>
<pubDate>Wed, 27 Feb 2013 15:54:18 GMT</pubDate>
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<title>Washington nerves jangle at sequestration</title>
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<description>Looming government cuts bring fears for consumer spending and job losses, but the US capital is the region most able to withstand such a shock</description>
<pubDate>Wed, 27 Feb 2013 14:10:03 GMT</pubDate>
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<title>US food shortages loom amid budget cuts</title>
<link>http://www.ft.com/cms/s/0/a503d9ea-803d-11e2-96ba-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>Cuts to the US department of agriculture’s budget could halt production, causing the first widespread shortage of meat, poultry and eggs in decades</description>
<pubDate>Wed, 27 Feb 2013 15:36:57 GMT</pubDate>
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<title>Obama to meet lawmakers over cuts</title>
<link>http://www.ft.com/cms/s/0/25834b6e-8101-11e2-9fae-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>Barack Obama will meet with John Boehner, Mitch McConnell, Nancy Pelosi and Harry Reid at the White House on the day sequestration takes effect</description>
<pubDate>Wed, 27 Feb 2013 17:54:17 GMT</pubDate>
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<title>US budget: Another crisis looms</title>
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<description>If the White House and Republicans cannot agree on how to fund $1.2tn in deficit reduction, the fallout will be dire. By Richard McGregor and James Politi</description>
<pubDate>Tue, 26 Feb 2013 20:42:26 GMT</pubDate>
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<title>Shipyard workers hear Obama warn over cuts</title>
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<description>Visiting a Newport News shipyard, president says 90,000 Virginians who work in defence might be forced to take time off without pay</description>
<pubDate>Tue, 26 Feb 2013 23:47:09 GMT</pubDate>
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<title>Republican presses on with tax reform plan</title>
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<description>Dave Camp, chairman of the main tax-writing committee in the House of Representatives, pledged to press ahead with proposals to reform the US tax code</description>
<pubDate>Tue, 26 Feb 2013 22:55:14 GMT</pubDate>
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<title>Release of immigrants draws Republican ire</title>
<link>http://www.ft.com/cms/s/0/55d57596-805f-11e2-aed5-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>US authorities release hundreds of illegal immigrants from detention in preparation for budget cuts, drawing anger from Republican lawmakers</description>
<pubDate>Tue, 26 Feb 2013 22:29:43 GMT</pubDate>
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<title>Obama presses Congress over cuts</title>
<link>http://www.ft.com/cms/s/0/087e1d12-7f73-11e2-8d96-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>Economists have estimated that sequestration would cut growth by 0.3 to 0.6 percentage points in 2013, if fully implemented</description>
<pubDate>Mon, 25 Feb 2013 22:22:29 GMT</pubDate>
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<title>US cuts poised to hit long-term unemployed</title>
<link>http://www.ft.com/cms/s/0/346868d8-7ea6-11e2-a792-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>Under budget sequestration, about 3.8m Americans who have been unemployed for more than six months could lose a little less than $30 per week</description>
<pubDate>Sun, 24 Feb 2013 21:05:45 GMT</pubDate>
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<title>Obama presses for late rethink on cuts</title>
<link>http://www.ft.com/cms/s/0/203bceec-7eae-11e2-a792-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>The cuts threaten to undermine the fragile economic recovery at the start of Mr Obama’s second term and his ability to pursue other reforms</description>
<pubDate>Mon, 25 Feb 2013 03:09:18 GMT</pubDate>
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<title>US businesses sanguine about sequestration</title>
<link>http://www.ft.com/cms/s/0/b1bc2634-7c72-11e2-91d2-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>Business groups are less worried about the looming budget sequestration than about the fiscal cliff, judging the impact to be less severe</description>
<pubDate>Thu, 21 Feb 2013 23:37:04 GMT</pubDate>
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<title>The deal to avoid a US fiscal crunch</title>
<link>http://www.ft.com/cms/s/0/295045ac-7abd-11e2-9c88-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>The indiscriminate cuts of the looming sequestration have the logic of invading Iraq when the attack came from Afghanistan, says Roger Altman</description>
<pubDate>Thu, 21 Feb 2013 18:48:30 GMT</pubDate>
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<title>Obama takes aim at ‘meat cleaver’ cuts</title>
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<description>President issues warning over $1.2tn in automatic spending cuts as co-chairs of the bipartisan debt commission present plan to avert automatic sequester</description>
<pubDate>Tue, 19 Feb 2013 18:54:56 GMT</pubDate>
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<title>Renewed push on US deficit deal</title>
<link>http://www.ft.com/cms/s/0/8be04e96-7a91-11e2-9cc2-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>Bipartisan duo of Alan Simpson and Erskine Bowles are spearheading calls for $2.4tn in further spending cuts and tax increases over the next 10 years</description>
<pubDate>Tue, 19 Feb 2013 18:38:59 GMT</pubDate>
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<title>Democrats pitch $110bn deal to avoid cuts</title>
<link>http://www.ft.com/cms/s/0/3be91d90-76f5-11e2-b925-00144feabdc0.html?ftcamp=published_links%2Frss%2Findepth_us-fiscal-cliff%2Ffeed%2F%2Fproduct</link>
<description>Both Republicans and Democrats are adamant they want to avoid this buts, but the bill, is unlikely to help bridge the partisan gap</description>
<pubDate>Fri, 15 Feb 2013 00:01:28 GMT</pubDate>
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<title>US must do more than focus on deficit</title>
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<description>While medium-term fiscal restraint is necessary, a broader, growth-centred agenda is needed to propel the economy, writes Lawrence Summers</description>
<pubDate>Sun, 10 Feb 2013 19:12:12 GMT</pubDate>
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<title>US citizens braced for austerity impact</title>
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<description>No one is sure how the effects of the cuts will play out, but experts predict a dire impact on US economic activity, with government workers likely to be hit</description>
<pubDate>Thu, 07 Feb 2013 19:59:33 GMT</pubDate>
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<title>White House and business split over tax</title>
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<description>Split between president and business lobby over avoiding automatic spending cuts could cast a long shadow over the prospect for broad tax reform</description>
<pubDate>Wed, 06 Feb 2013 19:25:38 GMT</pubDate>
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<title>US budget deficit expected to shrink</title>
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<description>An improvement in US fiscal position will continue through 2015, according to Congressional budget office, but a fight still looms over spending cuts</description>
<pubDate>Tue, 05 Feb 2013 22:06:52 GMT</pubDate>
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