Tracy Bloom / TruthdigJan 2, 2013
A look at the day's political happenings, including the House vote on the fiscal cliff deal Tuesday night and President Obama marks the 150th anniversary of one of the most famous presidential proclamations. (UPDATED) Dig deeper ( 3 Min. Read )
Tracy Bloom / TruthdigJan 2, 2013
Instead of deficit reduction, it appears the fiscal cliff deal that was passed in the Senate early Tuesday morning would only add to the federal government's budget problems. Dig deeper ( 2 Min. Read )
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Alexander Reed Kelly / TruthdigJan 2, 2013
Economists predicted the fighting would last six months when World War I broke out in 1914. Wars were too expensive to be sustained, and the approaching fiscal cliffs would soon enough force the nations involved to negotiate a peace treaty. But they didn’t, because those governments simply printed more money, Michael Hudson writes in the first of a series at CounterPunch. Dig deeper ( 3 Min. Read )
Tracy Bloom / TruthdigJan 2, 2013
By casting their ballots in favor of a deal that would avert the so-called fiscal cliff early Tuesday morning, senators overwhelmingly blocked a pay increase for themselves and members of the House that President Obama recently approved via an executive order. Dig deeper ( 1 Min. Read )
Robert Reich / TruthdigJan 2, 2013
The fiscal cliff deal that emerged from the Senate on New Year's Eve is a lousy one. Let me count the ways. Dig deeper ( 2 Min. Read )
Tracy Bloom / TruthdigJan 1, 2013
A look at the day's political happenings, including a marriage milestone in Maryland and Politics Today's pick for the 2012 video of the year. Dig deeper ( 3 Min. Read )
Tracy Bloom / TruthdigJan 1, 2013
It's not just the fiscal cliff people are tired of hearing about--it's the phrase as well. "Fiscal cliff" topped the 38th annual List of Words to Be Banished from the Queen's English for Misuse, Overuse and General Uselessness. That and 11 other terms made up this year's compilation. Dig deeper ( 2 Min. Read )
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