Senate Leaders Attempt to Hash Out a Last-minute Fiscal Cliff Deal

Senate leaders attempted to hash out a last-minute deal to resolve the fiscal cliff conundrum Dec. 29, but as night fell with no sign of a breakthrough, optimism began to diminish. Minority Leader Mitch McConnell (R-Ky.), who on Friday told reporters he was “hopeful and optimistic” a … [Read more...]

Obama’s Ultimatum – Fiscal Cliff Compromise or Vote

President Barack Obama addressed the nation Dec. 28 following an hour-long negotiation with Congressional leaders on how to avoid the ever-approaching fiscal cliff. According to Obama, he has assigned Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell … [Read more...]