Among the loose ends that lawmakers would like to tie up before the end of this lame-duck session is the farm bill, which is made up mostly of crop subsidies and food stamps.
The last farm bill expired in September. The Senate has passed a new one; the House has not. Farm-state lawmakers are urging leaders to include a farm bill as part of any budget deal to avert year-end tax increases and spending cuts.
Originally published on Tue December 11, 2012 4:33 pm
The back and forth over the "fiscal cliff" continues: House Speaker John Boehner sent a new counterproposal to the White House on Tuesday that, according to a spokesman for the speaker, aims to "achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs."
Tuesday's offer from Boehner follows his remarks on the House floor in which he called on President Obama to identify what spending cuts the White House will accept as part of a "balanced approach" toward a deal.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
ROBERT SIEGEL, HOST:
And I'm Robert Siegel.
Speaker of the House John Boehner took to his chamber's floor today with an update on negotiations over the federal budget. As the clock ticks toward automatic spending cuts and tax hikes, Boehner gave the impression that little has changed.
This is TELL ME MORE, from NPR News. I'm Michel Martin. The latest unemployment numbers are out and while things are getting slightly better overall, younger people who want to work are still having a very tough time. We reached out to an economist who says apprenticeships might offer one way to offer more opportunity to the younger trying to get into the world of work. We'll talk more about that in just a few minutes.
Originally published on Tue December 11, 2012 11:39 am
As weary as many Americans grew of campaign commercials last month, they may be getting even more annoyed this month by endless talk of the fiscal cliff, the massive collection of tax increases and spending cuts set to take effect at year's end.
It's easy to understand the urge to stick fingers in ears and loudly chant "la-la-la-la." The budget problems are indeed complicated, and the negotiations tedious.
But resolving the mess is extremely important: Without a solution, every person who gets a paycheck or has investments will see his or her taxes rise.
Originally published on Tue December 11, 2012 7:06 pm
Update at 6:00 p.m. ET:
Michigan Gov. Rick Snyder has signed into law two controversial "right-to-work" bills passed earlier Tuesday by the state's House. This officially makes Michigan the 24th right-to-work state in the nation.
The two bills give both public and private employees so-called right-to-work protections — controversial pieces of legislation that have sparked protests in and around the state capitol in Lansing.
Originally published on Tue December 11, 2012 10:18 am
As we've said now several times, "the White House and congressional leaders continue to talk about taxes, spending cuts and how to avoid the so-called fiscal cliff that arrives at midnight Dec. 31 — when Bush-era tax cuts are set to expire and automatic spending cuts are set to go into effect."
As NPR and others cover the story, we're pointing to interesting reports and analyses. Here are some of the latest.
A right-to-work protester walks past Michigan state police at the capitol in Lansing on Tuesday. The Michigan Legislature is expected to pass legislation Tuesday that would bar contracts requiring employees to pay union dues as a condition of employment.
Credit Carlos Osorio / AP
Thousands rally at the state capitol grounds in Lansing, Mich., on Tuesday. The crowd is protesting right-to-work legislation.
Michigan's Legislature is expected to pass legislation Tuesday that would bar contracts requiring employees to pay union dues as a condition of employment. The proposed right-to-work law has infuriated union leaders in a state considered the heart of the union movement.
Republican leaders pushing the bill closely watched the fights over labor rights going on across the Midwest, but it wasn't Ohio or Wisconsin that prompted them into action. Many leaders in the public and private sector looked to their neighbor to the immediate south.
Let's take that idea of playing out a little further now. The budget standoff has been described in all sorts of dramatic terms. So we decided to look into what the great works of the stage can tell us about this debate over tax hikes and spending cuts, and how it will play out. Think of it as "The Fiscal Cliff for English Majors."
NPR White House correspondent - and English major - Ari Shapiro has this take.
President Obama and House speaker John Boehner have been holding private conversations about how to avoid the fiscal cliff, but still no deal. That has many in Washington talking about how it wasn't always so difficult to get things done. For some insight, we called John Danforth. He's a former Republican senator from Missouri and spent decades forging deals across the aisle, including the 1986 tax reform law under President Reagan. As he sees it, lawmakers aren't approaching the current problem from the right angle.
Lines of communication remain open in an effort to avert the automatic tax hikes and spending cuts known as the "fiscal cliff," according to the White House and House Speaker John Boehner.
If no deal is reached between now and the end of the year, would the consequences be that drastic?
To answer that question, let's imagine it's January and the nation has gone off the "fiscal cliff." You don't really feel any different and things don't look different, either. That's because, according to former congressional budget staffer Stan Collender, the cliff isn't really a cliff.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
ROBERT SIEGEL, HOST:
And I'm Robert Siegel. President Obama got out of Washington today. He visited a car plant this afternoon in Detroit. The president was there, in part, to talk jobs and to herald some good news for manufacturing in Michigan. But looming over today's visit, and over much of what Mr. Obama does these days, are the budget negotiations back in Washington.
After the U.N. General Assembly upgraded the status of the Palestinian Authority to an observer state the week before last, Israeli Prime Minister Benjamin Netanyahu responded with an expansion of housing plans on the West Bank, near Jerusalem and Tel Aviv. The U.S. called that counterproductive. And it came after Washington had backed Israel in the U.N., helped Egypt mediate a cease-fire in Gaza and funded production of Israel's Iron Dome anti-missile system.
And if past negotiations are any indication, that silence could mean the talks are going well. We're joined now by NPR's congressional reporter Tamara Keith, who has been following developments on the Hill and beyond. And as Ari just said, neither side is talking about the details, but Tamara, what are they saying?
I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, we will hear from one of Africa's most prominent economists, who says that critics who think the developing nations are unreformable are wrong, and she offers lessons from her experience in Nigeria. That conversation is coming up later in the program.
But first, we turn to Ghana, also in West Africa. Elections there were held on Friday, and in a tight race, incumbent President John Dramani Mahama just won a new term with just over 50 percent of the vote.
This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up, we'll hear about elections in Ghana. We'll talk about whether the election of President John Dramani Mahama to a new term confirms the country's reputation for leadership in democratic processes, or perhaps undermines it. That's later.
President Obama in the Oval Office, where there may be some more late night bargaining sessions before a deal is reached to keep the federal government from going over the "fiscal cliff." (December 2009 file photo.)
Details are starting to come out about President Obama's second inauguration next month. The co-chairmen include some leaders of the Democratic Party and the business world as well as actress Eva Longoria. A record crowd came to the nation's capital in 2009 to witness the country's first black president take the oath of office, but this event is expected to be less flashy.
Originally published on Sun December 9, 2012 5:09 pm
Hundreds of people gathered in September at Baltimore's harbor as the wind gusted off the water's edge. Nearly 50 of them were about to be sworn in as U.S. citizens. Some were young, some old. There were uniformed members of the U.S. military, parents and children. There were immigrants from El Salvador, China, Honduras and countries in between. They raised their right hands, recited the naturalization oath to the United States, and were declared fully American.
Sen. Kent Conrad has chaired the Senate Budget Committee since 2006. The Democratic senator from North Dakota is retiring in January 2013, but before leaving the Senate, he is a key player in the negotiations to avoid the so-called "fiscal cliff." Weekend Edition Sunday host Rachel Martin speaks with Sen. Conrad about the challenges to achieving a budget compromise.
It's widely known as the fiscal cliff, but some prominent Republicans have been calling it a "debt crisis." Economists agree such a crisis may be coming, but it's not here yet. Demographic changes are forcing a reckoning of how to pay for what people want from their government.
Originally published on Sun December 9, 2012 12:53 pm
The expiration of Bush-era tax cuts. A patch to the alternative minimum tax. An increase in capital gains taxes.
As the "fiscal cliff" approaches, all of these are possible, but none certain. That uncertainty solicits many questions from anxious taxpayers. But, for accountants and financial planners, there are a few definitive answers.
Financial professionals who spoke with NPR say they are not strangers to uncertainty. When the Bush tax cuts were up for expiration two years ago, for instance, the feeling was similar.
President Obama walks with his daughters Sasha, foreground, and Malia as they leave St. John's Episcopal Church in Washington, on Oct. 28. An analysis of exit polls shows that those who claim no specific religious affiliation were a key Obama voting bloc in the presidential race.
With all the attention on tax rates and spending cuts, three big issues are getting little attention in fiscal cliff talks. NPR's Tamara Keith explains how expiring provisions on the payroll tax cut, the alternative minimum tax and unemployment benefits could have major effects on the economy.
Originally published on Mon December 10, 2012 10:42 am
Not long ago, it seemed to many observers that the House of Representatives was a case of the tail wagging the dog, with Speaker John Boehner unable to keep in line many of his fellow Republicans, especially freshmen who came to Congress riding the 2010 Tea Party wave.
Now, however, the big dog seems back in control.
Some of the signs are subtle, some not. But as he faces off with President Obama during fiscal cliff negotiations, Boehner enjoys a stronger position with House Republicans than he had during earlier showdowns with the White House.