Fiscal Cliff http://kcur.org en Three New 'Cliffs' Threaten The Economy http://kcur.org/post/three-new-cliffs-threaten-economy Maybe you were hoping you'd never hear the phrase "fiscal cliff" again after Congress passed legislation Jan. 1 to address that tax-break-expiration deadline.<p>Sorry.<p>Three more cliff-type deadlines are fast approaching. They involve: 1) raising the federal debt ceiling 2) modifying automatic, across-the-board spending cuts and 3) funding the government to avert a shutdown.<p>The deadlines all hit between Valentine's Day and Easter, which means new rounds of chaotic congressional negotiations may start up just after the Jan. Thu, 10 Jan 2013 17:47:00 +0000 Marilyn Geewax 30221 at http://kcur.org Three New 'Cliffs' Threaten The Economy After The 'Fiscal Cliff,' Businesses Say Some Uncertainty Remains http://kcur.org/post/after-fiscal-cliff-businesses-say-some-uncertainty-remains Businesses complained that the uncertainty surrounding the "fiscal cliff" froze their decisions about hiring and expanding, which hurt the economy. Washington has now managed half a deal, which settles tax issues, at least for the time being. But has that removed enough uncertainty to boost some business hiring and investment?<p>Vickers Engineering in New Troy, Mich., makes parts for auto companies, agriculture equipment manufacturers and the oil and gas industry. Tue, 08 Jan 2013 23:43:00 +0000 John Ydstie 30123 at http://kcur.org After The 'Fiscal Cliff,' Businesses Say Some Uncertainty Remains Top Stories Of The Week http://kcur.org/post/top-stories-week-322 <p style="margin-right: 0.02in; margin-bottom: 0in; line-height: 100%"><font size="3">Liberty Memorial got a new designation for the nation’s World War I centennial. And a new era began for the Kansas City Chiefs. Those and other top stories of the week on the Saturday News Review.</font></p><p style="margin-right: 0.02in; margin-bottom: 0in; line-height: 100%"> Sat, 05 Jan 2013 02:18:21 +0000 Steve Bell 29970 at http://kcur.org Top Stories Of The Week Bargain Over Fiscal Cliff Brings Changes To Health Care http://kcur.org/post/bargain-over-fiscal-cliff-brings-changes-health-care The bill that prevented the nation from plunging over the fiscal cliff did more than just stop income tax increases and delay across-the-board spending cuts. It also included several provisions that tweaked Medicare and brought bigger changes to other health care programs.<p>The health care change that got the most attention saved doctors who treat Medicare patients from a <a href="http://www.ama-assn.org/amednews/2012/12/31/gvsd0102.htm">cut in their pay</a>. Fri, 04 Jan 2013 08:30:00 +0000 Julie Rovner 29918 at http://kcur.org Bargain Over Fiscal Cliff Brings Changes To Health Care Was Boehner's Fiscal Cliff End Run Past GOP The New Normal? http://kcur.org/post/was-boehners-fiscal-cliff-end-run-past-gop-new-normal By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?<p>Until the New Year's Day vote, Boehner had generally operated the House under what was known as the Hastert Rule. Thu, 03 Jan 2013 11:45:00 +0000 Frank James 29875 at http://kcur.org Was Boehner's Fiscal Cliff End Run Past GOP The New Normal? Financial Markets Cheer 'Fiscal Cliff' News http://kcur.org/post/financial-markets-cheer-fiscal-cliff-news Though <a href="http://www.npr.org/blogs/thetwo-way/2013/01/02/168445604/its-not-over-big-battles-ahead-even-after-fiscal-cliff-deal" target="_blank">more big battles lie ahead</a> in Washington, Wall Street is following the lead of financial markets around the world in giving a thumbs-up <a href="http://www.npr.org/blogs/thetwo-way/2013/01/01/168400575/ball-in-boehners-court-after-senate-approves-fiscal-cliff-deal" target="_blank">to the deal</a> that kept the federal government from going completely over the so-called fiscal cliff.<p>As <a href="http://stream.wsj.com/story/markets/SS-2-5/" t Wed, 02 Jan 2013 16:18:00 +0000 Mark Memmott 29833 at http://kcur.org Financial Markets Cheer 'Fiscal Cliff' News It's Not Over: Big Battles Ahead Even After 'Fiscal Cliff' Deal http://kcur.org/post/its-not-over-big-battles-ahead-even-after-fiscal-cliff-deal We're sorry to start the first work day of 2013 on a negative note, but here goes:<p>Though <a href="http://www.npr.org/blogs/thetwo-way/2013/01/01/168400575/ball-in-boehners-court-after-senate-approves-fiscal-cliff-deal" target="_blank">the House voted 257-167 late Tuesda</a>y to OK legislation that kept the federal government from going over the so-called fiscal cliff — and stopped income taxes from rising for about 99 percent of Americans — lawmakers didn't reach agreement on other very divisive issues.<p>Which means, <a href="http://www.npr.org/2013/01/02/168444033/whats-left-out-of-fiscal Wed, 02 Jan 2013 12:30:00 +0000 Mark Memmott 29818 at http://kcur.org It's Not Over: Big Battles Ahead Even After 'Fiscal Cliff' Deal Service Economy Could Bear Brunt Of 'Fiscal Cliff' Impact http://kcur.org/post/service-economy-could-bear-brunt-fiscal-cliff-impact <p>The Kansas City region has been recovering from the recession at a slightly faster clip than many other places across the country.</p><p> Mon, 31 Dec 2012 20:42:53 +0000 Laura Ziegler 29758 at http://kcur.org Service Economy Could Bear Brunt Of 'Fiscal Cliff' Impact McCaskill Hopes For Compromise On 'Fiscal Cliff' http://kcur.org/post/mccaskill-hopes-compromise-fiscal-cliff <p>Missouri Senator Claire McCaskill, a Democrat, says that falling over the so-called fiscal cliff, the deep program cuts, and big tax increases set to hit January 1st wouldn’t be as dramatic as some people imagine. Mon, 31 Dec 2012 20:17:51 +0000 Frank Morris 29757 at http://kcur.org McCaskill Hopes For Compromise On 'Fiscal Cliff' Deal To Avert 'Fiscal Cliff' Appears Likely http://kcur.org/post/obama-comments-fiscal-cliff-talks <strong>Update at 9:45 p.m. Deal Reached</strong><p>Vice President Joe Biden was meeting late Monday with Senate Democrats to brief them on a proposed deal to stop sharp tax increases and spending cuts. A source told NPR the deal with congressional Democratic and Republican leaders includes a mix of both.<p>Senate Majority leader Harry Reid and House Minority Leader Nancy Pelosi have signed off on the agreement, which calls for a two-month deferral of the automatic spending cuts known as the sequester. Mon, 31 Dec 2012 18:10:00 +0000 Mark Memmott 29748 at http://kcur.org Deal To Avert 'Fiscal Cliff' Appears Likely Year Ends As It Began, With Lawmakers Headed Toward The 'Fiscal Cliff' http://kcur.org/post/year-ends-it-began-lawmakers-headed-toward-fiscal-cliff <em>(Scroll down for updates.)</em><p>Well, here we are. Mon, 31 Dec 2012 12:19:00 +0000 Mark Memmott 29731 at http://kcur.org Year Ends As It Began, With Lawmakers Headed Toward The 'Fiscal Cliff' McConnell Appeals To Biden To Break Through Fiscal Cliff Logjam http://kcur.org/post/mcconnell-appeals-biden-break-through-fiscal-cliff-logjam Senate negotiators failed to reach a deal Sunday on averting the "fiscal cliff," with the chamber adjourning for the night and only one day remaining before a package of spending cuts and tax increases automatically kicks in.<p>Majority Leader Harry Reid said the Senate will go back in session at 11 a.m. ET Monday. Sun, 30 Dec 2012 20:10:00 +0000 editor 29712 at http://kcur.org McConnell Appeals To Biden To Break Through Fiscal Cliff Logjam Obama 'Modestly Optimistic' On Cliff Deal; 'He Won,' Says Graham http://kcur.org/post/obama-modestly-optimistic-cliff-deal-he-won-says-graham President Obama went on the air to levy pressure on Congress Sunday as Senate leaders worked to negotiate a deal to avert the tax hikes and spending cuts known as the "fiscal cliff."<p>"I was modestly optimistic yesterday, but we don't yet see an agreement," Obama said in an interview with NBC's <em>Meet the Press</em> taped on Saturday. Sun, 30 Dec 2012 15:58:00 +0000 Melisa Goh 29710 at http://kcur.org Obama 'Modestly Optimistic' On Cliff Deal; 'He Won,' Says Graham Little Hope, Low Expectations, Lots Of Gloom: 'Fiscal Cliff' Talk Is Dreary http://kcur.org/post/little-hope-low-expectations-lots-gloom-fiscal-cliff-talk-dreary Yes, President Obama and congressional leaders <a href="http://www.npr.org/blogs/thetwo-way/2012/12/27/168166271/white-house-to-host-congressional-leaders-friday-for-fiscal-deadline-talks" target="_blank">are scheduled to meet at 3 p.m. Fri, 28 Dec 2012 14:34:00 +0000 Mark Memmott 29640 at http://kcur.org Little Hope, Low Expectations, Lots Of Gloom: 'Fiscal Cliff' Talk Is Dreary Brownback Hopeful For Wind Energy Tax Credit Extension http://kcur.org/post/brownback-hopeful-wind-energy-tax-credit-extension <p>A <a href="http://kcur.org/post/brownback-pushes-wind-energy-tax-credit">wind energy tax credit</a> is set to expire at the end of this year, but Kansas Governor Sam Brownback is still holding out hope that lawmakers in Washington will extend the credit.</p><p> Thu, 27 Dec 2012 10:38:00 +0000 Stephen Koranda 29566 at http://kcur.org Brownback Hopeful For Wind Energy Tax Credit Extension 'Fiscal Cliff' Deadline Looms, But Sense Of Urgency Seems To Be Lacking http://kcur.org/post/fiscal-cliff-deadline-looms-sense-urgency-seems-be-lacking President Obama is "cutting short" a vacation that he'd already said he would cut short. "See you next week," <a href="http://www.npr.org/templates/story/story.php?storyId=167840830" target="_blank">he told reporters <em>last week</em> before leaving for Hawaii</a>. The president is now due back at the White House on Thursday, which is pretty much what was expected. His family will stay in Hawaii until after the New Year.<p>Senators are also coming back to Washington, but many aren't likely to get to the Capitol until Thursday evening.<p>And the House? Wed, 26 Dec 2012 19:11:00 +0000 Mark Memmott 29547 at http://kcur.org 'Fiscal Cliff' Deadline Looms, But Sense Of Urgency Seems To Be Lacking Rep. Cleaver On 'Plan B' And The Fiscal Cliff http://kcur.org/post/rep-cleaver-plan-b-and-fiscal-cliff <p>The U.S. House of Representatives is likely to vote Thursday on a proposal advanced by <a href="http://www.speaker.gov/">Speaker John Boehner</a> to avoid the "fiscal cliff."</p><p> Wed, 19 Dec 2012 22:55:53 +0000 Frank Morris 29290 at http://kcur.org Rep. Cleaver On 'Plan B' And The Fiscal Cliff Council: 'Cliff A Threat To KC Economy, Services' http://kcur.org/post/council-cliff-threat-kc-economy-services <p>As the President and Republican Congressional leaders continue to butt heads in Washington, the “fiscal cliff” and its 10 percent across-the-board spending cuts loom.</p><p> Wed, 19 Dec 2012 01:18:49 +0000 Steve Bell 29239 at http://kcur.org Council: 'Cliff A Threat To KC Economy, Services' States Dreading Fiscal Cliff Outcome — But Indecision May Be Worse http://kcur.org/post/states-dreading-fiscal-cliff-outcome-indecision-may-be-worse It's not the cutting, it's the uncertainty.<p>That's the lament these days from governors and mayors awaiting the outcome of federal budget negotiations.<p>They know they're likely to take a hit; they just don't know how bad it's going to be.<p>"How do you budget for the unknown?" wonders Ed Long, the county executive in Fairfax County, Va. Tue, 18 Dec 2012 17:27:00 +0000 editor 29200 at http://kcur.org States Dreading Fiscal Cliff Outcome — But Indecision May Be Worse Blunt Says No To Gun Control, Blames Fed Health Programs http://kcur.org/post/blunt-says-no-gun-control-blames-fed-health-programs <p>U.S. Senator Roy Blunt says badly administered mental health programs should be fixed as a remedy, rather than blame guns, for violence like the Connecticut school killings. Mon, 17 Dec 2012 22:35:40 +0000 Dan Verbeck 29158 at http://kcur.org Blunt Says No To Gun Control, Blames Fed Health Programs Open-Government Watchdogs OK With Closed-Door Fiscal Cliff Talks http://kcur.org/post/open-government-watchdogs-ok-closed-door-fiscal-cliff-talks If President Obama and House Speaker John Boehner's closed-door meetings aimed at solving the fiscal cliff crisis trouble anyone, you'd expect it to be the open-government watchdogs who routinely bark their outrage at public officials who work overtime to avoid public scrutiny.<strong> </strong><p>But Obama and Boehner's secret meetings (they held another at the White House on Monday) and one-on-one phone calls have been the case of the watchdogs that haven't barked. Mon, 17 Dec 2012 17:49:00 +0000 Frank James 29143 at http://kcur.org Open-Government Watchdogs OK With Closed-Door Fiscal Cliff Talks KU Lobbies To Save Research Grants http://kcur.org/post/ku-lobbies-save-research-grants <p>Amid negotiations in Washington to year end avoid budget cuts and tax hikes, universities are lobbying against grant reductions.</p><p> Mon, 17 Dec 2012 15:32:55 +0000 Dan Verbeck 29133 at http://kcur.org KU Lobbies To Save Research Grants Obama And Boehner Meet At White House; Session Ends Without Deal http://kcur.org/post/obama-and-boehner-meet-white-house-session-ends-without-deal President Obama hosted House Speaker John Boehner today, spending nearly an hour together in which they reportedly discussed ways to avert the looming "fiscal cliff" of spending cuts and tax hikes that are due to strike at the end of 2012. Boehner left the White House at 6 p.m., ET, apparently without reaching a deal. As Politico reports, the Republican plans to return to his home state of Ohio this weekend.<p>The speaker's meeting with the president began around 5:10, just more than an hour after the White House announced that U.N. Thu, 13 Dec 2012 23:24:00 +0000 Bill Chappell 28995 at http://kcur.org Obama And Boehner Meet At White House; Session Ends Without Deal On 'Fiscal Cliff,' Majority Of Public Sides With Democrats, Pew Poll Says http://kcur.org/post/fiscal-cliff-majority-public-sides-democrats-pew-poll-says As the end-of-year tax increases and spending cuts known as the "<a href="http://www.npr.org/templates/archives/archive.php?thingId=164475099" target="_blank">fiscal cliff</a>" near, "Democrats are in a strong position with the public," the Pew Research Center reports.<p><a href="http://www.people-press.org/2012/12/13/as-fiscal-cliff-nears-democrats-have-public-opinion-on-their-side/" target="_blank">A new national poll Pew released this morning</a> shows that:<p>-- "When it comes to the reaching an agreement to avoid the fiscal cliff, 55% say Obama is making a serious effort to work with Repu Thu, 13 Dec 2012 16:27:00 +0000 Mark Memmott 28955 at http://kcur.org On 'Fiscal Cliff,' Majority Of Public Sides With Democrats, Pew Poll Says Most Of Congress In The Dark On 'Fiscal Cliff' Talks http://kcur.org/post/obama-boehner-star-fiscal-cliff-negotiations Of the 535 members of Congress, not many appear to be in the loop about the "fiscal cliff" negotiations. That makes the rest nervous about having to vote on a bill on short notice despite misgivings about what's in it. Thu, 13 Dec 2012 09:53:00 +0000 editor 28943 at http://kcur.org Farm Bill Becomes Fodder In 'Fiscal Cliff' Wrangling http://kcur.org/post/farm-bill-becomes-fodder-fiscal-cliff-wrangling 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.<p>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.<p>But not everyone thinks that's a good idea.<p>Among those pushing for action on the farm bill is the Connecticut-based nonprofit Wholesome Wave. Wed, 12 Dec 2012 08:32:00 +0000 Brian Naylor 28878 at http://kcur.org Farm Bill Becomes Fodder In 'Fiscal Cliff' Wrangling Boehner Sends 'Fiscal Cliff' Counteroffer To White House http://kcur.org/post/boehner-sends-fiscal-cliff-counteroffer-white-house 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."<p>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.<p>"The longer the White House slow-walks this process, the closer our economy gets to the Tue, 11 Dec 2012 23:09:00 +0000 editor 28869 at http://kcur.org Boehner Sends 'Fiscal Cliff' Counteroffer To White House Missouri Could Lose $1 Billion Over Fiscal Cliff http://kcur.org/post/missouri-could-lose-1-billion-over-fiscal-cliff <p></p><p>The Washington-based group <a href="http://www.ffis.org/">Federal Funds Information for States</a> reports defense spending cuts could total more than $1 Billion in Missouri if automatic budget cuts are not averted. &nbsp;Other programs in the state would be hit, too.</p><p> Tue, 11 Dec 2012 17:27:52 +0000 Maria Carter 28845 at http://kcur.org Missouri Could Lose $1 Billion Over Fiscal Cliff Today's Three Stories To Read About The 'Fiscal Cliff' http://kcur.org/post/todays-three-stories-read-about-fiscal-cliff-0 As we've said now several times, "the White House and congressional leaders continue to talk about taxes, spending cuts and how to <a href="http://www.npr.org/templates/archives/archive.php?thingId=164475099" target="_blank">avoid the so-called fiscal cliff</a> 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."<p>As NPR and others cover the story, we're pointing to interesting reports and analyses. Tue, 11 Dec 2012 14:09:00 +0000 Mark Memmott 28828 at http://kcur.org Today's Three Stories To Read About The 'Fiscal Cliff' Kansas Faces Fiscal Cliff http://kcur.org/post/kansas-faces-fiscal-cliff <p>Budget negotiations between President Obama and Congressional leaders continue, but if those talks fail, Kansas will see a series of funding cuts that will affect the future of higher education, research, and military bases in the state.</p><p> Tue, 11 Dec 2012 13:42:58 +0000 Maria Carter 28827 at http://kcur.org Kansas Faces Fiscal Cliff