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Tag Archives: supercommittee

House GOP unveils budget blueprint

WASHINGTON — Conservative House Republicans on Tuesday set up what appears to be a potential re-run of last year’s turbulent domestic policy fight with President Barack Obama, putting forward an election-year budget manifesto that would blend steep social program cuts ...

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Congressional panel set to fail to cut deficit $1.2 trillion

WASHINGTON — The imminent collapse of a special deficit-reduction supercommittee on Monday promises to set off yet another round of the Washington blame game as the panel officially admits failure in its quest to sop up at least $1.2 trillion ...

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Democrats, Republicans far apart on deficit deal

WASHINGTON — A Democrat on a special deficit-cutting “supercommittee” Wednesday questioned whether Republicans are still interested in negotiating after the panel’s top GOP member said Republicans have “gone as far as we feel we can go” on tax hikes. A ...

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Social Security to hand out first raises since ’09

WASHINGTON — Social Security recipients will get a raise in January — their first increase in benefits since 2009. It’s expected to be about 3.5 percent. Some 55 million beneficiaries will find out for sure Wednesday when a government inflation ...

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Deficit ‘supercommittee’ struggles as clock ticks

WASHINGTON — The supercommittee is struggling. After weeks of secret meetings, the 12-member deficit-cutting panel established under last summer’s budget and debt deal appears no closer to a breakthrough than when talks began last month. While the panel members themselves ...

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