Politics

8:02am

Tue December 4, 2012
The Two-Way

Report: Benghazi 'Talking Points' Watered Down By CIA, Not White House

U.N. Ambassador Susan Rice.
Allison Joyce Reuters /Landov

"A highly cautious, bureaucratic process that had the effect of watering down the U.S.'s own intelligence" led to the controversial "talking points" that U.N. Ambassador Susan Rice used when she spoke about the Sept. 11 attack on the U.S. mission in Benghazi, Libya, The Wall Street Journal reports this morning.

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6:39am

Tue December 4, 2012
Economy

White House Rejects GOP's Counter Offer

Originally published on Tue December 4, 2012 6:55 am

Transcript

RENEE MONTAGNE, HOST:

Let's talk about that new offer now. The proposal from House Republicans includes a combination of revenue raising and spending cuts. What it doesn't include is any rise in tax rates.

To help us dig into this offer and what it means for the state of negotiations, we're joined by NPR congressional reporter Tamara Keith.

Good morning.

TAMARA KEITH, BYLINE: Good morning, Renee.

MONTAGNE: House Republicans are billing this as a bold counter-offer. Why are they calling it bold?

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5:16pm

Mon December 3, 2012
It's All Politics

Closing Tax Loopholes Easier In Theory Than In Political Practice

Originally published on Mon December 3, 2012 6:08 pm

As leaders in Washington try to make a deal to avoid the automatic tax hikes and spending cuts slated to go into effect in the new year, one major focus of the negotiations is whether to let taxes go up on the rich.

The Obama administration wants to allow the Bush-era tax cuts to expire for top earners. House Speaker John Boehner and congressional Republicans have countered with a proposal that they say would raise revenue through ending loopholes and deductions in the tax code and would not increase tax rates.

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4:27pm

Mon December 3, 2012
Politics

Republicans Counter With $2.2 Trillion Deficit Plan

Originally published on Mon December 3, 2012 6:08 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

I'm Melissa Block.

And today there is a counter offer. Republicans have put forward the broad strokes of their proposal to avert the automatic tax hikes and spending cuts scheduled at the end of the year. It should sound familiar to those who followed the presidential campaign. House Speaker Jon Boehner offered a plan that borrows heavily from ideas put forth by Mitt Romney and Paul Ryan.

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2:12pm

Mon December 3, 2012
Opinion

Op-Ed: Go Over The 'Fiscal Cliff'

Originally published on Thu December 13, 2012 2:34 pm

Transcript

NEAL CONAN, HOST:

And now, The Opinion Page; in fact a first, an Opinion Page series on the latest round of arguments on taxes and spending that have come to national attention under the ominous term the fiscal cliff. At the moment, the White House and congressional Republicans are at an impasse, and if that sounds familiar, that's because they arrived at a similar stalemate last year. When a subsequent supercommittee failed to reach agreement, the clock started ticking.

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1:11pm

Mon December 3, 2012
Political Junkie

It's ScuttleButton Time!

Ken Rudin collection

We're close to reaching the breaking point. The White House knows it. Democrats and Republicans in Congress know it. Wall Street knows it, economists know it. We've been pushing this off for quite some time, and now it's time to take action.

Of course, I'm talking about solving this week's ScuttleButton puzzle.

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6:33am

Mon December 3, 2012
Political Junkie

Gov. Christie Re-Election Bid In N.J. Heads Up 2013 Election Calendar

Originally published on Tue December 4, 2012 10:01 am

President Obama is greeted by New Jersey Gov. Chris Christie in Atlantic City, N.J., on Oct. 31 before visiting areas hardest hit by Superstorm Sandy.
Jewel Samad AFP/Getty Images

We may be still catching our collective breath over the 2012 elections, but fear not, political junkies: The 2013 elections are already getting under way. Here is what's at stake:

Governor: New Jersey, where Gov. Chris Christie (R) has announced he will seek re-election, and Virginia, where Gov. Bob McDonnell (R) must step down after one term.

Mayor: The big attractions are New York City, Los Angeles, Boston, Detroit and Seattle.

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4:57am

Mon December 3, 2012
Around the Nation

Dallas Residents Weigh In On Fiscal Cliff Talks

Originally published on Mon December 3, 2012 1:30 pm

The battle over the looming spending cuts and tax increases known as the "fiscal cliff" begins this week where it ended last week — deadlocked. While there is no agreement on how lawmakers should work out the details of a compromise, there is widespread consensus that a deal must get done for the good of the country.

3:26am

Mon December 3, 2012
It's All Politics

Pick A Number: Let's Play 'Cap Those Deductions'

Originally published on Mon December 3, 2012 8:35 am

In the presidential debate on Oct. 16, Mitt Romney presented a hypothetical way to cap deductions and raise revenue.
Spencer Platt Getty Images

Treasury Secretary Timothy Geithner says it's up to congressional Republicans to take the next step in budget talks to avoid the pending automatic spending cuts and tax increases at the end of the year.

Appearing on the Sunday talk shows, Geithner said there's "no path to an agreement" until Republicans are willing to accept higher tax rates on the rich.

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5:06pm

Sun December 2, 2012
Economy

The Tax Battle Decoded: What $250,000 Gets You

As Congress and the White House battle over a tax and spending plan before the end of the year, one number is at the forefront: $250,000. That's the income level above which the White House wants taxes to rise. Host Guy Raz speaks with Reuters personal finance columnist Linda Stern about where that amount of money goes a long way, and where it doesn't. Plus NPR's Mara Liasson weighs in on the state of budget talks in Washington.

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