Economy, John Boehner | featured news

Top U.S. lawmakers voiced rising fear on Sunday that the country would go over "the fiscal cliff" in nine days, triggering harsh spending cuts and tax hikes, and some Republicans charged that was President Barack Obama's goal.

A traditionally quiet week could become hellish for traders as politicians in Washington are likely to fall short of an agreement to deal with $600 billion in tax hikes and spending cuts due to kick in early next year.

Flush with re-election vigor, President Barack Obama on Friday will provide his first public comments on the upcoming negotiations with Congress on how to deal with pending tax hikes and spending cuts that create the so-called fiscal cliff facing the economy at the end of the year.

President Obama used his weekly address to highlight executive actions he is taking to propel the economy in the face of opposition from "do-nothing" congressional Republicans.

President Barack Obama is visiting a school undergoing a multimillion-dollar renovation to sell his proposal for creating more jobs. And it's no coincidence that the school is in Ohio, the home state of House Speaker John Boehner, a critic of the president's proposal to tax the rich to pay for his plan....

House Speaker John A. Boehner says Congress would be happy to hear President Obama's ideas for job creation, just not on the day he asked for.

House Minority Leader John Boehner of Ohio used a speech in Cleveland to blame Obama's spending, tax and regulatory policies for creating uncertainty and stalling economic growth. He also criticized extended jobless benefits and money for states to save the jobs of teachers, police officers and firefighters.

Republicans plan to test President Barack Obama’s commitment to bipartisanship as his $825 billion stimulus package heads to the floor of the House of Representatives this week, with the House Republican leader saying Sunday morning that many in his party will vote no unless there are significant changes to the plan.