fiscal cliff News

Crop Insurance Juicy Target in ‘Fiscal Cliff’ Deal

Rural lawmakers worry that $9 billion in annual federal crop insurance subsidies are an easy target for spending cuts in a “fiscal cliff” deal so they’re shopping around for a late compromise on a farm bill to protect them. The …

Resolve Fiscal Cliff Now, Deal with Deficit Later: Financial Services CEOs

The nation’s financial services executives are urging President Obama and Congress to resolve the “fiscal cliff” challenge of automatic tax hikes and budget cuts right away, then deal with the federal deficit in early 2013. In a letter to the …

IMF Urges Permanent Fix to U.S. ‘Fiscal Cliff’

The International Monetary Fund on Thursday urged the United States to quickly reach an agreement on a permanent fix to avoid automatic tax hikes and spending cuts early next year, saying a stop-gap solution could be harmful to the global …

U.S. ‘Fiscal Cliff,’ Europe’s Debt Woes Worry G20

Leading world economies pressed the United States on Sunday to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called fiscal cliff is the biggest short-term threat to global growth. Unless a fractious Congress …

Insurance Agents and the 2012 Election: Interview with Big I CEO Rusbuldt

When it comes to the 2012 presidential election, insurance agents have, as industry insiders like to say, “skin in the game.” In addition to being concerned with how the overall economy will perform under either a re-elected President Barack Obama …

CEO Group Warns Washington to Avoid Impending ‘Fiscal Cliff’ Politics

The Business Roundtable, which represents U.S. CEOs in Washington, on Tuesday called on Congress and the President to enact a stopgap measure to avoid the “crisis” of a “fiscal cliff” of major tax hikes and spending cuts, saying the uncertainty …