The White House started at $1.6 trillion with its demand for added tax revenue. House Speaker John Boehner opened with $800 billion in tax revenue. They differ sharply over how to raise it, the White House with tax increases, the...
Read more »Fiscal Talks Inch Toward Middle
Photograph by Ramin Talaie/Bloomberg
Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Motors Inc.
SpaceX President Sees No Immediate Budget Resolution
The president of Space Exploration Technologies Corp., known as SpaceX and headed by billionaire Elon Musk, said next year will be “huge” for the company despite the threat of the so-called fiscal cliff. Gwynne Shotwell said she doesn’t see a...
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Photograph by Stone
Fiscal Landslide: Nose-Pinching Time
The way around the fiscal cliff involves some nose-pinching. So says Haley Barbour, a former Republican National Committee chairman and governor from Mississippi who considered running for president this year. “I, as a Republican, I would take raising the rates...
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Photograph by Aaron M. Sprecher/Bloomberg
A U.S. military transportation vehicle at the Port of Beaumont upon return from deployment overseas.
Defense Cuts, More Around the Cliff — Add That, `Budgeteers’
Don’t forget about the other sequester. While all eyes are on the so-called fiscal cliff, a second round of automatic spending cuts, one that will carve $11 billion out of the Pentagon’s budget, is set to kick in shortly after...
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Photograph by Kevork Djansezian/Getty Images
An inmate at a prison in Chino, California.
America’s Great State Pay Give-Away
Think you’re in the wrong line of work? Try becoming a state worker in California, where it’s possible to collect more than $200,000 in overtime pay in a single year or retire with a “boat check” as large as $609,000...
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Photograph by J. Scott Applewhite/AP Photo
House Speaker John Boehner of Ohio leaves his office and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff, on Dec. 11, 2012, on Capitol Hill in Washington.
Boehner: Get `Serious’ on Spending — White House: `Very Specific’
House Speaker John Boehner says he’s still waiting for the White House to get “serious” about spending cuts. “Where are the president’s spending cuts?” Boehner, an Ohio Republican, asked on the House floor toda, adding that he is still “hopeful” the...
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Photograph by Jeff Kowalsky/Bloomberg
Demonstrators crowd in to the rotunda inside the Capitol building in Lansing, Michigan, on Dec. 11, 2012.
Union Member: `Civil War’ in Michigan’s Right to Work Debate
As an estimated 10,000 people surrounded the Michigan Statehouse today, an Americans for Prosperity white tent was ripped down and tables overturned, with supporters of labor awaiting action on right-to-work laws inside. The Capitol in Lansing was ringed with protestors,...
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Photograph by Nancy Palmieri/AP Photo
Rocky, a mechanical "robo-squirrel," at Hampshire College in Amherst, Mass., on the campus.
McConnell: Deficit Robo-Squirrely
Another day, another “squirrely” Senate floor speech. With time running out to avoid the so-called fiscal cliff, the Senate is hard at work discussing Robo-squirrel. Rhetoric on both sides of the aisle is heating up in the Senate, where Majority...
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Vice President Joe Biden during the coin toss before a game between the Army Black Knights and the Navy Midshipmen on Dec. 8, 2012 at Lincoln Financial Field in Philadelphia, Pennsylvania.
Biden Eats Lunch: Public and Private
Joe Biden is back. It’s not only President Barack Obama who has won re-election. The irrepressible vice president has a new lease on the Naval Observatory. “There is in, quote, the neighborhood we come from, $2,000 to $4,000 less in...
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Photograph by Joe Raedle/Getty Images
Virgilio Marquina and other protesters rally together outside the office of U.S. Sen. Marco Rubio on Dec. 10, 2012 in Doral, Florida.
Washington Daybook: Fiscal Focus
Lawmakers return today to focus on the U.S. government’s fiscal policy dispute, as President Barack Obama and House Speaker John Boehner attempt to prevent looming spending cuts and tax increases. Lines are being drawn. Democratic congressmen Sen. Tom Harkin, Sen....
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
