Democrats, Republican defense hawks and businesses seeking tax breaks are the big winners as lawmakers finalize the spending and tax deal.» Read More
Speaker of the House John Boehner met with President Obama this weekend to speak about the fiscal cliff. "We are still waiting for the White House to identify what spending cuts the President is willing to make as part of the balanced approach that he promised the American people."
Speaker Boehner says he is still waiting for specifics on spending cuts from the White House. Discussing the current state of the fiscal cliff negotiations, with Rep. Patrick McHenry (R-NC); and CNBC's Maria Bartiromo, Brian Sullivan and the FMHR traders. CNBC's Mary Thompson also reports Apple is up about 3 percent today.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss how the markets traded after Speaker Boehner spoke on the fiscal cliff. "The best strategy for the Republicans, I think, is to turn the deadline into January 1 to June 30," says Cashin.
"We've got to get growth in our economy," says Former Obama Chief of Staff Bill Daley, in discussing the fiscal cliff talks.
Digging into the fiscal cliff negotiations in Washington, and what the impact could be for the U.S. economy if a compromise is not reached by years end, with Republican Policy Committee chairman Senator John Barrasso of Wyoming.
A closer look at the U.S. economy, and optimism regarding the negotiations in Washington to avert the 'fiscal cliff,' with Senator Mark Warner (D-VA). "It's almost un-American that we're not going to be able to step up and get [a deal] done," he says.
Discussing the state of the fiscal cliff negotiations in Washington, with Rep. Scott Garrett (R-NJ) and Rep. Sander Levin (D-MI).
Where Washington stands on a fiscal cliff deal, with Senator Bob Corker (R-TN) and Senator Kent Conrad (D-ND). As long as we stay on revenues, and don't talk about entitlements, says Corker, we're never going to get to the right place.
"No one should sign a bad deal because of an imaginary deadline," explains Grover Norquist, American For Tax Reform president.
Should holiday vacations be allowed if a deal to avert the fiscal cliff hasn't yet been put in place? Senator Ron Johnson (R-WI), weighs in. "If you want to get this economy going, and I think you could get it going, reduce the federal government's influence on business people's lives and on American's lives, " he explains.
America is facing a debt crisis, and it is spending driven, says Rep. Jeb Hensarling (R.-Texas), in sharing his opinions of President Obama's handling of the fiscal cliff negotiations.
"Raising taxes is always bad for the economy," Americans For Tax Reform President Grover Norquist told CNBC.
A leading House Republican told CNBC Tuesday that the GOP remains opposed to raising tax rates but may be powerless to prevent it.
Measuring Washington's progress on the "fiscal cliff," with Tony Fratto, Hamilton Place Strategies, and Jared Bernstein, Center for Budget and Policy Priorities.
John Tamny of RealClear Markets calls the Fed's quantitative easing program "the monetary policy of the adolescent."
House Majority Whip Kevin McCarthy is warning that Republicans should be negotiating with President Obama over the fiscal cliff, not each other.
President Obama and Speaker Boehner met this weekend to discuss the fiscal cliff. CNBC's John Harwood looks at the progress of the discussions, with Gregory Mankiw, former Romney 2012 presidential campaign adviser, and Robert Johnson, former U.S. Senate Banking Committee chief economist.
How high can the market go when it's facing the prospect of a 'Fiscal Cliff?' Wells Capital Management's Jim Paulsen answers, and discusses his company's strategy.
Discussing the major roadblocks in the fiscal cliff negotiations, with Senator John Thune (R-SD). "Ideally, we would like to see a deal right now that includes a restructuring of entitlement programs," he says.
President Barack Obama and his Republican opponents in Congress enter a crucial week in the "fiscal cliff" impasse with more than just differences over taxes to bridge.