fiscal cliff

Fiscal Cliff
4:50 pm
Wed January 2, 2013

Mo. GOP Divided Over Fiscal Cliff Deal

How did Missouri's representatives vote? Green denotes a vote in favor and blue is against. Representative Sam Graves did not vote.

Congress may have passed a deal to avert the self-inflicted “fiscal cliff” crisis Tuesday night, but you might want to hold off on celebrating. Another gridlock could be here in a couple of months.

Missouri lawmakers were divided on the deal. Missouri’s Democrats joined Republican Senator Roy Blunt and Representatives Blaine Luetkemeyer and Jo Ann Emerson in voting in favor of the bill.

Below you can see how Missouri's representatives voted. Both Senator Blunt and McCaskill voted in favor of the deal.

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St. Louis on the Air
2:15 pm
Mon December 31, 2012

Update On Fiscal Cliff Negotiations

Evan C. Parker Via Flickr

On this last day of 2012, Congress and the President have yet to reach a deal about how to avert going over the fiscal cliff.

Host Don Marsh talked with St. Louis Beacon Washington D.C. Correspondent Rob Koenig for a brief conversation about the latest news on the negotiations.

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Blunt on fiscal cliff
7:14 am
Sun December 30, 2012

Blunt: Democrats To Blame If Country Goes Over The Cliff

Roy Blunt says Democrats will be to blame if the country goes over the so-called
Credit UPI/Bill Greenblatt

Missouri Republican Senator Roy Blunt says if the country goes over the fiscal cliff, Democrats will be to blame.

Blunt and his Congressional colleagues will convene later today in a last-ditch attempt to avoid the automatic tax hikes and spending cuts that would take effect Tuesday.

In this week's GOP radio address, Blunt says the Republican-led House, has already taken passed legislation that would extend the Bush-era tax cuts and make what he called more responsible reductions in spending

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Politics
4:38 pm
Fri December 28, 2012

President Obama Makes Statement On Fiscal Cliff Talks

President Barack Obama.
(via White House photographer Pete Souza)

This event has concluded. Thank you for joining us for this earlier event. 

President Obama made a statement this evening following his discussion today with congressional leaders about the so-called "fiscal cliff."

Politics
1:48 pm
Fri December 28, 2012

Obama, Congressional Leaders To Discuss Deal To Avoid 'Fiscal Cliff'

"The hour for immediate action is here. It is now," President Barack Obama said of a potential budget deal, after meeting with congressional leaders Friday.
Mandel Ngan AFP/Getty Images

Originally published on Fri December 28, 2012 5:50 pm

Days before a budget crisis deadline will hit the U.S. economy, President Obama says, "I'm optimistic we may still be able to reach an agreement that can pass both houses in time."

The details of that agreement, which could avert automatic spending cuts and tax increases that are set to take effect on Jan. 1, would likely come from discussions between Senate Minority Leader Mitch McConnell (R-Ky.), and Majority Leader Harry Reid (D-Nev.).

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Farm Bill
1:27 pm
Fri December 28, 2012

Understanding The 'Milk Cliff'

Scott Olson Getty Images

Originally published on Fri December 28, 2012 2:35 pm

You've heard of the "fiscal cliff," but have you heard of the milk cliff"?

If Congress doesn't take action in the next four days, milk prices could shoot up dramatically.

Here's why:

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Fiscal Cliff
11:52 am
Fri December 28, 2012

Fiscal Cliff Fallout Could Push Illinois Into Recession, Topinka Says

Illinois Comptroller Judy Baar Topinka.
via Illinois Comptroller website

Illinois Comptroller Judy Baar Topinka estimates a $1 billion impact on the state budget if automatic federal spending cuts and tax increases take effect.


Topinka sent out a release Friday detailing the impact on the Illinois budget if Congress and President Barack Obama don't prevent the federal government from going over the fiscal cliff. Topinka says the fallout from the fiscal cliff could push Illinois into recession. Topinka estimates Social Security and income tax increases would lower Illinois tax revenues by up to $500 million.

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Fiscal Cliff
3:58 pm
Fri December 21, 2012

President Obama On Fiscal Cliff

President Barack Obama.
(Official White House Photo by Pete Souza)

This live event has concluded. Thanks for joining us.

After failing to get his party in line, Republican Speaker of the House John Boehner abandoned his plan for avoiding the fiscal cliff.

Instead, a decision will have to come from the Senate. President Barack Obama met with Democratic Senate Majority Leader Harry Reid Friday afternoon and is set to address the public shortly.

You can watch it live here:

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St. Louis on the Air
5:31 pm
Tue December 18, 2012

Ongoing Fiscal Cliff Negotiations Impact Year-End Tax Considerations

(via Flickr/Tax Credits)

It’s said that one of the certainties in life is taxes.  However, taxes for 2012 are to some degree, uncertain because of ongoing negotiations over the so-called fiscal cliff.

Host Don Marsh talked with tax expert Lance Weiss, C.P.A., of SFW Partners, LLC about end-of-year tax preparations and what can be done to minimize the amount owed on federal and state income tax returns due in April.

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St. Louis on the Air
3:32 pm
Wed December 12, 2012

Update on Mo. And Ill. Congressional Delegations, Fiscal Cliff

U.S. Capitol, Capitol Hill, Washington D.C.
Evan C. Parker Via Flickr

Going over the so-called fiscal cliff is the major talk in Washington D.C. though the Missouri and Illinois delegations are dealing with other issues as well.

Host Don Marsh talked with St. Louis Beacon Washington D.C. Correspondent Rob Koenig about the latest news from the nation’s capital, including the fiscal cliff.

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