White House
  • WASHINGTON (AP) — Republicans are proposing a "fiscal cliff" plan that revives ideas from failed budget talks with President Barack Obama last year, calling for raising the eligibility age for Medicare, lowering cost-of-living hikes for Social Security benefits and bringing in $800 billion in higher tax revenue.

    The counter to a White House plan last week relies more on politically sensitive spending cuts and would raise half the $1.6 trillion in revenue proposed by Obama over the coming decade.

    LAST UPDATE : Dec 14, 2012, 2:30 AM EST
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  • President Barack Obama greets the crowd after speaking at The Rodon Group manufacturing facility, Friday, Nov. 30, 2012, in Hatfield, Pa.

    Exerting pressure on the GOP, the president warned against the middle class getting a "lump of coal" for Christmas if taxes are allowed to rise.

    LAST UPDATE : Dec 13, 2012, 10:00 PM EST
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  • In this June 27, 2024 file photo, reviewed by a U.S. Department of Defense official, U.S. military guards walk within Camp Delta military-run prison, at the Guantanamo Bay U.S. Naval Base, Cuba.

    The bipartisan vote on a nonbinding amendment to a defense policy bill reflects domestic widespread weariness with the prolonged conflict.

    LAST UPDATE : Dec 13, 2012, 8:00 PM EST
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  • Senate Majority Leader Harry Reid of Nev., center, followed by Senate Majority Whip Richard Durbin of Ill., left, arrives for a news conference on Capitol Hill in Washington, Thursday, Nov. 29, 2012, following a meeting with Treasury Secretary Timothy Geithner on the fiscal cliff negotiations.

    Plan would impose $1.6 trillion in new taxes over the next decade, and provide an infusion of new money to aid the jobless and boost the economy. But Republicans are enraged at its scope.

    LAST UPDATE : Dec 13, 2012, 8:00 PM EST
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  • Sen. Charles Schumer, D-N.Y., right, accompanied by Senate Majority Leader Harry Reid of Nev., gestures during a news conference on Capitol Hill in Washington, Thursday, Nov. 29, 2012, after talks with Treasury Secretary Timothy Geithner on the fiscal cliff negotiations.

    After a brief post-election honeymoon, partisan bickering is back to its typically toxic levels in Washington, with the deadline for spending cuts and tax hikes looming.

    LAST UPDATE : Dec 13, 2012, 7:30 PM EST
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  • In this Nov. 14, 2012, file photo, Sen. Jerry Moran, R-Kan., incoming Chairman of the National Republican Senatorial Committee, speaks to reporters on Capitol Hill in Washington, as incoming Minority Whip, Sen. John Cornyn, R-Texas, and Minority Leader Sen. Mitch McConnell, R-Ky., listen.

    Some key conservatives seem to be embracing the White House plan to keep taxes low on 98 percent of the public, and potentially allowing them to rise on the wealthy.

    LAST UPDATE : Dec 13, 2012, 5:30 PM EST
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