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Fiscal Cliff

Defense firms in wait-and-see mode

WASHINGTON - Kratos Defense & Security Solutions Inc. in July bought a company that makes drones used for military target practice. Then the contractor put further acquisitions on hold.

January 02, 2013 12:00 amLoading…
Late talks produce a fiscal agreement

Late talks produce a fiscal agreement

WASHINGTON - Racing the clock, the White House reached a New Year's Eve accord with Senate Republicans late Monday to neutralize across-the-board tax increases and spending cuts in government programs due to take effect at midnight, according to administration and Senate Democratic officials.

January 01, 2013 12:00 amLoading…

House GOP puts off vote on 'Plan B'

WASHINGTON — Confronted with a revolt among the rank and file, House Republicans abruptly put off a vote Thursday night on legislation allowing tax rates to rise for households earning $1 million and up, complicating attempts to avoid a year-end “fiscal cliff” that threatens to send the econ…

December 20, 2012 7:00 pmLoading…

'Fiscal cliff' needn't be a disaster, experts say

WASHINGTON - It's the scenario that's been spooking employers and investors and slowing the U.S. economy:

December 16, 2012 12:00 amLoading…
Nicklaus: Time is right to curb the mortgage deduction

Nicklaus: Time is right to curb the mortgage deduction

Tax break is bad for the economy and it disproportionately benefits the wealthy

December 15, 2012 11:23 pm Related Loading…

St. Louis-area congressional members ponder stakes, compromise in 'fiscal cliff'

WASHINGTON • U.S. Rep. Jo Ann Emerson, of Cape Girardeau, Mo., remarked last week that some of her fellow Republicans compare their no-new-taxes pledge to “milk that has been in the refrigerator too long.”

December 01, 2012 11:00 pm Related Loading…

The 'fiscal cliff:' Crunching the numbers

No one can say for sure what will happen in the next few weeks of negotiations over the fiscal cliff. But the charts below help explain the current situation. And here are five potential scenarios for how the talks may play out, and what they will mean for your wallet, federal programs and t…

November 30, 2012 9:46 pmLoading…

Editorial: On taxes and investment, ask a guy worth $46 billion

Warren Buffett is at it again. In yet another traitor-to-his-class op-ed article in The New York Times, America’s second-richest man Monday threw cold water on the notion that higher tax rates would keep wealthy Americans from investing their money.

November 28, 2012 5:00 amLoading…

Of Mutual interest: Dividend investors could pay more in taxes

What if one of your key sources of income was taxed at three times the rate you pay now?

November 25, 2012 12:00 amLoading…

Editorial: Skip the cliffhanger, go straight to Simpson-Bowles

Would it really be so much to ask that President Barack Obama and congressional leaders drop the “Gunfight at the O.K. Corral” act? Couldn’t they just forget the posturing and get to work on a deficit reduction package that includes fixes to everything else looming at the edge of the “fiscal cliff”?

November 17, 2012 5:00 amLoading…
Holiday shopping off to early start amid economic uncertainty

Holiday shopping off to early start amid economic uncertainty

Holiday layaway programs have already seen a big response.

October 13, 2012 10:45 am Photos

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