Spending Cuts Remain Major Sticking Point In 'Fiscal Cliff' Negotiations
The fact is it won't be a merry Christmas if there is no deal on the so-called fiscal cliff, because without a compromise tax hikes and across-the-board spending cuts kick in.
Watch CBS News
The fact is it won't be a merry Christmas if there is no deal on the so-called fiscal cliff, because without a compromise tax hikes and across-the-board spending cuts kick in.
The curse of brain dead Republicans is not limited to Washington, DC. It turns out that GOP leaders in state capitols have also been unable to digest the results of November's elections.
Former House Republican Leader Dick Armey criticized GOP candidates for saying "stupid things," but here is one problem: The 2012 candidates were talking about Republican policy.
A scene of chaos erupted in Westchester County this week, as lawmakers passed a budget bill after all but two Democrats walked out of the meeting.
Furious Democrats who won a majority of seats in the New York State Senate have called a deal among Republicans and five Democrats to control the chamber a "coup."
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Obama is hoping to promote the discussion of the Bush tax cut extensions by getting people hooked on the topic and by getting them to use the #My2K hashtag on Twitter.
Liberals and their ilk obviously won the executive branch of the United States government for another four years with the reelection of President Barack Obama, but they still pick fights as much as they did before the election – if not more.
If Republicans, as a political party, continue this hostility toward science then they do not understand the driving force that science and innovation play in our economy. It also is another proof point in the case that Democrats made about Republican math not adding up.
New Jersey Governor Chris Christie is obviously in the wrong business. He is becoming more of a television celebrity by the minute and getting much better reviews as a television performer than as governor.
The day after the voters spoke in our democracy, Republicans sought to set aside the results and focus on winning next time. It is not just a losing proposition for Republicans, it is a losing proposition for America.
Even the most liberal of Democrats must agree that Obama's inability to get foes to work with him is severely impeding any progress this country.
Governor Chris Christie's handling of Hurricane Sandy has done little to water down interest in him as a candidate for president in 2016. It's not that he wasn't already on the short list, but Mitt Romney's loss appears to be Christie's gain.
Will it be four more years of partisanship or will both sides find a path to compromise? And will the Republican party see the outcome of campaign 2012 as a mandate to "re-image" itself?
In Albany, the fight for the New York State Senate was too close to call early Wednesday, hours after the polls closed.
While Mitt Romney talks about binders full of women, Democrats have ballots full of women.
Unfortunately, political poll after political poll reveals that the presidential election of 2012 has much to do – in fact, more to do – with the race of the presidential candidate than most anything else.
On Friday, President Barack Obama told his supporters at a campaign rally – inside a public high school, no less – to vote for revenge!
As the campaign draws to a close it has become very apparent that Obama will return to the White House and that Harry Reid will lead a Democratic Senate.
The 2012 presidential campaign between President Obama and Mitt Romney will be book-ended by hurricanes.
Both political parties – Republicans and Democrats – are known for getting carelessly carried away with name calling when stakes and tensions are high in the political arena. Regardless, there is no excuse for the type of name-calling that has surfaced over the past week.
Once again, a Republican politician has said something extreme about rape. Extreme and extremely stupid.
Hillary Clinton is a glowing example of the heights women are reaching in the United States in recent times. She contradicts the notion thrust forth by President Obama and his political party that there is an alleged-"War on Women".
While Trump may have an "October surprise" that will destroy President Obama's reelection campaign for the White House, I don't think it's going to be much more than seeing Trump get the headlines for part of the day, again.
Romney supporters, including his son Tagg, have moved away from dog whistle politics and are now engaging in outright disrespectful and racist campaigning.
Chicago police on Sunday continued to question a person of interest in the shooting that killed Loyola University student Sheridan Gorman in Rogers Park.
New York City Comptroller Mark Levine was the first to sound the alarm about New York City's massive budget gap.
Two of the most storied programs in men's college basketball, St. John's and Kansas, will battle it out later Sunday.
A fundraiser to save the Mermaid Parade is nearing it's goal. The annual art parade is a summertime staple in Coney Island. This year, however, it's in jeopardy.
A Monday strike deadline is fast approaching as New York University and unionized, non-tenured faculty work to reach an agreement.
New York City Comptroller Mark Levine was the first to sound the alarm about New York City's massive budget gap.
Two of the most storied programs in men's college basketball, St. John's and Kansas, will battle it out later Sunday.
A fundraiser to save the Mermaid Parade is nearing it's goal. The annual art parade is a summertime staple in Coney Island. This year, however, it's in jeopardy.
A Monday strike deadline is fast approaching as New York University and unionized, non-tenured faculty work to reach an agreement.
The Yorktown, New York, community continues to grieve the loss of 18-year-old Sheridan Gorman.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Two of the most storied programs in men's college basketball, St. John's and Kansas, will battle it out later Sunday.
A New Jersey teen attending yeshiva school in Israel is back home after a journey that took him through three countries, at times on foot.
Gov. Mikie Sherrill accused ICE of ignoring the concerns of Roxbury residents after it bought the vacant warehouse on Route 46.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Two of the most storied programs in men's college basketball, St. John's and Kansas, will battle it out later Sunday.
A Long Island teenager accused of killing his ex-girlfriend in November allegedly plotted to burglarize the victim's home.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
New York City Comptroller Mark Levine was the first to sound the alarm about New York City's massive budget gap.
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
The Supreme Court will consider whether states can count mail ballots that are postmarked by Election Day but arrive after.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
Two of the most storied programs in men's college basketball, St. John's and Kansas, will battle it out later Sunday.
The Montreal Canadiens beat the New York Islanders 7-3 on Saturday night.
Charlotte FC beat the New York Red Bulls 6-1 on Saturday night.
The New York Knicks outlasted the Brooklyn Nets 93-92 on Friday night for their fifth consecutive victory.
The Washington Capitals beat the New Jersey Devils 2-1 on Friday night.
A new performing arts venue with a focus on immigrant stories is opening in Upper Manhattan this fall. CBS News New York's Noëlle Lilley got an exclusive tour of the construction that will give The People's Theatre its first home in more than 15 years.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
The mayor has a proposed $127 billion spending plan. So what should the mayor spend the money on? CBS News New York's Marcia Kramer spoke with New Yorkers.
CBS News New York's Marcia Kramer spoke with Wylde, former president of the Partnership for New York City, on how discussions of raising taxes on the wealthy impacts the business environment in the Big Apple.
Levine says the large Wall Street bonus season has helped, but the underlying challenge remains.
New York City Comptroller Mark Levine and Kathryn Wylde, former president of the Partnership for New York City, discuss the city's financial prospects and business climate with CBS News New York's Marcia Kramer.
The annual art parade is a summetime staple in Coney Island, but this year it's in jeopardy.