White House blames contracting economy on GOP brinkmanship - Breaking News Allvoices

News Stories Related To: White House blames contracting economy on GOP brinkmanship

Washington : DC : USA | 1 year ago  
The White House on Wednesday said that Republicans' "political brinkmanship" is part of the reason the US economy has seen a shrink for the first time in four years....
    • Clear
    • Share:
    • Share
    • Clear
    • Clear
    • Clear
    • Clear
     
  • Read full report
   Reach     Credibility Credibility of 5
Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Related news stories

  • Reid insists on new revenue to turn off sequester

      The Hill | 1 year ago
    We believe we should fill those tax loopholes, get rid of them, I should say. And that's where we need to go, said Reid in an interview aired on ABC's This Week. The sequester cuts, delayed two months by fiscal cliff deal reached in January, are now...
  • Boehner steadies GOP team, reframes deficit debate

      Fox | 1 year ago
    Associated Press House John Boehner has shored up his political clout after a shaky month by persuading fellow Republicans to pick their fights with Democrats more strategically. His rebound helped the government avoid a potential default on...
  • Boehner steadies GOP team, reframes deficit debate

      Virginian-Pilot Online | 1 year ago
    House Speaker John Boehner has shored up his political clout after a shaky month, persuading his Republican caucus to pick its fights with Democrats more strategically...It also reassured establishment Republicans who feared the House majority was...
  • The deficit: Can Congress cut the deficit without the drama that ...

      United Press International | 1 year ago
    The partisan arguments that characterized discussions related to averting the fiscal cliff and vanished when it came to the debt ceiling are about to rear their heads again as Congress tackles the 2014 fiscal budget and tries to keep the government...
  • We can't afford another debt ceiling crisis

      Chicago Tribune | 1 year ago
    The fiscal cliff deal fell short of a grand bargain on the budget deficit. This left us to exhale for a brief moment and retool for the next game of chicken on Capitol Hill. Another debt ceiling crisis looms this winter, and it could prove far more...
  • GOP senators vow to block consumer office nominee

      Herald Net | 1 year ago
    Renewing a three-year-old fight over bank oversight, Senate Republicans said Friday they will oppose President Barack Obama's nominee to head the Consumer Financial Protection Bureau unless the office created after the 2008 Wall Street financial...
  • Next budget crisis: Sequester

      United Press International | 1 year ago
    Democrats and Republicans in Congress say there is little chance of avoiding $1.2 trillion in federal spending cuts set to take effect in March. Following last month's agreement on a temporary extension of the federal debt limit, Congress is now...
  • White House backs embattled Pentagon pick

      Daily Nation | 1 year ago
    The White House Friday defended its nominee for defense secretary, Chuck Hagel, after his perceived weak performance at a Senate confirmation hearing. It also denounced Republicans who pressed Hagel hard at Thursday's session. Hagel has been...
  • Obama hoping for close match in Super Bowl

      Associated Press | 1 year ago
    President Barack Obama is hoping for a close match in this year's Super Bowl. White House spokesman Jay Carney says the president will watch Sunday's matchup and expects it to be highly entertaining, even though his beloved Chicago Bears aren't...
  • White House expects Senate confirmation of Hagel

      Boston.com | 1 year ago
    The White House says it expects the Senate to confirm Chuck Hagel to be the next defense secretary despite his struggles at a contentious confirmation hearing. White House spokesman Jay Carney told reporters Friday that President Barack Obama thinks...
  • Friday's live events

      CNN Blog | 1 year ago
    President Obama will deliver his fourth State of the Union address before Congress on February 12.  Watch CNN.com Live for all of your political coverage...Columbia, Challenger and Apollo 1 during the agency's Day of Remembrance. White House briefing...
  • GOP pounces on shuttered WH jobs council

      United Press International | 1 year ago
    Republicans said President Barack Obama 's disbanded jobs council of big-name U.S. business chiefs was a failure that offered a lot of show but few results. The President's Council on Jobs and Competitiveness, whose two-year charter expired Thursday...
  • White House tems India 'an incredibly important country' for US

      Daily News & Analysis | 1 year ago
    Describing India as "an incredibly important country in the world", the White House has said US president Barack Obama will continue to enhance the depth of the country's relationship with New Delhi in his second term. Obama will consider it a...
  • It Looks Like We're Headed For Sequestration Doom, But No One Is Freaking ...

      BusinessInsider | 1 year ago
    AP Now that the Senate has voted to suspend the debt ceiling , the focus turns to the next fiscal battle: Sequestration,  automatic, across-the-board spending cuts that will affect most areas of government spending beginning on March. The cuts are...
  • White House jobs council is now out of a job

      Miami Herald | 1 year ago
    President Barack Obama's high-profile jobs council went out of business Thursday, despite reports that the economy shrank at the end of last year and the unemployment rate remains stuck at 7.8 percent, exactly the same as it was four years ago when...
  • Obama's jobs council peters out, plans 'expanded' business outreach

      Los Angeles Times | 1 year ago
    A day after learning that the economy had contracted in the last quarter of 2012, the White House confirmed Thursday that its jobs council was closing up shop, prompting a fresh round of criticism from Republicans over President Obama 's stewardship...
  • Debt-ceiling bill clears Senate; Obama expected to sign

      Los Angeles Times | 1 year ago
    Legislation to suspend the nation's debt ceiling for a few months is on its way to the White House for President Obama 's signature, clearing the Senate on Thursday after a series of failed votes on Republican-backed amendments to also cut federal...
  • New York Times Downplays Bad Economic News, Knocks 'Austerity Efforts'

      Newsbusters | 1 year ago
    The economy shrank in the fourth quarter of 2012, indicating that growth remains a problem. The woes made the New York Times front page on Thursday, " Growth Halted In 4th Quarter Despite the Fed ," though the story by Nelson Schwartz and Binyamin...
  • Ryan says deep budget cuts likely unavoidable

      Taiwan News | 1 year ago
    The chairman of the House Budget Committee says Republicans will oppose tax increases and, as a result, deep, unpopular budget cuts will likely take effect. Republican Rep. Paul Ryan of Wisconsin told NBC television's "Meet the Press" on Sunday that...
  • Some GOP lawmakers see cuts as leverage

      Telegram & Gazette | 1 year ago
    Theres a growing sense of resignation that the countys political leaders will be unable or unwilling to find a way around looming automatic spending cuts despite fresh signs the trims would threaten the recovering economy. On one side are...
  • Inhofe bill offers flexibility if defense cuts are required

      Tulsa World | 1 year ago
    Sen. Jim Inhofe has proposed legislation that would give Pentagon leaders flexibility with their funding if automatic budget cuts are triggered in early March. Inhofe, of Tulsa, the top Republican on the Senate Armed Services Committee, said...
  • Economic jitters compete with Obama agenda

      Associated Press | 1 year ago
    Just as President Barack Obama is pushing new initiatives on gun control and immigration, the gloomy old problem of a sluggish economy is elbowing its way back into prominence. Consumer confidence is falling, the economy is contracting and large...
  • U.S. economy shrank in late 2012

      Sacramento Bee | 1 year ago
    Disappointing data released Wednesday underscore how tighter fiscal policy may continue to weigh on growth in the future as government spending, which increased steadily in recent decades and expanded massively during the recession, plays a...
  • The cutting game

      SF Gate | 1 year ago
    If you thought Republican presidential hopefuls were insane to refuse to raise their hands during a 2011 primary debate when asked if they'd support a deficit-reduction deal with $10 in spending cuts to $1 in tax increases, look at Washington today.
  • Will Economic Contraction Affect Debate Over Sequester?

      National Public Radio | 1 year ago
    There are some people who viewed the news that the economy shrank toward the end of the year as a bracing wake-up call, a gloomy foreshadowing of what could happen if even bigger automatic reductions start March 1. But don't count on it changing the...
  • Economy shrinks as federal spending cuts trump private sector's growth

      Washington Post | 1 year ago
    The Washington Post The American economy shrank at the end of last year for the first time since the recession ended, according to new government data, as deep cuts in federal spending torpedoed what otherwise looked to be a modest recovery.
  • White House blames Republican 'brinkmanship' for GDP contraction

      GMA News | 1 year ago
    The White House on Wednesday blamed the surprising contraction of the U.S. economy at the end of last year at least partly on Republican "political brinkmanship" for threatening to let defense cuts take effect. White House spokesman Jay Carney said...
  • Carney Won't Say if Obama Believes Government Has a Spending Problem

      CNSNews.com | 1 year ago
    White House Press Secretary Jay Carney did not deny President Barack Obama, who oversaw a $5.8 trillion increase in the national debt during his first term, believed the country did not have a spending problem. The Wall Street Journal reported on Jan.
  • US economy shrinks 0.1 pct., 1st time in 3½ years

      SF Gate | 1 year ago
    The U.S. economy unexpectedly shrank from October through December, the first quarterly drop since 2009 and a reminder of the economy's vulnerability as automatic cuts in government spending loom. The Commerce Department said the economy shrank at an...
  • White House: GOP responsible for contracting economy

      The Hill | 1 year ago
    The Commerce Department projected Wednesday that the nation's gross domestic product (GDP) shrank by 0.1 percent in the fourth quarter of 2012. Carney said that was partially attributable to the threat of sequestration, which would implement across-...
  • White House accuses Republicans of brinkmanship on spending cuts

      Reuters | 1 year ago
    Topics A volunteer adjusts a sign at the America Presidential Experience exhibit during the Democratic National Convention in Charlotte, North Carolina September 4, 2012. The White House said on Wednesday a drop in GDP in the fourth quarter is driven...
  • DISMAL OUTLOOK: Economy Shrinks for 1st Time in More Than 3 Years

      Fox | 1 year ago
    FoxNews.com The country's fiscal health got a gut-check Wednesday after a report by the Commerce Department showed the U.S. economy unexpectedly shrank in the fourth quarter. Despite stronger consumer spending, it's the biggest dip the country has...
  • GOP lawmakers see automatic cuts as leverage

      Arizona Republic | 1 year ago
    Driven by frustration over deficits and debt, Republican conservatives are pushing a politically risky move to permit painfully large automatic spending cuts to strike the Pentagon and domestic programs alike in an effort to force Democrats into...


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.