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Congress faces a bleak Christmas as ‘fiscal cliff’ talks drag on
http://www.euronews.com/ Christmas is cancelled or it could be for Congress if fiscal cliff talks drag on through the holidays.
Democrats and Republicans are as entrenched as ever with the former wanting tax hikes and the latter backing spending cuts. But with President Obama’s popularity ratings on a high it’s no good the Republicans dreaming of what might have been.
“If Romney had won the election, there really would have been a turn to the right in American policies and politics. The tax cuts that were due to expire would have been continued,” said economist Steven Weisman from the Peterson Institute for International Economics.
Pressure is growing on the Republicans and a rift has developed between those wanting to keep Bush-era tax cuts for the rich and those not wanting to be seen as protectors of millionaires.
According to John Sides, political scientist at George Washington University:
“There is still a significant fraction of the party that doesn’t want to raise taxes for the wealthy, that doesn’t want to spend money on domestic programs or wants to cut money on domestic programs and wants to reform entitlements in ways that the public typically doesn’t agree with.”
Something has got to give – if a deal is not reached taxes will go up for almost all working Americans at the start of the New Year and steep government spending cuts will kick in.
Our correspondent in Washington Stefan Grobe said:
“It’s almost a no-win situation for the Republicans. If they give in on higher taxes for the rich, they’ll be outmanoeuvred by President Obama. If they don’t, they’ll get crushed by public opinion.”
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http://www.euronews.net/ It is home to a stretch of coast popular with surfers and one of the oldest funfairs in the United States, welcome to Santa Cruz.
But over recent years this small Californian town – like many other areas – has seen crime rise but police budgets fall. So detectives have been forced to find another method of protecting the population.
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Tech EU News
[SIGN LANGUAGE] The right to work: enabling people with disabilities to thrive in the job market
In this episode, #RealEconomy travels to Poland and Spain to meet the women breaking down barriers in the workplace for those with disabilities and asks European Commissioner for Equality, Helena Dalli what action is being taken.
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Despite vast differences in policy, one thing the remaining candidates for chancellor have in common is their pro-European views.
READ MORE : https://www.euronews.com/2021/09/27/german-election-how-change-in-leadership-in-berlin-could-affect-brussels
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Europe Today: Von der Leyen heads to Lithuania for drone crisis talks, condemns Russia
Ahead of her visit to Lithuania today following recent drone incursions in the three Baltic states, the European Commission president Ursula Von der Leyen has said “Russia’s public threats against the Baltic states are completely unacceptable.”
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Rubio speech friendlier but Europeans are ‘not naive’, top analyst tells Euronews
Rasmussen Global CEO Fabrice Pothier tells Euronews that Rubio’s talk of an “intertwined destiny” for the US and Europe was not an “olive branch”.
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