The automatic spending cuts, just days away, would cut $85 billion a year, having an impact on federal food inspectors, TSA officers, Department of Defense and civilian workers. NBC's John Yang reports. (Nightly News)
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Results tagged “looms”
Before leaving for vacation in Hawaii, President Obama said he expects to sign legislation "before January 1," but Democrats and Republicans seem to have reached an impasse. NBC's Kristen Welker reports and CNBC's John Harwood offers analysis on the fiscal cliff crisis. (TODAY)
With just 10 days until the nation goes over the so-called "fiscal cliff," lawmakers head home for the holidays. For the president, his stay in Hawaii will be a "working vacation." NBC's Kristen Welker reports. (Nightly News)
AAA predicts 93 million Americans will be traveling 50 miles or more this holiday weekend, and as a massive winter storm rolls across the mid-section of the country, travelers are concerned about delays that may affect the weekend. NBC's Tom Costello reports. (TODAY)
Republican leaders are looking at the White House's latest fiscal cliff proposal, which includes a $2.4 trillion dollar deficit reduction package and tax hikes on incomes over $400,000, marking the first time the Obama administration has changed its stance on tax rates. NBC's Chuck Todd reports. (TODAY)
The fiscal cliff talks between the president and House Speaker John Boehner have seen some movement, with the Republican leader showing some willingness to budge on the president's demand for tax increases on the wealthiest Americans. NBC's Kelly O'Donnell reports. (TODAY)
Small business owners are especially worried about a potential increase in taxes that could force them to shut their doors in 2013. NBC's Kristen Welker reports. (Nightly News)
No progress has been made so far to avert the 'fiscal cliff' and now Americans are asking 'what's the hold-up?' NBC's Peter Alexander reports. (Nightly News)
TODAY's Al Roker takes a look at a slow-moving storm set to hit the Northeast this week, bringing coastal wind gusts up to 55 mph, 2-4 inches of rain and dumping heavy snow in the mountains. (TODAY)
As American troops draw out of Afghanistan, officials say the removal plan is on track but that time is precious and the Taliban threat is worrisome. NBC's Lester Holt reports. (Nightly News)