Latest local news, weather and high school sports for Toledo area

Tuesday, May 14, 2013  Pentagon poised to trim number of civilian furlough days, expand pool of exempt workers

Tuesday, March 05, 2013  GOP seeks to smooth roughest cuts, avert government shutdown later this month

Tuesday, February 19, 2013  President Barack Obama is warning that "people will lose their jobs" if across-the-board budget cuts take effect as scheduled next week.

Wednesday, February 13, 2013  Skeptical Congress may deliver Obama few victories on State of the Union priorities

Wednesday, January 30, 2013  As Congress begins anther round of deficit reduction and budget negotiations, Northwest Ohio seniors will gather Wednesday to protest cuts to Medicaid, Medicare and Social Security.

Monday, January 07, 2013  The tough talk on the Sunday morning talk shows doesn't bode well for voters who are frustrated by the political gridlock.

Wednesday, January 02, 2013  The deals hands President Barack Obama most of the tax hikes on the rich that he campaigned for

Monday, December 17, 2012  House Speaker John Boehner is offering $1 trillion in higher tax revenue over 10 years and an increase in the top tax rate on people making more than $1 million a year.

Monday, December 10, 2012  The stock market's unpredictability is perhaps the biggest wild card in the political showdown over the fiscal cliff.

Tuesday, December 04, 2012  The counter to a White House plan last week relies more on politically sensitive spending cuts and would raise half the $1.6 trillion in revenue proposed by Obama over the coming decade.

Thursday, November 29, 2012  Ohio's Republican senator sees tax reforms, not letting taxes go up, as the way to ease the nation's fiscal crunch.

Wednesday, November 28, 2012  Senate Democrats divided over cuts to benefit programs, raising roadblock to any fiscal deal

Tuesday, November 27, 2012  Post-election, Obama to appeal to the public on how to deal with the fiscal cliff

Friday, November 16, 2012  Obama on tricky path in fiscal cliff negotiations with congressional leaders

Monday, November 12, 2012  There will be an automatic trigger of forced, more radicalized increases of taxes and cuts beginning January 1, 2013.  This part of the agreement is referred to as "sequestration" and these are designed to radically cut the deficit by 1 trillion+ over 10 years.