White House press secretary Jay Carney says President Barack Obama understands that he will not get everything he wants in a deficit reduction deal, but there are some lines he simply isn't willing to cross..
White House press secretary Jay Carney says President Barack Obama understands that he will not get everything he wants in a deficit reduction deal, but there are some lines he simply isn't willing to cross.
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Breaking! Fiscal Cliff Drama between Reid & Boehner | Rep. John Boehner, Rep. Harry Reid obscenity-laced argument over fiscal cliff
Fiscal cliff negotiations between House Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) reportedly got heated last Friday.
According to Politico, several sources claimed to have overheard a verbal altercation between the two men in the White House lobby.
With no bipartisan agreement about the debt ceiling, spending cuts and tax increases in sight, Boehner reportedly pointed at Reid and said, 'Go f**k yourself.'
'What are you talking about?' Reid asked.
And Boehner again said, 'Go f**k yourself.'
The encounter occurred soon after Reid took to the Senate floor and argued that Boehner could have ended the fiscal cliff standoff by bringing up legislation passed by the Senate for a vote. Reid also accused Boehner of catering to members of his party rather than serving the country.
'The American people I don't think understand the House of Representatives is operating without the House of Representatives,' Reid said. 'It's being operated by a dictatorship of the speaker, not allowing the vast majority of the House of Representatives to get what they want.'
Despite the name-calling and angry rhetoric, a deal on the fiscal cliff was approved by both houses of C
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Period of Fiscal Year:
The fiscal year variant contains the number of posting periods in the fiscal year and the number of special periods. In this video tutorial, we will explain Creation of Fiscal Period and Posting Periods.
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Creation of Fiscal Period and Posting Periods | Period of Fiscal Year | Calendar Year in SAP
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President Barack Obama says he believes a framework to cut the country's massive debt can be reached before Christmas.
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A bipartisan group of governors says they sought assurances from President Barack Obama that any cuts in spending to address the looming 'fiscal cliff' would not shift the financial burden onto states.
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President Barack Obama says he is prepared to do 'tough things' for a 'fiscal cliff' deal and says there is no reason for the talks to fail.
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Senate negotiators remain short of an agreement as a year-end deadline looms to prevent tax increases for nearly all Americans.
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The Economic Times | A Times Internet Limited product
Speaking to Supriya Shrinate, KV Kamath, President of the New Development bank says that India will not cross the red when it comes to the fiscal deficit target. He lauds the GST rollout and bank clean-up act by the Modi Government and terms them as this Government's biggest hits. Speaking about the NPA situation, he added that India is at the end of the NPA cycle.
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