• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • Contact Us
  • About Towleroad
  • Towleroad on Social Media
  • Privacy Policy

Towleroad Gay News

Gay Blog Towleroad: More than gay news | gay men

  • Travel
  • Sports
  • Law/Justice
  • Celebrities
  • Republicans
  • Madonna
  • Books
  • Men
  • Trans Rights
  • Royals
  • Monkeypox
  • Sophia Bush’s girlfriend ‘proud’ the actress has opened up about coming out as queer
  • Mel B declares she’ll ‘always be open’ when it comes to her sexuality!
  • Megan Thee Stallion being sued for ‘forcing cameraman watch her having lesbian sex!’

Watch Obama Explain The Fiscal Cliff Deal: VIDEO

Andrew Belonsky January 2, 2013

Obamafiscalvideo

Democrats and Republicans performed a seemingly impossible feat by striking a deal to prevent the United States from plunging off the fiscal cliff of their creation this week. Well, for now.

From CBS News:

Ultimately, yesterday's “fiscal cliff” deal didn't address the issue at all. In the remarks he gave after the House passed the deal, Mr. Obama once again warned against a debt ceiling fight: “I will not have another debate with this Congress about whether they should pay the bills that they've already racked up through the laws that they passed,” he said. “We can't not pay bills that we've already incurred.”

Around the same time Washington will hit its debt limit, the “continuing resolution” by which Congress is funding the federal government will expire. Since Congress has been too dysfunctional to pass a real budget, it passed short-term “continuing resolutions” to keep the government running. The current resolution is set to expire on March 27, leaving open the threat of a government shutdown.

AFTER THE JUMP, watch President Obama discuss how this stop-gap plan will help the unemployed, impact middle class taxes and what it means for wealthier Americans not being asked to pay a fairer share.

video
play-rounded-fill
Link

Topics: News, Republicans More Posts About: Barack Obama, Barack Obama, News, The Economy

Related Posts
  • Netflix Unveils ‘Rustin’ Trailer Featuring Colman Domingo as Bayard Rustin
  • Ted Cruz claims Buttigieg running against Biden because his ‘cadence’ is ‘mimicking Barack Obama’
  • These are the ‘dumbest’ and ‘silliest’ things that ‘triggered’ far-right culture warriors in 2022: podcast
  • Mel B declares she’ll ‘always be open’ when it comes to her sexuality!

    Mel B declares she’ll ‘always be open’ when it comes to her sexuality!

    Published by BANG Showbiz English Mel B will “always be open” when it comes to her sexuality. The Spice Girls singer, 48, who reunited with her bandmates including the group's ex-singer Victoria Beckham for the fashion …Read More »
  • Megan Thee Stallion being sued for ‘forcing cameraman watch her having lesbian sex!’

    Megan Thee Stallion being sued for ‘forcing cameraman watch her having lesbian sex!’

    Published by BANG Showbiz English Megan Thee Stallion is being sued for allegedly creating a hostile work environment and forcing her cameraman to watch her having lesbian sex. The 29-year-old ‘Savage' rapper faces the salacious claims …Read More »
  • Mean Girls star Jonathan Bennett recalls the moment his life ‘changed forever’

    Mean Girls star Jonathan Bennett recalls the moment his life ‘changed forever’

    Published by BANG Showbiz English Jonathan Bennett's life was “changed forever” by his role in ‘Mean Girls'. The 42-year-old actor starred as heartthrob Aaron Samuels in the 2004 cult classic – which followed Lindsay Lohan, Rachel …Read More »
  • Sir Elton John sent Lance Bass gift basket to celebrate coming out

    Sir Elton John sent Lance Bass gift basket to celebrate coming out

    Published by BANG Showbiz English Sir Elton John sent Lance Bass a gift basket after he came out as gay. The 44-year-old NSYNC star revealed the legendary singer showed his support when Lance decided to reveal …Read More »
Previous Post: « Andrew Sullivan Set To Start Independent Pay Site February 1
Next Post: Bank Of America Settles With Lesbians Denied Mortgage »

Primary Sidebar

Most Recent

  • Sophia Bush’s girlfriend ‘proud’ the actress has opened up about coming out as queer

    Sophia Bush’s girlfriend ‘proud’ the actress has opened up about coming out as queer

  • Mel B declares she’ll ‘always be open’ when it comes to her sexuality!

    Mel B declares she’ll ‘always be open’ when it comes to her sexuality!

  • Megan Thee Stallion being sued for ‘forcing cameraman watch her having lesbian sex!’

    Megan Thee Stallion being sued for ‘forcing cameraman watch her having lesbian sex!’

  • Mean Girls star Jonathan Bennett recalls the moment his life ‘changed forever’

    Mean Girls star Jonathan Bennett recalls the moment his life ‘changed forever’

  • Sir Elton John sent Lance Bass gift basket to celebrate coming out

    Sir Elton John sent Lance Bass gift basket to celebrate coming out

  • Relationship status influences heterosexual women’s sexual prejudice towards lesbians

    Relationship status influences heterosexual women’s sexual prejudice towards lesbians

  • JoJo Siwa had a challenge transitioning to new grown-up image

    JoJo Siwa had a challenge transitioning to new grown-up image

  • Liz Hurley defends lesbian sex scene in new movie that was directed by her son

    Liz Hurley defends lesbian sex scene in new movie that was directed by her son

Partner Links

  • See Cher’s full interview with Howard Stern
    This is from last year and while I had seen clips, […]
  • Musk Does Not Deny NY Times Report Of His Drug Abuse
    In case you missed it, The New York Times published a […]
  • OMG, his butt: Actor Lasse Klene in ‘Traumnovelle’
    It’s the weekend, and Lasse Klene does exactly what we WISH […]
  • OMG, Bella and Gigi Hadid reveal that they have a secret younger sister
    The cats outta the bag: Gigi and Bella Hadid have revealed […]
  • Leavitt: DOGE Will Continue Without Musk
    With Elon Musk officially gone from the White House, Press Secretary […]

Most Commented

Social

Twitter @tlrd | Facebook | Instagram @tlrd

About

  • Advertise
  • Contact Us
  • About Towleroad
  • Towleroad on Social Media
  • Privacy Policy
[towleroadmr] [towleroadtn]

Footer

Ptown Hacks 2018

Read

  • Travel
  • Film
  • Law – LGBT Rights
  • Columns
  • Specials

About

  • Advertise
  • Contact Us
  • About Towleroad
  • Towleroad on Social Media
  • Privacy Policy

Copyright © 2025 · Log in

×
×