As dark as the political picture is for President Barack Obama right now, Republicans aren't exactly basking in a healthy glow either, suggesting that...
AP | By ANDREW TAYLOR | Posted 10.22.2011
WASHINGTON -- As a "supercommittee" tries to find $1.5 trillion in new deficit cuts this fall, Republicans will be pressing a far more ambitious goal:...
AOL Government | Wyatt Kash | Posted 10.18.2011
Federal agency and department leaders should plan for a 5 percent reduction in discretionary spending in fiscal year 2013, and prepare for more cuts -...
AP | ROBERT BURNS | Posted 10.16.2011
WASHINGTON — Large new cuts in defense spending would "terribly weaken" U.S. national security, Defense Secretary Leon Panetta said Tuesday as h...
Dan Bimrose | Posted 10.01.2011
The news for the last few weeks has been nothing but a persistent and exhausting flow of reports associated with the debt ceiling. Is it too much to ask that we have a little entertainment with that news?
HuffingtonPost.com | Joshua Hersh | Posted 09.26.2011
WASHINGTON -- The seemingly endless process of resolving America's debt crisis may be giving America and its democratic form of governance a bad name ...
HuffingtonPost.com | Sam Stein | Posted 09.20.2011
WASHINGTON -- The fail-safe debt ceiling plan crafted by the Senate's top two leaders, Harry Reid (D-Nev.) and Mitch McConnell (R-Ky.), is close to be...
HuffingtonPost.com | Paige Lavender | Posted 09.20.2011
WASHINGTON -- Rep. Peter DeFazio (D-Ore.) took to the House floor Wednesday to decry efforts being made by President Barack Obama and the Gang of Six ...
The Huffington Post | Alex Becker | Posted 09.19.2011
WASHINGTON -- Senator Bernie Sanders (I-Vt.) has been driven to sarcasm as Congress and the White House continue to move forward with plans to cut Soc...
Janine Balekdjian | Posted 09.19.2011
There is an episode of the original series of Star Trek in which the crew of the Enterprise gets swapped into a parallel universe where good people are evil, right is wrong, logic is replaced with ambition, and Spock has a beard. Welcome to the debt ceiling debate.
AP | DAVID ESPO | Posted 09.16.2011
WASHINGTON — Courting confrontation and compromise alike, House Republicans shrugged off President Barack Obama's threat to veto legislation to ...
Rick Horowitz | Posted 09.11.2011
No wonder the negotiations collapsed: That's not a position -- it's a religion! ...
Reuters | Richard Cowan, Rachelle Younglai, Tim Reid and Caren Bohan | Posted 09.05.2011
By Richard Cowan, Rachelle Younglai, Tim Reid and Caren Bohan WASHINGTON (Reuters) - A small team of U.S. Treasury officials is discussing opti...
HuffingtonPost.com | Tyler Kingkade | Posted 09.05.2011
WASHINGTON -- Former President Bill Clinton said Wednesday that any deficit-cutting deal worked out between Democrats and Republicans shouldn't take e...
HuffingtonPost.com | Sam Stein | Posted 08.23.2011
NEW YORK -- House Majority Leader Eric Cantor's (R-Va.) decision on Thursday to leave ongoing debt ceiling negotiations seemed to bring those talks to...
AP | ANDREW TAYLOR | Posted 08.22.2011
WASHINGTON — Negotiators seeking to carve trillions of dollars from the deficit are facing temptation to use iffy assumptions and outright gimmi...
Posted 08.17.2011
By Andy Sullivan WASHINGTON -- Negotiators trying to tame the United States' spiraling debt said on Thursday that they had tentatively agreed o...
Posted 08.15.2011
By Andy Sullivan and Richard Cowan WASHINGTON - A group of top lawmakers on Wednesday set an ambitious July 1 goal to reach a broad debt-reduct...
HuffingtonPost.com | Elise Foley | Posted 07.23.2011
WASHINGTON -- Sen. Jeff Sessions (R-Ala.) said Monday he will attempt to block the Senate from going on its Memorial Day recess next week unless Democ...
The Wall Street Journal | Posted 11.06.2011