Obama: 'Iran Will Never Develop Nuclear Weapons'Before speaking to members of the press regarding a potential government shutdown due to Senate infighting about the national budget, President Barack Obama began by discussing a phone conversation that he had with new Iranian President Hassan Rouhani.
Obama Warns Republicans Against Promises To Create 'Economic Chaos' In a blistering warning to congressional Republicans, President Barack Obama said it would be the "height of irresponsibility" for lawmakers to cause another economic crisis just five years after the collapse of the nation's financial system.
Treasury Secretary: Raise Debt Limit, Remove 'Cloud Of Uncertainty'Congress needs to raise the debt limit and take away the "cloud of uncertainty" about the nation's ability to pay its bills, Treasury Secretary Jack Lew said in an interview broadcast Sunday.
House GOP May Seek Short-Term Debt Limit Extension House Republicans may seek a quick, short-term extension of the government's debt limit, a move that would avoid an immediate default by the Treasury as the party seeks to maximize leverage in negotiations over spending cuts with President Barack Obama this spring, officials said Thursday.
Opinion: GOP A Party Without A PlanWith one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.
Opinion: The Fourteenth Amendment SolutionSpeaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Bernanke: Congress Must Raise Debt Limit To Prevent US From DefaultingFederal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.
Boehner: Any Deal To Avert 'Fiscal Cliff' Must Include Lower Tax RatesHouse Speaker John Boehner says any deal to avert the so-called fiscal cliff should include lower tax rates, eliminating special interest loopholes and revising the tax code.

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