Boehner: Obama Deserves Credit For Entitlement Reforms In BudgetHouse Speaker John Boehner says President Barack Obama deserves some credit for what Boehner calls incremental entitlement reforms in his budget proposal.
Seeking 'Grand Bargain,' Obama To Send Long-Awaited 2014 Budget to CongressPresident Barack Obama on Wednesday is sending Congress his 2014 budget, an effort to achieve an elusive "grand bargain" to tame runaway deficits that have soared above $1 trillion for each of the past four years.
Obama: Proposed Budget Not His 'Ideal Plan' Confronting bipartisan criticism, President Barack Obama conceded Saturday his proposed budget is not his "ideal plan" but said it offers "tough reforms" to the nation's benefit programs while closing loopholes for the wealthy, a mix that he argued will provide long-term deficit reduction without harming the economy.
Obama: 'Absurd' Republicans Would Threaten to Let US DefaultPresident Barack Obama says it is “absurd” that Republicans would threaten to let the United States default on its loans.
Pelosi: I Would Use 14th Amendment To Automatically Raise Debt CeilingHouse Minority Leader Nancy Pelosi says she would use the 14th Amendment to automatically raise the debt ceiling if she were president.
Obama Urges Action On Debt Ceiling During VacationPresident Barack Obama is hailing a last-minute deal that avoids the fiscal cliff but says it's just one step in a broader effort to boost the economy and shrink federal deficits.
Tea Party Official: 'People Are Mad As Hell'The Republican Party seems as divided and angry as ever.
Shelby: Republicans Who Voted For Fiscal Cliff Bill 'Will Rue The Day'Republicans in Congress who took the politically risky step of voting to raise taxes now find themselves trying to fend off potential primary challenges next year from angry conservatives.
McConnell: Obama Refuses 'To Lead On The Pressing Issues Of The Day'A new Congress opened for business Thursday to confront long-festering national problems, deficits and immigration among them, in an intensely partisan and crisis-driven era of divided government. "The American dream is in peril," said House Speaker John Boehner, re-elected to his post despite a mini-revolt in Republican ranks.
McConnell Called 'Obstructionist' By Ky. CriticsU.S. Sen. Mitch McConnell's prominent role in fiscal cliff negotiations drew a derisive review back home Thursday from a longtime critic who branded the top Senate Republican as an entrenched obstructionist.
Opinion: Over The CliffAt midnight, not only did the ball drop in Times Square, ushering in a New Year, but Congress dropped the ball on delivering the country meaningful deficit reduction.
Report: Reid Burns Obama Fiscal Cliff Proposal Hours Before Senate VoteSenate Majority Leader Harry Reid was so upset with President Obama’s proposed “fiscal cliff” deal to Senate Minority Leader Mitch McConnell that he burned it.