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.
At 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.
John Boehner is a bloodied House speaker following the startling setback that his own fractious Republican troops dealt him in their “fiscal cliff” struggle against President Barack Obama.
Paul Ryan is getting his groove back.
A top adviser to President Barack Obama’s re-election campaign says one of the biggest surprises of the 2012 election was Mitt Romney’s choice of a running mate.
Gov. Scott Walker insists he is not thinking about running for president in 2016.
On a conference call with donors Romney claimed that Obama won because he gave “gifts” to African Americans, Latinos and young voters.
So just what is this “fiscal cliff” that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the economy into another tailspin?
Obama plays basketball and Romney campaigns on Election Day
Republican vice presidential candidate Paul Ryan tells religious conservative voters that President Obama is threatening the country’s “Judeo-Christian” values.