There's a lot of talk about cutting the US deficit but very little actual cutting of deficit. One reason? There's not much easy to cut. Decoder explains the six ways Washington spends money.
A new ad from the Obama reelection campaign charges just that, while Mitt Romney calls the idea 'completely absurd.' They can't both be right.
As the Romney campaign jumps on Obama's 'the private sector is fine' comment, former Clinton strategists are urging Obama to focus on the future, not on what he's done in the past four years.
It was easy to target Obama's statement Friday on the the private sector 'doing fine,' and his critics wasted little time doing so. But in the full context of his remarks, his point is easier to defend.
President Obama's remark that the sagging economy is due to cuts in public-sector jobs riled Republicans in Congress, who pledge to extend the Bush tax cuts and repeal health-care reform.
Mitt Romney raised $16 million more in campaign cash in May than Obama did. That's a reversal of fortune from April, when Obama prevailed by $11 million. Here are three reasons for the big shift.
Sightseeing in Spain reveals just how down in the dumps the economy is there. If the rest of Europe doesn't come to the rescue, a debt crisis in Spain could move like a tsunami across the Atlantic, possibly engulfing the US economy – and sinking Obama's reelection bid.
Pundits across the political spectrum are saying the effort to recall Wisconsin Gov. Scott Walker was a fight Democrats were destined to lose and 'shouldn't have picked.'
Rush Limbaugh and the Republican National Committee are in full 'Obama as out-of-touch celebrity' attack mode, but it's not clear that voters care more about that than jobs.
With job approval ratings in single digits, Congress is at record lows in public opinion. Is it because the nation's lawmakers are truly performing badly? Or is the institution – viewed by Founding Fathers as the preeminent branch – maligned and misunderstood? See how much you know about the Congress. Take our quiz!