President Obama on Friday unveiled fuel-efficiency standards of 54.5 miles per gallon by 2025 – a significant step in dealing with emissions and oil consumption.
Long the "third rail" of politics, Social Security has emerged as a part of bipartisan talks aimed at stabilizing America's public debt. Will it finally be restructured to reflect today’s economy?
As debt talks shift to Obama, GOP Speaker John Boehner, and Democratic Senate leader Harry Reid, taxes remain the logjam. No one wants to be seen as giving ground on that issue too quickly.
On Monday, President Obama and Vice President Joe Biden will hold meetings with Sens. Harry Reid and Mitch McConnell to discuss the status of the debt talks.
Talks broke down on key fronts this week as an impasse appeared on cutting spending and raising taxes. That leaves bipartisan leadership talks, chaired by Vice President Biden, as the main venue for a deal that could pass both the House and Senate.
The Senate on Wednesday rejected both the big budget cuts of the House bill and the much smaller cuts of a Senate alternative. The ball is once again in the court of the 87 GOP House freshmen elected on last year's tea party wave.
Rep. Ron Paul wants to reform how monetary policy is made. Other reformers suggest looking at policy outcomes.
Senators vote to end debate on GOP-Obama tax deal, clearing the way for its passage. Attention now shifts to the House, where liberal Democrats are expected to discuss revisions.
Obama may be having second thoughts about Bill Clinton's joining him for an impromptu press conference about the tax cut deal with Republicans. The former president talked on ... and on.
In the political game of chicken that the tax cuts debate became, Obama may have blinked first, but he secured unemployment benefits extensions and other Democratic priorities.