Michele Bachmann is on the GOP presidential campaign trail in South Carolina Monday. Michele Bachmann's campaign says she will sign the 'cut, cap, and balance' pledge.
Even as both parties cite the need for progress on the budget, the partisan sniping is becoming unusually personal. Could markets get the jitters if the rancor lasts up to the debt ceiling deadline?
Debt ceiling rants abound. Still, here are a few more reasons that the debate surrounding the debt ceiling is just plain crazy
Republicans in Congress want a vote on a balanced budget amendment to the US Constitution by mid-July. It would precede any vote to raise the national debt limit.
With the Senate vote to end tax breaks for ethanol, the Republican promise not to raise taxes is falling apart
Republicans say they'll raise the debt limit only if Congress passes 'real savings' in the form of spending cuts. Democrats prefer tax increases. A Senate vote Tuesday could offer a way to help bridge the divide.
Two GOP icons of fiscal restraint clash over eliminating certain subsidies or tax credits. Should savings reduce the budget deficit or go back to taxpayers?
Tea party supporters from around the country demanded Republicans keep their promise to cut the budget. Democrats and 'liberals' were the target of their ire, but the GOP leadership wasn't spared.
The GOP-led House, determined to trim spending and emboldened by NPR's recent black eyes, voted Thursday to end NPR's federal funding. Under the bill, no public radio stations could use taxpayer dollars to buy NPR programs.