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Why, after all these years, the Senate is working on a budget (+VIDEO)
Senate Democrats didn't pass a budget resolution for the previous three years, but they are taking steps to do it this year. Three things, in particular, have changed.
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'Fiscal cliff': Is Washington missing its chance to 'go big'?
President Obama and Congress are preparing to have another go at a deal on the fiscal cliff, but more and more it's looking like an opportunity for something grand to be wasted.
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Gloomy predictions as Washington approaches the 'fiscal cliff'
It's still possible that the 'fiscal cliff' with its automatic tax increases and across-the-board spending cuts can be avoided. But the clock is ticking toward Jan.1, and most lawmakers are pessimistic.
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Petraeus testifies that CIA always suspected terrorists in Libya attack
Ex-CIA director David Petraeus told lawmakers that the CIA's draft talking points named specific terrorist groups. But Petraeus said some federal agency changed it to "extremists."
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Congress: Will fiscal cliff, election results lead partisans to stand down?
Post-election, the GOP-led House still sees its mandate as tax-hike prevention. Obama and the Democrats still want to raise taxes for the wealthy. But if they don't work together, the looming 'fiscal cliff' – which no one wants to see – may doom them all.
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Senator prods Gang of 8 to make middle class, deficit-cutting top priorities
As bipartisan talks to avoid a 'fiscal cliff' renew this week, a top Senate Democratic leader, Charles Schumer, warns negotiators that any plan that aims to cut taxes on the rich and also cut deficits is 'a trap,' and won't add up.
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Decoder Wire Why Democrats are hesitant to vote on Obama's tax plan
President Obama urged Congress immediately to pass his plan to extend some of the Bush tax cuts. But Senate Democrats are taking their time, hoping to score political points.
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Fight brewing in Congress over budget, taxes
Last year, Congress put off hard decisions on the country's finances, but they are coming due in an election-year showdown.
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Wounded aide wins Giffords' seat in Arizona election
Ron Barber, who was wounded in the shooting, won the special election on Tuesday night.
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Tight race in Arizona for Giffords' former aide
The former Congresswoman has been campaigning for her chosen successor; voters are at the polls today in a special election.
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Will appearances by Gabrielle Giffords save Arizona seat for Dems?
Gabrielle Gifford is helping the former director of her district office, Democrat Ron Barber, in his race to fill her Arizona seat in Congress. His Republican opponent is Jesse Kelly.
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Economist Mom Paul Ryan's budget and the sticking point between the left and right
In their calls for tax reform, Republican Paul Ryan and Democrat Kent Conrad have a lot in common. But the question over tax revenues continues to drive the two sides apart.
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A Congress with no room for Olympia Snowe and other centrists?
Sen. Olympia Snowe (R) of Maine is the latest centrist to depart Congress. For several years now, the partisans have been staying and the moderates have been either losing or leaving.
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Without Ben Nelson, can Democrats keep control of Senate in 2012?
The decision by Sen. Ben Nelson (D) of Nebraska not to run for reelection in 2012 is a 'blow' to Democrats' efforts to retain their Senate majority, analysts say.
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In Pictures: Who's who in the US debt crisis
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Obama open to short-term deal on debt ceiling. Here are five ideas.
The scramble on Capitol Hill to come up with a solution to the nation’s debt crisis produced a surprise announcement from the White House Wednesday: Contrary to previous statements, President Obama would support a short-term deal to raise the debt ceiling. White House Press Secretary Jay Carney added an important caveat, however. The president would only sign the short-term deal if it was a means to buy time to finalize a longer-term deal without running afoul of the Aug. 2 deadline. Suddenly, Washington is awash in prospects for short term deals. Here are five:
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'Gang of Six' plan hailed as debt-ceiling breakthrough. What's in it?
The proposal by the 'Gang of Six' senators Tuesday draws on ideas from the deficit commission. The middle-of-the-road plan will have to overcome partisan concerns and a lack of time.
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'Gang of Six' revives hope for big deal in stalled debt-ceiling talks
President Obama's hopes for a 'grand bargain' both to raise the debt ceiling and rein in the deficit got a boost Tuesday when the Senate's 'Gang of Six' proposed $3.7 trillion in deficit reductions.
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Can President Obama jump-start debt talks?
President Obama has invited congressional leaders to the White House Thursday to try to resolve the stalemate over raising the debt limit. The deadline for a deal is Aug. 2.
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Debt crisis: Senate cancels holiday leave, but will it accomplish anything?
Heeding a call from President Obama, the Senate cancels its July 4th break to deal with the looming debt crisis. But Democratic leaders are not planning any meetings with Republicans.
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A glint of compromise in Congress's debt limit stalemate?
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.
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Congress stalls out on budget and deficits. What next?
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.
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And then there were five
Sen. Tom Coburn has left the Gang of Six because its talks were at an 'impasse.' Where does this leave a bipartisan agreement on deficit reduction?
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Why we need the (well-mannered) Gang of Six
Beyond the potential for political progress, the Gang of Six has something else to offer America and the rest of Capitol Hill: good manners.
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Congress has plenty of deficit-cutting plans, but can any of them fly?
President Obama met with Senate Democrats on Wednesday, and he will meet with Republicans Thursday in a bid to find a fiscal way forward.
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