President Obama is pushing for a comprehensive deal to raise the debt ceiling and trim long-term deficits. But any big deal will require arm-twisting in Congress, and time is running out.
The Tea Party movement is taking aim at Republican incumbents, including Utah Sen. Orrin Hatch, Sen. Olympia Snow of Maine, and Sen. Scott Brown of Massachusetts. Will it succeed in unseating them?
Usually natural allies, the tea party and the business lobby are at odds over if and how to raise the national debt limit.
House Speaker John Boehner calls for trillions in spending cuts as a condition of raising the national debt limit. Is that bar so high that Congress will do short-term fixes – and wait for voters to speak in Election 2012?
Budget stalemate has many on Capitol Hill crunching numbers. With any new budget, taxes may be the real third rail of politics. Can the U.S. solve its fiscal woes without more revenue?
Administration officials, in the first formal accounting to Congress on the Japan nuclear crisis, assured senators that US reactors are safe. But industry critics said much needs to be improved.
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.
Republican freshman – tea partyers and others – keep breaking ranks, leading to shocking legislative defeats. Now, 87 representatives and 11 senators have written to Speaker of the House John Boehner to insist on $100 billion in budget cuts.
Republican Sens. Richard Lugar of Indiana and Orrin Hatch of Utah could face tea party challenges in their 2012 primaries. But while Hatch is embracing the tea party, Lugar is fighting it.
House Republican leadership wants to rein in the federal budget by $32 billion from current spending levels. But some of the rank-and-file want $100 billion in cuts – or more.