President Obama will meet Friday with House Republicans during their annual retreat. It's a symbolic display of bipartianship, but will it make a difference?
Senate Democrats raised the debt ceiling to $14.3 trillion and passed a pay-as-you-go measure Thursday. Both needed 60 votes. But a bid to cap federal spending exposed different fault lines.
President Obama's State of the Union speech emphasized cooperation and policies favored by both Republicans and Democrats, but offered no solutions for breaking partisan gridlock in Congress.
President Obama, in his State of the Union address Wednesday, showed little inclination to downscale his ambitious agenda and, strikingly, devoted a fair bit of his speech to the need to change the partisan tone in Washington.
The president said that economic recovery was his top priority but said he wouldn't abandon health care reform and other signature plans.
Full text of President Obama's State of the Union address
Treasury Secretary Timothy Geithner says the government ‘made the best of a set of terrible choices’ in bailing out insurance giant AIG. But Democrats and Republicans alike hammered him for not demanding more from financial institutions.
President Obama delivers his State of the Union address at a political low point. He needs to buck up his party and soothe a frustrated electorate. Will he adopt his new fighting persona? Will anyone heckle him?
Oregon voters Tuesday approved Measures 66 and 67 that would raise taxes on the wealthy and on businesses. The vote suggests Americans may be willing to accept some types of tax hikes even in these hard times.
A ballot before Oregon voters Tuesday would raise taxes on high earners to lower the yawning state deficit. It is being seen as a snapshot of the national mood.