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.
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.
Wary of the impact on Medicare, five Republicans joined Senate Democrats in defeating the Republican budget plan written by Rep. Paul Ryan. But the Democrats have no plan of their own, and this could hurt them.
President Obama met with Senate Democrats on Wednesday, and he will meet with Republicans Thursday in a bid to find a fiscal way forward.
Congress and the White House may have resolved one budget crisis. But comments on the Sunday talk shows indicate bigger fights ahead over federal debt and government spending.
House Republicans passed a continuing resolution that would delay a government shutdown for a week. But there's a lot to dislike in the bill for Senate Democrats and President Obama.
The chairmen of Obama's debt commission had a receptive audience in the Senate Budget Committee, as fears of a US debt crisis have brought a new tone of urgency to Washington.
With the national debt at 90% of gross domestic product, the US could face a crisis if creditors raise interest rates, experts say.
House Budget Chairman Paul Ryan releases his spending limits for the 2011 House budget. Democrats say the cuts are unconscionable. Some Republicans say they're too small.