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Apr 10, 2013 at 7:44 AM PDT
President Barack Obama is sending Congress a $3.8 trillion spending blueprint that seeks to achieve an elusive "grand bargain" to tame runaway deficits by raising taxes further on the wealthy and trimming popular benefit programs such as Social Security.
Mar 23, 2013 at 8:58 AM PDT
An exhausted Senate gave pre-dawn approval Saturday to a Democratic $3.7 trillion budget for next year that embraces nearly $1 trillion in tax increases over the coming decade but shelters domestic programs targeted for cuts by House Republicans.
Mar 12, 2013 at 8:05 AM PDT
House Republicans are sticking to their guns on the federal budget, promising to try to repeal so-called Obamacare, cut domestic programs from Medicaid to college grants and require future Medicare patients to bear more of the program's cost.
Mar 10, 2013 at 9:23 AM PDT
Republican lawmakers said Sunday they welcome President Barack Obama's courtship and suggested the fresh engagement between the White House and Congress might help yield solutions to the stubborn budget battle that could cost scores of Americans their jobs.
Mar 6, 2013 at 8:12 AM PDT
The Obama administration and congressional Republicans are quietly working in tandem to blunt the impact of short-term spending cuts that kicked in with dire White House warnings a few days ago, with both sides eager to pocket the full savings for...
Feb 18, 2013 at 7:34 AM PDT
The White House is downplaying its draft proposal as merely a backup plan if lawmakers don't come up with an immigration overhaul of their own. It won't be necessary, Republican and Democratic lawmakers alike are telling the Obama administration.
Feb 13, 2013 at 7:37 AM PDT
President Barack Obama set up high-stakes clashes with Republicans over guns, immigration, taxes and climate change in a State of the Union address that showcased his determination to mark his legacy. Republicans urged Obama to get out of campaign...
Jan 31, 2013 at 7:36 AM PDT
Prominent Republicans, from television commentator Sean Hannity to former vice presidential candidate Paul Ryan, now support legalizing the status of some illegal immigrants.
Jan 24, 2013 at 7:41 AM PDT
The nation's sharp disagreements over taxes and spending are on a re-routed collision course, as Senate Democrats launch a plan that includes new taxes and House Republicans vow to speed up their plan to balance the federal budget with spending cuts alone.
Jan 23, 2013 at 11:04 AM PDT
The House overwhelmingly passed a bill Wednesday to permit the government to borrow enough money to avoid a first avoid default for at least four months, defusing a crisis looming next month and setting the stage for a springtime debate over taxes,...
Jan 1, 2013 at 2:46 PM PDT
Past its own New Year's deadline, a weary Congress sent President Barack Obama legislation to avoid a national "fiscal cliff" of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America's...
Jan 1, 2013 at 2:26 PM PDT
Past its own New Year's deadline, a weary Congress sent President Barack Obama legislation to avoid a national "fiscal cliff" of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America's...
Dec 28, 2012 at 5:34 PM PDT
The Senate on Friday approved a $60.4 billion emergency spending aid package for victims of Hurricane Sandy that had been backed by Senate Democrats.
Dec 4, 2012 at 10:19 PM PDT
Paul Ryan and Marco Rubio, two potential 2016 presidential candidates, laid out policy prescriptions for their Republican Party on Tuesday night, nudging a party still smarting from Mitt Romney's loss to President Barack Obama to reach out to a broader audience.
Dec 3, 2012 at 12:09 PM PDT
House Republicans put forth a $2.2 trillion "fiscal cliff" counteroffer to President Barack Obama on Monday, calling for raising the eligibility age for Medicare, lowering cost-of-living hikes for Social Security benefits and bringing in $800...