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Many lose, few win in debt deal debacle

Many lose, few win in debt deal debacle

The chaotic and often ugly debt-ceiling talks managed to avert a potential economic catastrophe but inflicted new damage to the political reputations of most of the key players. The 11th-hour…

The dirty dozen: A ‘super congress?’

The dirty dozen: A ‘super congress?’

The nation’s bills are being paid and Congress has bolted the hothouse of Washington, one debt limit deadline beaten and another ahead for a dozen yet-to-be-named lawmakers. They might want…

Giffords adds to debt-limit drama

Giffords adds to debt-limit drama

The total number of votes on the historic debt-limit bill was 430. One vote was more memorable than any of the others. Seven months after she was shot in the…

Debt-limit debacle draws to a close…for now

Debt-limit debacle draws to a close…for now

The United States is poised to step back from the brink of economic disaster on Tuesday as a bitterly fought deal to cut the budget deficit is expected to clear…

Right-wing issues warning on debt deal

Right-wing issues warning on debt deal

Conservatives are warning of lasting political consequences as the Republican presidential field offers conflicting positions on the debt-ceiling compromise. Some activists likened the political impact of the high-stakes fight over…

Tea party extremism; buyer’s remorse

Tea party extremism; buyer’s remorse

House Republicans rode the tea party tiger to power last fall. Now it’s turning on them, forcing party leaders to endure embarrassing delays and unwanted revisions to crucial debt-ceiling legislation.…

Senate Democrats overestimate deficit cuts

Senate Democrats overestimate deficit cuts

Senate Democrats‘ legislation to reduce the U.S. deficit and increase borrowing authority would cut $2.2 trillion from deficits, about $500 billion less than Democrats claimed, the Congressional Budget Office said…

Tea party Congressman owes $117k in child support

Tea party Congressman owes $117k in child support

Illinois Rep. Joe Walsh, the tea party-backed Republican who squeaked into office last year by vowing to bring fiscal responsibility to Washington and who has been one of President Barack…

Right-wing puts Boehner in a vise

Right-wing puts Boehner in a vise

Neither the House nor the Senate has a clear path forward for must-pass legislation to allow the government to continue to borrow to pay its bills, putting lawmakers and financial…

Lots of hype, few actual spending cuts

Lots of hype, few actual spending cuts

They may promise to reduce federal spending by $3 trillion or thereabouts, but the immediate spending cuts in rival budget and debt proposals by House Speaker John Boehner and Senate…