John Boehner

Republicans willing to use spending cuts as leverage

Republicans willing to use spending cuts as leverage

Driven by frustration over deficits and debt, Republican conservatives are pushing a politically risky move to permit painfully large automatic spending cuts to strike the Pentagon and domestic programs alike in an effort to force Democrats into making concessions on the budget. It’s a remarkable turnabout from last year, when GOP leaders were among the […]

GOP goal: Stalemate with Dems, no collaboration

GOP goal: Stalemate with Dems, no collaboration

Is Washington’s backroom dealing dead? House Speaker John Boehner says he no longer wants to negotiate deficit reduction with President Barack Obama. The president says he won’t negotiate raising the government’s borrowing authority. Rank and file lawmakers say they’re tired of being left out of the loop and insist on the regular legislative process. If […]

Obama set to sign Superstorm Sandy aid bill

Obama set to sign Superstorm Sandy aid bill

President Barack Obama said he’ll sign a $50.5 billion emergency relief measure for Superstorm Sandy victims as soon as it lands on his desk. Three months after Sandy ravaged coastal areas in much of the Northeast, Obama chided lawmakers for taking their time to approve the funding even as he commended them for providing the […]

No budget, no pay: An incredible idea whose time has come?

No budget, no pay: An incredible idea whose time has come?

In an earlier era, a move like the one engineered by House GOP leaders to pass a “no budget, no pay” measure probably would have been stopped in its tracks. But with Congress’ approval ratings in the gutter, House lawmakers pushed aside questions about fairness and constitutionality and tacked the idea on to an unpopular, […]

Debt limit vote vote set for House; Obama expected to sign

Debt limit vote vote set for House; Obama expected to sign

A measure to extend the U.S. debt limit for nearly four months moved closer on Tuesday to a vote and the White House said the president would sign the bill if it cleared Congress, easing uncertainty that could have threatened the U.S. economy. The debt limit “suspension,” which would allow the government to borrow money […]

Obama promises tough, liberal stance on fiscal issues

Obama promises tough, liberal stance on fiscal issues

President Barack Obama devoted one word — “deficit” — to the issue that brought Washington to the brink of fiscal crises time and again during his first term. But it was the paragraph that followed in his inaugural address that foreshadowed what’s to come — more hard bargaining and more last-minute deals driven by Obama’s […]

House GOP wants vote to extend debt limit until May 19

House GOP wants vote to extend debt limit until May 19

Republican leaders in the House of Representatives have scheduled a vote on Wednesday on a nearly four-month extension of U.S. borrowing capacity, but the bill does not specify a dollar amount. Legislative language released by the House Rules Committee on Monday said the bill aims “to ensure complete and timely payment of the obligations of […]

Senate Democrats promise something rare: An actual federal budget

Senate Democrats promise something rare: An actual federal budget

Democrats are looking to make new revenue part of the Senate’s first budget in almost four years, which will be released soon after the start of President Barack Obama’s second term. Obama has pushed for a “balanced approach” to solving the nation’s financial woes, including more tax revenue. Republicans for years have complained bitterly that […]

Republicans to skip Obama inaugural, head out of town

Republicans to skip Obama inaugural, head out of town

For many Republicans, this is a good weekend to get away from it all. With hundreds of thousands of Democrats traveling to nation’s capital for President Barack Obama’s swearing-in ceremonies, Republicans and supporters of last fall’s GOP presidential candidate, Mitt Romney, are leaving town for sunny vacation destinations and company conferences or staying indoors and […]

Americans see big problems ahead if debt limit is not raised

Americans see big problems ahead if debt limit is not raised

Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government’s borrowing limit. Yet they’re torn over how or even whether to raise it, leaning toward Republican demands that any boost be accompanied by spending cuts. According to an Associated Press-GfK poll, 53 percent say that if the debt limit is […]