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Possible vote on raising U.S. debt in coming week

Republicans who control the U.S. House of Representatives have penciled in a possible vote next week on legislation to raise the debt limit, a...

As budget numbers improve, zeal for more cuts wane

New U.S. budget deficit estimates due on Tuesday will likely show a rapidly improving fiscal picture over the next few years, contributing to a...

Boehner has guarded praise for change in Obama’s direction

House Speaker John Boehner says that President Barack Obama's recent outreach to congressional Republicans is a "hopeful sign" that progress could be made in...

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...

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...

Obama refusing to negoiate on debt ceiling

President Barack Obama on Monday rejected any negotiations with Republicans over raising the U.S. borrowing limit, accusing his opponents of trying to extract a...

No clear path for Obama to act alone on debt ceiling...

The White House would be taking a risk if it tries to make a constitutional end-run around Congress' authority to raise the debt ceiling,...

The upcoming spending fight at the not-so-OK corral

Two early showdowns on spending and debt will signal whether the new Congress can find common ground despite its partisan divisions or whether it's...

Obama delays 2012 budget release

President Barack Obama, who has pledged to tackle long-term U.S. debt and deficit challenges, will delay the delivery of his fiscal year 2012 budget...