House Passes Budget, Averts Government Shutdown
The House has passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
The House has passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
A familiar budget plan to sharply cut safety-net programs for the poor and clamp down on domestic agencies is cruising to passage in the tea party-flavored House.
House Republicans are sending mixed signals in agreeing to meet with President Barack Obama for talks over the budget impasse.
The federal deficit likely grew sharply in February from January but stayed below last year's pace through the first five months of the budget year.
The latest Republican budget plan generally resembles prior ones, relying on higher tax revenues enacted in January and improved Medicare cost estimates to promise balance.
President Barack Obama is urging congressional Republicans to accept more tax revenue in order to avert the sequester -- an $85 billion, across-the-board budget cut due to take effect March 1 that could derail America's still stuttering economic recovery.
The House overwhelmingly passed a bill Wednesday to permit the government to borrow enough money to avoid a first-time default for at least four months, defusing a looming crisis setting up a springtime debate over taxes, spending and the deficit.
We've heard from poll after poll in recent months predicting who would win the presidential race: Barack Obama or Mitt Romney. But poll respondents don't have anything to lose when they give their opinions. Gamblers betting on the outcome do, and they give overwhelming odds to one candidate.
In honor of tonight's festivities, we've put together a collection of candidate trivia, a glimpse of the ways the candidates differ -- and the surprising similarities they share.
Tonight, America will witness quite a show because the stakes, frankly speaking, couldn't be higher for both campaigns. So where does the race stand after last week's biblical disaster of a debate for President Obama? It's just about a true toss-up.
President Barack Obama made a cross-country swing for cash and Hispanic support Monday amid signs that Republican rival Mitt Romney is cutting into his lead in some key swing states as the campaign enters its final four weeks.










