Lower Deficit Predictions May Hamper U.S. Budget Deal
The recovering economy is producing greater tax revenues, but an improving deficit picture also reflects the accumulating effects of prior rounds of spending cuts.
Republicans
States Rejecting Medicaid Expansion Face Repercussions
Rejecting Medicaid expansion could have unexpected consequences for states where Republican lawmakers remain steadfastly opposed to the new federal health care law.
Republicans Blast Obama's Plan to Sell New Deal Icon
Republicans are blasting Obama's plan to consider selling the Tennessee Valley Authority, an icon of the New Deal long targeted by conservatives/
Obama to Propose Cuts to Social Security, Official Says
Obama will offer cuts to Social Security and other programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a source says.
Congress Moves to Finally Approve 2013 Budget
Congress is finally cleaning up its unfinished budget business for the long-underway 2013 budget year with a bipartisan funding bill -- but stark differences remain.
Treasury's Lew Sees Likelihood of Budget Deal
Treasury Secretary Jacob Lew says that he is optimistic that President Obama will be able to reach an agreement with Republicans in Congress to break a budget impasse.
GOP Proposal Promises Balanced Budget, Repeal Of 'Obamacare'
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.
White House Details Budget Cut Fallout State By State
The White House has detailed the potential fallout in each state from budget cuts set to take effect at week's end, while congressional Republicans and Democrats keep up the sniping over who's to blame.
Government Downsizes Amid GOP Demands for More Cuts
Republicans and other fiscal conservatives keep insisting on more federal austerity and a smaller government. Without much fanfare or acknowledgement, they've already gotten much of both. Another round of huge cuts, known as the "sequester," will hit beginning March 1.
Obama Presses Congressional Republicans to Avert Sequester
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.
Obama's SOTU Economic Pitch: This Time, It's Personal
In Tuesday's State of the Union address, President Obama turned that old feminist rallying cry that "the personal is political" on its ear with a long list of proposals that argued that the personal is economic -- and the economic is political.
Obama vs. Romney: How Costco, Staples and Walmart Are Voting
For years, Barack Obama's critics have positioned him as the scourge of big business. Last week, however, the co-founder of one of America's biggest companies, Costco, offered a strong rebuttal to the Obama-as-villain argument.
Can Restaurant Sales Predict Who Will Win the Presidential Election?
A recent Los Angeles Times article surveyed the eating habits -- and political affiliations -- of American restaurant goers, which made us wonder: If a restaurant chain's sales are booming, are the politics it's associated with gaining favor too?
Democrats Are From Starbucks, Republicans Are From Visa
Can you tell a person's political affiliation from where they do their shopping? According to "global neuro-insight firm" Buyology, you can. And Buyology's come up with some peculiar political observations from the world of retail.
Democrats Are From Starbucks, Republicans Are From Visa
Can you tell a person's political affiliation from where they do their shopping? According to "global neuro-insight firm" Buyology, you can. And Buyology's come up with some peculiar political observations from the world of retail.