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Budget 1 News
House panel approves contentious GOP budget plan It's on to the House floor for a deficit-slashing GOP budget plan.That's the next step after the House Budget Committee approved the bold but contentious blueprint by a near party-line vote late Wednesday.Republican leaders may have a tougher time corralling the votes to pass the measure through the full House, where some tea party conservatives think it doesn't go far enough, even though it calls
Biden opens talks on deficit curbs, debt increase
Preparing for what promises to be a monthslong negotiation over what to do about the spiraling U.S. debt, Vice President Joe Biden and top lawmakers are hoping to find common ground on cutting a
Obama: Address long-term debt after spending deal
President Barack Obama says he and Congress should address the nation's long-term fiscal condition after lawmakers complete a deal on spending for the current fiscal year.
Obama's budget director: 'Tough choices' in store
President Barack Obama's budget director is pointing to spending cuts in three programs as examples of the "tough choices" ahead in the White House budget blueprint that will propose lower 1
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