Rep. Paul Ryan (R-WI) at NPR headquarters in Washington, D.C., earlier today (May 26, 2011).
May 26, 2011 One day after accusing Democrats of "Medi-scare" political tactics, the author of the Republican plan to remake Medicare and Medicaid and cut the federal debt said that so far Republicans are "negotiating with ourselves" on those key issues.
May 13, 2011 The government says that a bad economy has shortened the lives of the trust funds that support the nation's two biggest benefit programs.
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President Obama at today's town hall in Annandale, Va.
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April 19, 2011 In his first public forum since he laid out his deficit plan in a speech last week, the president defended his proposal to roll back Bush-era tax cuts for high earners, and said he would not gut spending on education, infrastructure and research.
April 13, 2011 ABC News caught the "action" this afternoon as Vice President Biden appeared to nod off for a moment during President Obama's speech on deficit reduction.
President Barack Obama speaks about fiscal policy at George Washington University on April 12, 2011 in Washington, DC.
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April 13, 2011 President Obama delivered a much-anticipated address on his proposals for cutting the federal government's annual budget deficits and reducing the enormous, $14 trillion federal debt. Read through what he had to say.
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Can it be brought under control?
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April 13, 2011 Up to now, the president has kept the commission's work at arms length. He'll deliver an address early this afternoon and lay out his thinking.
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Read it closely.
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April 12, 2011 As we learn more about just where the $38 billion in fiscal year 2011 federal budget cuts will come from, news stories are making it appear that the spending reductions will be less historic than lawmakers have been advertising.
The White House lights may be burning a lot in coming months.
Mandel Ngan/AFP/Getty Images
April 9, 2011 It was literally reached at the 11th hour. And in this era of divided government, that could happen a lot in coming months. We look at some of the morning-after analyses of the deal.
April 8, 2011 Not to dismiss the seriousness of a potential shutdown of much of the federal government at midnight tonight, but there is some fun being had on Twitter.
They don't see eye-to-eye: Senate Majority Leader Harry Reid (D-NV), at left, and House Speaker John Boehner (R-OH), at the White House on Wednesday.
Nicholas Kamm /AFP/Getty Images
April 8, 2011 At this moment, key Democrats and Republicans can't even agree about what the sticking points are.
April 7, 2011 But, he added, "I'm not yet prepared to express wild optimism" about the chances for a deal on this year's federal budget in time to avert a government shutdown at midnight Friday.
April 7, 2011 President Obama and congressional leaders met last night. Lawmakers will resume their negotiations today.
Tea Party activists gather on Capitol Hill on Wednesday. The federal government is facing a potential shutdown if Congress and the White House are not able to agree on a budget.
Brendan Smialowski/Getty Images
April 6, 2011 While officials say essential jobs and duties wouldn't be affected, more than 800,000 civilian workers would be furloughed. Such tasks as processing paper tax returns would be suspended. Military personnel wouldn't get their paychecks.
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Come on back, he says.
Mandel Ngan /AFP/Getty Images
April 6, 2011 But it's still not known whether Republican and Democratic lawmakers will agree to come to another meeting. If a deal isn't struck by midnight Friday, large parts of the federal government could shut down.
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April 5, 2011 House Budget Committee chair, Rep. Paul Ryan, showed political bravery in taking on entitlements as part of his proposed 2012 Republican budget plan. While trying to claim the high ground of leadership for the GOP, he also provided Democrats with a target-rich environment, ensuring a huge debate.
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