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.
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.
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.
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.
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.
April 5, 2011 After meeting with President Obama at the White House, the House speaker said there's still no deal. The federal government could shut down at midnight Friday if no agreement is reached.
April 5, 2011 The Republican plan, he says, would cut $6.2 trillion in spending over the next 10 years. Read what he and other GOP leaders are proposing.
March 30, 2011 With a partial government shutdown looming just a bit over a week away, Democrats and Republicans appeared to settle on about $33 in federal spending cuts for the rest of the year. But a final deal was yet to be reached as of Wednesday evening.
March 3, 2011 After meeting with Republicans on the budget, Biden issued a tweet-worthy news release. It was a signal of not much progress.
March 1, 2011 The House has voted to keep the federal government running for two more weeks, passing a bill to avert a government shutdown by a 335-91 margin. The bill, which the Senate is expected to pass as well, buys more time for legislators to work out a long-term spending bill.