July 5, 2011 The latest top stories about the talks in Washington as a potential government shutdown looms.
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.
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.
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.