July 15, 2011 With the Aug. 2 deadline approaching, lawmakers are also working on a plan that would give the president authority to raise the federal debt ceiling. The president is due to hold a news conference about the budget discussions later this morning.
July 14, 2011 While there's some disagreement over exactly what happened, those who were there say that President Obama did leave Wednesday's discussions after a pointed exchange with House Majority Leader Eric Cantor (R-VA). But leaders meet again later today.
July 11, 2011 But Democrats, the House speaker said, "insist on raising taxes" and are not "serious enough on fundamental entitlement reform. ... It takes two to tango and they're not there yet."
July 7, 2011 When leaders reconvene, Obama said, it will be "with the expectation that at that point, the parties will at least know where each others' bottom lines are."
July 5, 2011 The latest top stories about the talks in Washington as a potential government shutdown looms.