Budgets

With just days before sequestration kicks in, Republicans have learned to love a policy they once claimed to loathe.

It’s a strange thing, this sequester – especially the Pentagon’s over-reaction. Sure, entitlement spending is driving the budget crisis. But that doesn’t mean military spending should be bullet-proof.

The bickering over the provenance of the sequester belies the fact that very few people in Washington truly know how it will unfold.

Will the Democrats or G.O.P. win the sequester showdown? Here’s a scorecard for watching the machinations over the coming month.

Amid President Obama’s call to postpone the pain of sequestration, signs that a solution may be elusive.

Republicans’ short-term suspension of the debt limit is a tactical retreat, but it sets up another budget showdown very soon.

Originally devised as a solution to the last round of debt-limit negotiations, the fiscal cliff instead sets up another round of hostage taking.

Obama has expressed willingness to cut a deal that scales back federal entitlements, but many Democrats are loath to agree to cuts.

Barack Obama dug in Tuesday on his demand that any bargain to avert the so-called fiscal cliff include an agreement to raise taxes on the wealthiest Americans, warning that a deal would not be reached before the Jan. 1 deadline …

The fiscal cliff would be a bear for all Americans, but it would devastate U.S. cities