According to President Obama, Congress has become mired in negotiations to raise the debt ceiling and trim federal deficits. The way ahead is unclear — every path has hurdles, if not roadblocks, obstructing the way. As Congress …
They say in politics that you know you’ve become a statesman when you’ve been on almost every side of an issue at one time or another. When Washington politicians draw lines in the sand, those lines are almost always …
Late last Sunday morning, House Speaker John Boehner and his No. 2, majority leader Eric Cantor, found themselves in White House Chief of Staff Bill Daley’s West Wing office talking with Treasury Secretary Tim Geithner about …
Moments after the Senate voted to kill House Republicans’ Cut, Cap & Balance plan by a vote of 51-46, Senate Majority Leader Harry Reid took the floor and made a surprise announcement: He will not move to pass legislation to …
The next 96 hours could determine the future of the Republican Party. If the Tea Party is coronating its own third-party candidate next summer, the moment of schism will likely be traced back to this week of debate on raising the …
President Obama and House Speaker John Boehner are close to a deal to cut the deficit and raise the federal borrowing limit, congressional sources say.
Though both sides deny a deal is imminent, congressional Democrats who …
At a White House meeting on July 7 when President Obama told congressional leaders he wanted a grand bargain on deficit reduction, Dick Durbin, the No. 2 Senate Democrat and a member of the bipartisan so-called Gang of Six, began …
Updated, 2:18 p.m.
An ambitious deficit reduction framework crafted by the Senate’s bipartisan Gang of Six earned two key endorsements on Tuesday as President Obama called it “broadly consistent” with what he wants from …
Washington’s debt-ceiling talks have entered a new and desperate phase. With two weeks to go until the U.S. begins to cut government services to avoid defaulting on its credit obligations, negotiators are further apart on a plan …
There is a certain irony in the fact that the two men who spoke the least at White House debt ceiling negotiations over the last week will likely be responsible for forging the path ahead. And like any grand compromise in …
Michael Scherer and I have a story in this week’s dead tree edition peeking inside President Obama and House Speaker John Boehner’s grand bargain talks. They may have failed, but both men should be recognized for striving to do big things in an atmosphere where the lowest common denominator is often the most celebrated. My favorite …
President Obama and House majority leader Eric Cantor engaged in a high-stakes test of wills during Wednesday’s debt-ceiling negotiations at the White House, trading dramatic ultimatums in the most intense round of talks yet. …
Updated
There’s currently a lot of movement on the chess board of Washington’s debt ceiling game, and much of that action has one goal: returning the pieces back to their original positions — the king next to the queen and the pawns all in a row.
Senate Minority Leader Mitch McConnell’s startling proposition on Tuesday that …
