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GOP Leadership Address Budget Deficit Debate
Jonathan Ernst/Getty Images
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Republicans Not Impressed with Obama Budget Plan

 President Obama  proposed a plan to reduce the deficit by $4 trillion over 12 years, made up of a combination of spending cuts and tax increases on the richest Americans, while also slamming a Republican plan recently unveiled by GOP Rep. Paul Ryan.

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Category: National News Tags: ,
Reproductive Rights Activists Hold Stand Up For Women's Health Rally In DC
Brendan Hoffman/Getty Images
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Abortion Back in the Middle — Debate to Avoid Government Shutdown

Republicans and Democrats remained locked in a budget impasse Friday morning, with both sides identifying different sticking points that are preventing a deal to fund the federal government.

With just over 12 hours until the deadline to pass a funding measure or shut the government down, Senate Majority Leader Harry Reid pointed to a quarrel over funding women’s health centers as the reason for the continuing standoff, while House Speaker John Boehner said flatly that only differences over spending levels remain between the two warring sides.

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Republicans Plan to Balance the Budget

The Republican budget proposal will eliminate the national debt while still preserving costly entitlement programs like Medicare and Social Security, Rep. Paul Ryan told CNBC.

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AP/Foxnews.com
AP/Foxnews.com
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Missing Wisconsin Democrats Who Skipped Anti-Union Vote Left the State, Senator Says

The 14 Senate Democrats who are boycotting a vote on a controversial "union-busting" bill have left the state, a Wisconsin state senator said.

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Category: National News Tags: , ,
obama
AP
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Obama Defends Budget Proposal, Says Administration Making ‘Tough Choices’

President Obama called his first solo press conference of the new year Tuesday to defend his $3.7 trillion budget proposal, vowing that the federal government would stop "running up the credit card" while saying he does not want to take a "machete" to federal spending. 

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President Obama Makes Statement On Mubarak's Resignation
Alex Wong/Getty Images
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Obama Sends $3.7 Trillion Budget to Congress [VIDEO]

 

President Obama sent Congress a $3.73 trillion budget Monday, a spending plan for 2012 that projects $1.1 trillion in deficit savings over the next decade but also continues adding to the national debt for years to come. 

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Category: National News Tags: ,

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