budget

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 th

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.

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

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.

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.