House Of Representatives, Spending Cuts | featured news

In advance of Thursday’s White House meeting to resolve the stalemate in the debt talks, we've learned that Obama and Speaker Boehner share a goal to prove they can get a 'big' deal done.

The Senate majority leader says budget reductions must be accompanied by tax reform. He predicts that negotiations on the nation's debt limit will drag until the 11th hour. Senate Majority Leader Harry Reid (D-Nev.) says tax loopholes must be addressed ...

The House speaker takes a hard line on increasing the nation's borrowing limit. A top Democrat says he's 'playing with fire.' House Speaker John A. Boehner said Monday that Republicans wanted trillions in budget cuts in exchange for their vote to increase the nation's borrowing limit and avoid default, adopting a hard line on the party's position in a speech before major players on Wall Street.

President Obama's deficit-reduction plan “falls short” of targets set by House Republicans and Obama's own fiscal commission and would be unlikely to stabilize borrowing, according to a new independent ...

The Democratic-run US Senate defeated measures approved by the Republican-run House to bar spending government funds for the health-care overhaul law and Planned Parenthood.

In the run-up to a vote, Speaker John Boehner predicted Thursday a $38 billion package of spending cuts would clear the House with a bipartisan majority and said it marks a first step in a longer Republican campaign to rein in federal deficits

Sometimes in politics and legislation, whether you win is less important than how you win....

The House passed the second stopgap spending measure this month, funding the government for three more weeks while cutting $6 billion.

In a bipartisan vote of 335 to 91, Congress passed a measure that cuts $4 billion in federal spending, but it is good only until March 18.

The proposed reductions fall short of the $100 billion in cuts Republicans campaigned for last fall but represent substantial hits to various programs including law enforcement, NASA, the EPA and arts funds.