Congress, Federal Spending | featured news

A key Republican leader assured Sunday that a congressional supercommittee will reach agreement on $1.5 trillion in cuts in government spending by next month's deadline and avert deep automatic measures.

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.

President Barack Obama is sending Congress a $3.73 trillion spending blueprint that pledges $1.1 trillion in deficit savings over the next decade through spending cuts and tax increases.

Republicans now running the House are barely touching Congress' generous own budget even as they take a cleaver to many domestic agencies....

Senate Republicans intend to block virtually all Democratic-backed legislation unrelated to tax cuts and government spending in Congress' postelection session, officials sayGOP Softens Stance on STARTObama Faces Pay Freeze BacklashBipartisan Panel to Negotiate Ta

President Obama wants more control over the country's budget, and plans to ask Congress for it this week.