WHITE HOUSE

At Issue: U.S. Debt Talks

Will Sunday Be 'Debt Deal Day' for Nation?

After two weeks of acrimony, Democrats and Republicans, perhaps after having stared into the abyss, returned to the bargaining table Saturday. Still, no one will believe the issue has been resolved until President Barack Obama signs a bill that raises the debt ceiling and cuts the budget deficit.

Top Republicans Confident of Debt Deal with Obama

U.S. President Barack Obama
Top congressional Republicans said on Saturday they were in serious talks with President Barack Obama to break a U.S. debt limit deadlock and were confident the risk of default by the world's largest economy could be avoided.
White House

White House Supports Bill Lifting Debt Limit to 2013

The White House said on Saturday it "strongly supports" a bill being considered in the House of Representatives that incorporates both Democratic and Republican ideas and would raise the debt limit to early 2013.
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Senate Majority Leader Harry Reid speaks at a news conference in Washington

Democrats try to break debt impasse

Senate Democrats aimed to seize the initiative in efforts to head off a ruinous debt default by pushing their deficit-cutting plan on Saturday toward a possible compromise with a divided Republican Party.
For Discussion: U.S. Leadership

What Would Harry Truman Do to Solve the Debt Crisis?

He is the author of "The buck stops here." And: "If you can't stand the heat, get out of the kitchen!" And: "If you want a friend in Washington, get a dog." Sounds like the perfect person to solve the U.S.'s seemingly intractable debt deal crisis.
PRESIDENT NIXON

Nixon?s Secret Watergate Testimony to be Released: Judge

A Federal Judge on Friday ordered the release of the transcripts of the 36-year-old secret testimony that former President Nixon gave to the grand jury following the infamous Watergate scandal. The transcripts will enable historians and scholars to gauge the extent of Nixon's role in the affair - a subject of popular speculation.
President Barack Obama

Pending Debt Ceiling Vote, Obama urges compromise

With four days left before the United States hits its debt limit, Republicans pressed ahead with a deficit plan that cannot pass Congress and President Barack Obama told lawmakers to stop wasting time and find a way "out of this mess."
President Barack Obama

Obama Makes Urgent Plea for Compromise on Debt Ceiling

In an eleventh hour plea for political compromise, as the Aug 2. debt ceiling deadline inches closer, President Barack Obama urged Congress to avoid a government default by finding a bipartisan solution. On Friday, he said he was ready to work with top Democrats and Republicans through the weekend to reach one.
For Discussion: U.S. Leadership

Debt Talks: America?s Calling, Harry Truman

A do-nothing U.S. House and a president whose political base is starting to wonder what he stands for. Yes, the debt deal impasse is revealing a crisis of leadership in Washington. It?s as if the U.S.?s highest elected officials have forgotten what?s important. Former President Harry S. Truman always knew. And he led.
U.S. President Barack Obama participates in a town hall meeting at the University of Maryland in College Park

Obama losing sleep as debt deal goes down to wire

President Barack Obama is deeply involved in trying to win a debt deal and his White House was working flat out, aides said, pushing back against any impression Congress had sidelined the administration.
At Issue: U.S. Debt Ceiling

Boehner, Reid No Closer to Debt Deal As Clock Ticks

With less than five days until a U.S. Government default, incredibly, neither House Speaker John Boehner, R-Ohio, nor Senate Majority Leader Harry Reid, D-Nev., has a bill capable of attracting the bipartisan support needed to raise the debt ceiling. And understandably, financial markets are getting more nervous by the day.
House Speaker John Boehner departs the Republican caucus meeting on Capitol Hill in Washington

Republicans Race to Revive Debt Plan

Republican leaders will scramble to rescue their budget deficit-cutting plan on Friday after conservatives mounted a rebellion that heaped uncertainty on efforts to avert a catastrophic debt default.
The U.S. Capitol Dome is lit after the first significant snowfall of the season as the House of Representatives worked late into the evening to pass the $858 billion package of renewed tax cuts and more unemployment benefits in Washington

Republican rebels force new delay in debt crisis

Urgent efforts to avoid an unprecedented U.S. debt default suffered a new blow on Thursday when some fiscally hardline Republicans blocked a budget deficit plan proposed by their own congressional leaders.
Speaker of the House John Boehner spekas during a news conference on Capitol Hill

Vote delayed on debt bill as default date looms

A Republican deficit reduction plan headed for two major votes in Congress on Thursday and its expected demise could force a compromise to avert an imminent and unprecedented debt default.
Republican presidential candidate and former Massachusetts Governor Mitt Romney greets voters during a campaign stop in Los Angeles, California

Analysis: Rick Perry run would test Romney's mettle

Republican presidential front-runner Mitt Romney has been on a glide path toward the 2012 primary elections, serving up a steady diet of soundbites and campaign material attacking President Barack Obama on jobs and the economy.
At Issue: U.S. Health Care Policy

Health Care Spending to Consume One-Fifth of GDP in 2020

A government analysis predicted that spending on health care will steadily increases over the next decade, a projection that the White House said vindicated the Affordable Care Act because, despite a large increase in those with health insurance, the increase would be only slightly affected by the new health care law.

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