Simpson and Bowles offer modified budget plan
The chairmen of President Barack Obama's 2010 fiscal commission are wading back into Washington's budget wars with a revised, somewhat milder plan to ...
Bowles and Simpson offer a modified budget plan
The chairmen of President Barack Obama's 2010 fiscal commission are wading back into Washington's budget wars with a revised, somewhat milder plan to ...

Party intransigence dims hopes for 'grand bargain'
The bipartisan cease-fire that kept the government running this spring gave birth to hopeful talk — among pundits and some senators, at least — of a ...
Top Senate Democrat proposes Social Security panel
The Senate's No. 2 Democrat said Wednesday that he's preparing a plan to create a commission to study Social Security's fiscal problems and send a ...

Gov't finances are improving over the short term
The annual federal budget deficit is sinking out of $1 trillion-plus nosebleed territory where it has hovered for the past four years.

Not much urgency to avoid automatic spending cuts
Ten days before a new deadline for broad, automatic government spending cuts, the sense of urgency that surrounded other recent fiscal crises is ...

Obama presses GOP to halt automatic spending cuts
Staking out his ground ahead of a fiscal deadline, President Barack Obama lashed out against Republicans, saying they are unwilling to raise taxes to ...
Bowles: 'No easy way' to get books back in order
The co-chairman of the U.S. deficit commission calls failure to agree on a plan to reduce the national debt "the most disappointing thing in my life.

Congress OKs cliff deal, signaling future fights
Congress' excruciating, extraordinary New Year's Day approval of a compromise averting a prolonged tumble off the fiscal cliff hands President Barack ...

Boehner: a dealmaker and a survivor in tight spot
It's been just a month on the calendar but seemingly a lifetime in politics since House Speaker John Boehner got a pricey bottle of red wine from ...
$4 trillion no magical cure for debt problem
President Barack Obama has proposed saving more than $4 trillion over the next decade in his "fiscal cliff" talks with Republicans. House Speaker John ...
Correction: People-PSY-Protests story
In a story Dec. 7 about the South Korean rapper PSY, The Associated Press erroneously reported the date of a charity concert where the singer is ...

THE RESET: Other voices in fiscal cliff debate
They don't have a seat at the talks to defuse a year-end fiscal bomb, yet wield considerable influence. They are wise-cracking debt-reduction duo Alan ...
Alan Simpson dances Gangnam Style to urge debt fix
Former U.S. Sen. Alan Simpson is dancing "Gangnam Style" to urge younger Americans to fix the national debt using their social media skills.
Deficit panel's Simpson hits political 'stupidity'
The co-chairman of President Barack Obama's deficit commission is assailing the politics of political brinksmanship surrounding the "fiscal cliff," ...

GOP issues a new 'fiscal cliff' offer to Obama
House Republicans put forth a $2.2 trillion "fiscal cliff" counteroffer to President Barack Obama on Monday, calling for raising the eligibility age ...
INFLUENCE GAME: Election over, campaign continues
The election may be over, but a new campaign is being waged in the nation's capital as lobbyists, advocates and trade groups fight to shape the ...