WASHINGTON — Republicans controlling the House are eying big cuts to food stamps as they piece together legislation to trim $261 billion from the federal budget over the next decade, hoping to forestall major Pentagon cutbacks.
COLUMBUS — The chairman of the Ohio Democratic Party on Wednesday handily beat back a challenge to unseat him in a party squabble with implications for this fall’s presidential election in a critical swing state.
WASHINGTON (AP) — House Republicans on Thursday caved to demands by President Barack Obama, congressional Democrats and fellow Republicans for a short-term renewal of payroll tax cuts for all workers. The breakthrough almost certainly spares workers an average $20 a week tax increase Jan. 1.
WASHINGTON (AP) — Careening toward a politically toxic tax hike, President Barack Obama implored House Speaker John Boehner on Wednesday to get behind a two-month stopgap until a longer deal could be struck early next year, calling it the only real way out of a mess that is threatening the paychecks of 160 million workers and isolating House Republicans.
WASHINGTON (AP) — Top House Republicans rebelled Sunday against a bipartisan, Senate-approved bill extending payroll tax cuts and jobless benefits for two months.
WASHINGTON — Even as a recent good-faith swap of offers showed a narrowing of differences over taxes, a special deficit-cutting “supercommittee” seems to have hit a major snag just two weeks before its deadline. The two sides can’t even agree on who should make the next move after an exchange of plans Monday night in which Democrats scaled back their demands on taxes even as Republicans for the first time offered higher tax revenues as part of a plan to cut deficits by $1.5 trillion over the coming decade.
WASHINGTON — Breaking with party orthodoxy, 40 House Republicans urged Congress’ supercommittee on Wednesday to consider all options for raising revenue as they hunt for ways to trim the gargantuan $14.8 trillion national debt.
WASHINGTON — The Senate weighed on Monday whether to punish China for undervaluing its currency and taking away American jobs. At issue is whether legislation would boost the American economy, as its supporters argue, or initiate a damaging trade war with a major partner.