WASHINGTON (AP) — Feisty and cagey, ex-President Richard Nixon defended his shredded legacy and shady Watergate-era actions in grand jury testimony that he thought would never come out. On Thursday, it did.
WASHINGTON — Grasping for a deal on the nation’s debt, President Barack Obama and congressional leaders remained divided Sunday over the size and the components of a plan to reduce long term deficits. Saying “we need to” work out an agreement over the next 10 days, the president and lawmakers agreed to meet again Monday.
WASHINGTON (AP) — Under an urgent deadline, President Barack Obama and congressional negotiators set their sights on the nation’s tax system and cherished benefit programs Thursday in hopes of striking a massive budget deal to raise the nation’s debt ceiling. Obama said the two sides were still far apart and called everyone back to the White House on Sunday.
WASHINGTON (AP) — President Barack Obama prodded Congress Tuesday to reach a sweeping long-term deal within two weeks to raise the nation’s borrowing limit rather than “kick the can down the road” with a makeshift, short-term solution to stave off a first-ever U.S. default. And he declared the agreement must include the tax hikes Republicans strongly oppose.
Facing a dire warning from a credit rating agency, the Obama administration lobbied some of Congress’ most conservative members Thursday for an increase in the nation’s debt limit. Republicans responded that the surest way to reassure financial markets was to enact deep deficit cuts.