Bloomberg Urges Super Committee To Go Big, Promotes Higher Taxes For All

New York City Mayor Michael Bloomberg called on federal lawmakers Tuesday to seriously address the nation’s debt and deficit by allowing the Bush tax cuts to expire.

As Budget Talks Lag, Obama Summons Congressional Leaders To The White House

President Barack Obama announced Tuesday that he will be inviting Congressional leaders to the White House Thursday with the hope that both parties will agree to a long-term budget compromise.

House Dems Tell GOP "Hands Off My Medicare"

House Minority Leader Nancy Pelosi (D-Calif.) and fellow Democrats spoke out against the deep Medicare cuts contained in the Ryan budget prior to the House’s vote on the GOP plan Friday.

Progressive Dems Speak Out Against Ryan Budget

Members of the Congressional Democratic Caucus spoke out against Rep. Paul Ryan’s FY 2012 budget proposal at a news conference Wednesday.

GOP'ers Want Freeze On Earmarks

Repubican Senators Lindsey Graham (R-S.C.) and John McCain (R-Ariz.) announce their support for a one-year moratorium on earmarks along with a Constitutional Amendment to balance the budget.