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President Obama: Cut spending and raise taxes on the wealthy

Updated: 04/13/2011 - President Barack Obama coupled a call for $4 trillion in long-term deficit reductions with a blistering attack on Republican plans on taxes, Medicare and Medicaid on Wednesday, laying down markers for a roiling debate in Congress and the 2012 presidential campaign to come. You can watch his speech and the Republican response here.

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GOP Senators suggest raising retirement age to 70

Updated: 04/13/2011 - Rand Paul and two other Republican Senators announced a plan today to reform Social Security. The proposal includes raising the retirement age to 70 and cutting some benefits for the wealthy.

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GOP weekly address: Spending cuts must continue

Posted: 04/09/2011 - A top House Republican says the government's spending problem has gotten so bad that the future is uncertain and the nation's ability to create jobs is limited. You can watch the address here.

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Budget deal talking points

Posted: 04/09/2011 - House Speaker John Boehner says it took "a lot of discussion and a long fight," but White House and congressional budget negotiators reached a deal late last night to avoid a government shutdown. You can watch what some of the key players had to say about the agreement here.

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Budget battle blame game

Posted: 04/07/2011 - With a possible government shutdown only hours away, the rhetoric on Capitol Hill is heating up as Republicans and Democrats pull out all the stops in the latest round of the “Blame Game”. You can watch the videos here.

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House Committee Approves 2012 Budget

Posted: 04/07/2011 - The Republican-led House Budget Committee approved a $3.5 trillion budget for 2012 on Wednesday that was hailed by its GOP authors as an end to a federal spending binge but savaged by Democrats as an assault on retirees and the poor.

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President Obama kicks off 2012 Presidential Campaign

Posted: 04/04/2011 - President Barack Obama announced today he will run again for a second term in 2012. His campaign website posted a video and supporters received an email. You can watch the video here

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Soaring gas prices fuel energy debate between Obama and GOP

Updated: 03/30/2011 - President Barack Obama is calling for a one-third reduction in U.S. oil imports by 2025 as part of a broad energy policy that also envisions a shift to cleaner-burning fuels. But Republicans lay the blame for soaring gas prices solely on the shoulder's of the Obama administration.

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McConnell slams Obama over Brazilian oil

Posted: 03/29/2011 - Senate Republican Leader Mitch McConnell is going after President Barack Obama’s comments on oil last week in Brazil. The President said the U.S. wants to be a "major customer" for the huge oil reserves Brazil recently discovered off its coast.

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