President Obama and House Speaker John Boehner again, last night, offered dueling speeches on the negotiations to raise the debt ceiling, which thus far look like a disaster that can only be surpassed ...

The Senate has joined the House in passing the deficit-reduction bill, and President Obama has already signed it. But he called it the result of a "manufactured crisis," and listed a host of actions ...

President Obama said at his press conference Monday that he wouldn't negotiate "ransom" with hostage-taking terrorists, which is how he is construing the House Republicans who are threatening to block ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. It was a confident-sounding President ...

WASHINGTON (AP) President Barack Obama said Sunday that "we need to" work out a debt deal within the next 10 days as he convened a meeting with congressional leaders, aiming to fashion a deficit ...

Senate Majority Leader Sen. Harry Reid, D-Nev., is surrounded by reporters after leaving the office of Senate Minority Leader Sen. Mitch McConnell, R-Ken., on Capitol Hill on Monday, Oct. 14, 2013 in ...

It should come as no surprise that elected officials are lining up to blame the Obama administration for Standard & Poor’s downgrade of the U.S. government’s debt rating for the first time. Suggested ...