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House Set to Vote on $6 Trillion Spending Cut Plan

WASHINGTON -- A bold but politically risky plan to cut trillions of dollars from the federal budget steamed toward a party-line House vote Friday, as insurgent Republicans rallied behind the idea of fundamentally reshaping the government's role in health care for the elderly and the poor. The GOP plan proposes a federal...

Congress Sends Budget Cut Bill to Obama

Congress sent President Barack Obama hard-fought legislation cutting a record $38 billion from domestic spending on Thursday, bestowing bipartisan support on the first major compromise between the White House and newly empowered Republicans in Congress. "Welcome to divided government," said House Speaker John Boehner of...

EPA Survives Despite Budget Cuts [VIDEO]

Head of House GOP Committee Opposes Budget Deal

WASHINGTON -- The head of an influential House Republican panel says he'll oppose the budget deal negotiated by the White House and Congress to avert a government shutdown. Rep. Jim Jordan of Ohio said in a statement Tuesday that while some of his GOP colleagues will support the compromise announced late Friday night, he...

Obama's Debt-Cutting Plan: Everything on the Table

WASHINGTON -- President Barack Obama, plunging into the rancorous struggle over America's mountainous debt, will draw sharp differences with Republicans Wednesday over how to conquer trillions of dollars in spending while somehow working out a compromise to raise some taxes and trim a cherished program like...