If the political chatter out of Washington on Sunday is any indication, the prospects for Congress reaching a major deficit reduction deal this year appear grim.
President Obama gave a boost Tuesday to a bipartisan Senate plan to slash the nation's debt by about $3.7 trillion over the next ten years.
CNN's John King takes a close look at two scenarios for prioritizing federal dollars if the debt ceiling isn't raised.
An escalating national debate on federal deficits and government spending focused Sunday on the upcoming deadline for Congress to increase the amount of money that the United States can borrow.
Georgia Republican Rep. Tom Price talks about Congressional budget negotiations with AM's Ali Velshi.
Top senators said Sunday that they believe Congress will reach a deal to avoid a government shutdown this week, but there was little consensus on two larger budget battles looming in coming months.
As lawmakers continued to butt heads over how much spending should be cut over the next seven months, a few senators on Tuesday were trying to keep the focus where they think it belongs -- the next several decades.
The push to come up with a plan to reduce national debt got a bipartisan bear hug in the Senate on Tuesday.
With the enactment of an $858 billion tax cut and stimulus package last week, it may seem as if those calling for deficit reduction are spitting into the wind.
CNN's Joe Johns asks Sens. John Cornyn and Mark Warner what items they'd look at to cut the nation's deficit.
The fate of President Obama's latest proposal to rein in banks was thrown into doubt on Tuesday after it got a chilly reception from key lawmakers.
One day after Goldman Sachs' CEO apologized for his bank's role in the financial meltdown, Treasury Secretary Tim Geithner called on the nation's financiers to step up and do more to fix the damage they helped cause.
Virginia hasn't backed a Democrat for president in 44 years, but economic concerns and changing demographics are giving Sen. Barack Obama a chance to steal the once reliably red state from Republicans.
Sen. Hillary Clinton introduced herself as a "proud supporter of Barack Obama" at the Democratic National Convention on Tuesday as she called on her party to rally behind her former rival.
Mark Warner tells the convention crowd that electing Sen. John McCain would be like re-electing President Bush.
Former Virginia Gov. Mark Warner delivered the keynote address Tuesday night at the Democratic National Convention in Denver, Colorado. Here is a transcript:
Mark Warner tells Democrats in Denver that he believes that this is 'the most important contest of our generation.'
Former Virginia Gov. Mark Warner told the Democratic National Convention that the most important race facing the country is the "race for the future ... and it won't be won with a president who is stuck in the past."
CNN's Paul Steinhauser explains why the addition of Mark Warner as a DNC keynote speaker is important.
Former Virginia Gov. and Senate candidate Mark Warner will deliver a keynote address at the Democratic National Convention this month.
CNN special correspondent Frank Sesno says Sen. Barack Obama is a symbol of progress and change.
Sen. Barack Obama, the presumptive Democratic nominee, kicked off his general election campaign Thursday with stops in Virginia, signaling that he thinks he can turn the once solidly red state into a Democratic pickup come November.
It's Election Day 2007, but the earlier-than-ever starts of the presidential and congressional campaigns have overshadowed this year's races. Still, some contests are worth watching.
CNN's Abbi Tatton reports on the former Republican House Speaker's foray into the 3-D online world Second Life.
Recently, on George Allen's new Web site, GeorgeAllen.com, the former Republican senator from Virginia listed some words of wisdom from legendary college football coaches like Knut Rockne and Woody Hayes.
It may not grab the headlines like the race for the White House, but the battle for the Senate is heating up.
Former Virginia Gov. Mark Warner, a Democrat, announced his candidacy for the U.S. Senate Thursday with a new campaign Web site and a YouTube video.
It appears we could have another bitter Senate battle in Virginia next year.
Sen. Chuck Hagel's announcement Monday that he won't seek another term makes the Republican Party's already tough task of trying to take back the Senate in 2008 even tougher.
Sen. John Warner, R-Virginia -- the respected former Navy secretary and outspoken critic of the current state of affairs in Iraq -- will not seek re-election to a sixth term, he announced Friday.
Warner: I will still speak out
Sen. Barack Obama said Sunday that he may run for president in 2008, despite previous assertions that he would complete his current six-year senatorial term, which ends in 2011.
Former Virginia Gov. Mark Warner will not seek the Democratic presidential nomination for 2008, he said in a statement on his political action committee Web site, explaining he wanted "a real life."
When is a Senate race more than just a Senate race? When Democrats think they can score a trifecta by beating a Republican incumbent in the South, hobbling him as a possible presidential candidate and boosting the fortunes of one of their White House wannabes. That's the weighty challenge for novice politician Jim Webb, a decorated Vietnam vet and a senior Pentagon official under Ronald Reagan who is challenging Republican Senator George Allen in Virginia.
With more than two years and 10 months until the next presidential election, some potential 2008 Democratic hopefuls aren't wasting anytime wooing voters.
When it comes to raw political talent, there's not a Bill Clinton in this group. But these are the rainy days. And charisma doesn't keep you dry. A roof does. Meet the hardest-working carpenters.
The good news for John Kerry is that he didn't pull an Al Gore.
Fortune: The great Dem hope?updated: Mon Jan 10 2005 00:01:00
SITTING ACROSS FROM MARK WARNER ON TINY cafeteria stools at the Samuel Tucker Elementary School in Alexandria, I pop the question that everyone has been asking the Virginia governor since, oh, abou...
President Bush's compassion tour takes him to a Baptist church in Philly today, where he talks about (quoting here) "Compassion and HIV/AIDS." Bush's 10:25 a.m. ET speech at the Greater Baptist Exodus Church, a largely black congregation, comes as he simultaneously tends to his must-win conservative base this week with a stepped-up call to ban same-sex marriage.
Check out the links below to hot political stories around the country this morning.
Ruby Jean and Tolbert Moore, owners of Santa Rosa Beauty College, were winners in one of the richest lotteries ever held. So, as part of a syndicate, was Ernest Borgnine, the actor. In the lottery,...
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