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Deficit-Reduction

republican democrat congress

Official: Dems Reject Latest GOP Offer

A congressional official says Democrats on the deficit-cutting supercommittee have rejected a last-ditch offer from the Republicans that would curb deficits by $545 billion over the next decade.

11/18/2011

(Credit: AP)

Democrats, Republicans Far Apart On Deficit Deal

As the nation’s debt soared past $15 trillion, congressional Republicans and Democrats approached stalemate Wednesday in a yearlong assault on federal deficits, stymied still by politically charged disagreements over taxes and the future of enormously expensive government benefit programs.

11/16/2011

debt

Top Democrats Positive About Gang of 6 Debt Plan

Top House Democrats are making positive but cautious comments about a deficit-reduction proposal by a bipartisan group of senators called the Gang of Six.

07/20/2011

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