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CNNMoney: On tackling debt: Some say 'Just do it'

Left to their own devices, lawmakers won't successfully deal with the country's spiraling debt situation. That's the opinion of some key members agitating for a special commission to force the hand of Congress.

Democrats face health care hang-ups within their own party

As Democrats put together the framework for sweeping health care legislation, lawmakers are running into competing demands within their own party.

Republicans rip Obama for insufficient budget cuts

Republican congressional leaders tore into President Obama's proposed 2010 budget Thursday, arguing that his spending cuts will do little to stem a rising tide of red ink.

Commentary: Budget a 'clear and present danger' to our kids

Throughout our history, each generation made sacrifices to better the lives of the next generation. Part of the American dream has included passing on to your children hope for the future and the possibility of prosperity.

Budget moves through Senate committee

A tightened version of President Obama's $3.6 trillion budget moved through a key Senate committee Thursday night.

Obama goes to Capitol to lobby Democrats on budget

President Obama huddled with Senate Democrats on Capitol Hill Wednesday as the White House fought to save major domestic priorities in its record $3.6 trillion budget from the congressional budget ax.

CNNMoney: Budget: Now it's Congress' turn

The fight on Capitol Hill over next year's federal budget begins in earnest on Wednesday, when the Senate and House Budget Committees will debate just how much they want to spend and tax in 2010.

Senate Dems propose cutting Obama budget by billions

Hours before President Obama was to hold a prime time news conference -- in part to boost his $3.6 trillion budget plan -- a key Democratic senator Tuesday unveiled a scaled-down budget proposal.

CNNMoney: Deficit estimate: Up to $1.85 trillion

The U.S. budget deficit in 2009 is projected to spike to between $1.67 trillion and $1.85 trillion, according to estimates released Friday by the Congressional Budget Office.

Bonus tax not the answer, some say

The Senate is taking up a controversial bill that would impose a hefty tax on bonuses paid out by companies propped up by taxpayer money.

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