President Obama attacks the GOP campaign platform and the GOP's budget proposal at a luncheon in Washington.
President Barack Obama launched a major assault Tuesday on the House-passed Republican budget proposal embraced by front-running GOP presidential candidate Mitt Romney, calling it "social Darwinism" that would stifle the American dream.
When Mitt Romney heard he had won Wisconsin's primary -- capping off a trio of victories on Tuesday -- he jumped up and said: "Let's go!"
Mitt Romney thinks a Wisconsin/Maryland/D.C. sweep Tuesday night will set him sailing to the nomination long before the August Republican convention.
Another major conservative figure backs Mitt Romney. His voice joins a growing chorus of major names in the Republican Party calling for the divisive GOP nomination battle to come to an end.
The Republican-controlled House of Representatives on Thursday passed the GOP leadership's 2013 budget plan -- a measure that has no chance of passing the Democratic-controlled Senate but creates a clear contrast between the two parties on a number of critical tax and spending issues ahead of the general election.
The House of Representatives passes the GOP leadership's 2013 budget plan 228-191.
The House has passed the Republican budget plan submitted by Rep. Paul Ryan, but some budget experts believe that he federal government is so far in the red that it may not balance the budget again in our lifetime.
CNN's Erin Burnett talks to Wisconsin Congressman Paul Ryan about the 2013 House GOP budget plan.
This week, Republicans announced their new budget with a highly produced video full of great rhetoric and patriotic music, but one major piece of Americana is missing -- a single mention of the middle class.
Rep. Paul Ryan and the GOP unveil their 2013 budget, citing $5.3 trillion in spending cuts.
Marco Rubio. Chris Christie. Mitch Daniels. Paul Ryan. Say those names, and Republican hearts beat faster.
Congressman Paul Ryan (R-WI) will not support the Stop Online Piracy Act, according to a statement released by his office Monday.
A proposal by Rep. Paul Ryan and Sen. Ron Wyden to allow those who retire in the future to choose between Medicare and private health care insurance for seniors is the latest addition to the drive to increase competition in health care.
The Paul Ryan-Ron Wyden Medicare reform plan is a political game-changer. Amidst heated gridlock in Washington, Rep. Paul Ryan, a conservative budget hawk, and Sen. Ron Wyden, a respected liberal senator, have reached consensus on vital entitlement reform. Medicare is on the track to insolvency; this could be the bipartisan solution.
To hear Paul Ryan explain it, there's just one way to cope with becoming the Democrats' favorite man to hate: "I gave fear up for Lent this year," Ryan told CNN during an extensive interview.
Rep. Paul Ryan has become popular by pushing the unpopular stance on entitlements. CNN's Gloria Borger profiles him.
President Barack Obama will propose a new tax rate for millionaires.
The White House will propose a new tax rate for people earning more than $1 million a year to ensure that they pay at least the same percentage of their earnings in taxes as middle-income Americans, administration and White House officials told CNN on Sunday.
After voting not to increase the debt ceiling, House Republicans comment on their meeting with President Obama.
President Barack Obama told congressional Republicans on Wednesday that entitlement reforms were under discussion as part of a deficit reduction deal.
In a symbolic vote to send a message to budget negotiators, the House on Tuesday defeated a measure to raise the national debt ceiling without any accompanying deficit or spending reduction provisions.
Top Republicans tiptoed their way around the Medicare question Sunday, playing to their conservative base by backing a controversial overhaul proposal while acknowledging they will have to negotiate the issue with Democrats.
When a young GOP Congressman stripped off his shirt, took his picture and e-mailed it to a woman, he did more than end his career -- he set off a political ripple that probably ends prospects for resolving the nation's growing debt crisis before next year's elections.
If Newt Gingrich was planning to send GOP voters a message that he's a different kind of politician who won't just say anything to get elected, he did a horrible job this week of driving that point home.
CNN's Joe Johns reports on why some Republicans are livid at Newt Gingrich -- so angry his candidacy may be in danger.
In the wake of Indiana Gov. Mitch Daniels' decision not to run for the Republican presidential nomination, there is debate among Republican activists about whether the universe of interested candidates will grow or whether it is pretty well set.
The GOP is looking for a new presidential recruit after Mitch Daniels said he won't run. CNN's Candy Crowley has that.
For years, former House Speaker Newt Gingrich was seen as a Republican guiding light. Not only did he show a lot of the party -- and the conservative movement -- how to fight when we were not in the majority (especially in the 1980s and early 1990s), but with his use of language and passion, he showed us how to win majorities.
Now that he's officially out of the race for the GOP presidential nomination in 2012, Mississippi Gov. Haley Barbour is candidly sharing his thoughts on the field of potential candidates.
Republican budget guru Paul Ryan is not backing down.
Indiana Governor Mitch Daniels still hasn't decided whether he's running for president, but he knows time is running out. "I have to make a decision within a few weeks," he said in an exclusive interview with Fortune.
Can Democrats and Republicans agree on terms to increase the amount of money the federal government is allowed to borrow, before Washington defaults on its financial obligations?
Vice President Joe Biden huddled behind closed doors with top congressional budget negotiators Thursday, seeking to bridge a cavernous partisan divide over taxes and spending before the federal government slams into its debt ceiling this summer.
A leading House conservative on Sunday qualified her support for a Republican budget proposal that would overhaul Medicare, saying she was concerned it could hurt senior citizens.
Rep. Paul Ryan reveals the proposed GOP budget aimed at cutting $6.2 trillion in spending over the next decade.
In conversations with Republican strategists and officeholders, the importance of the upcoming election is never understated: Historic, some say. A must-win for the GOP. An election of great consequence for the nation.
Experts Chrystia Freeland and David Frum look at a new report on globalization and the impact on the American middle class.
In the fall of 1984, I was a student living in Boston. A high-tax manufacturing state, Massachusetts had been hit hard by the economic troubles of the 1970s. But now suddenly there were signs in every shop window: "Help wanted." Or: "Help wanted!" Or even: "Help wanted!!!"
The debate over tax reform picked up a lot of steam over the past week, ever since President Barack Obama's speech on April 13 at George Washington University.
The president takes his message of deficit reduction and fiscal responsibility to a town hall meeting in Reno, Nevada.
Politics is serious business -- but not all the time
Corporate America is nervous about the nation's debt problems, and one chief executive warned that the deficit debate in Washington could destabilize the shaky U.S. economy.
This month, leaders from both parties introduced two major plans to cut the nation's long-term debt. But economists don't like either one. In an exclusive CNNMoney survey, eight out of 18 economists polled said they believed neither President Obama's nor Republican Paul Ryan's plans for deficit reduction are in the best interest of the nation's economy.
A budget deal reached last week to avert a government shutdown won approval Thursday from both the House and Senate, sending it to President Barack Obama for his signature.
With his budget speech Wednesday President Obama had an opportunity to reach across the political aisle. He could have proposed a budget plan that focused on the long run, combined needed structural changes to the Big Three entitlement programs -- Social Security, Medicare, and Medicaid -- with the tax increases he wants.
Both the House and Senate OK the budget bill. The president is expected to sign the bill shortly.
In his budget speech yesterday, President Obama showed once again that he is a more masterful politician but less courageous leader than we might have imagined. What that will mean for the country's economic future remains deeply uncertain.
If Ben Bernanke goes to sleep at night cursing the names of Barack Obama and Paul Ryan, you can hardly blame him. The Federal Reserve chairman's job has just gotten a lot tougher.
Republican congressional leaders express disappointment after the president rolls out his debt reduction plan.
In his speech on our nation's long-term budget crisis Wednesday, President Barack Obama identified the problem, but he failed to provide concrete solutions.
President Barack Obama unveiled his long-awaited deficit reduction plan Wednesday, calling for a mix of spending reductions and tax hikes that the White House claims would cut federal deficits by $4 trillion over the next 12 years without gutting popular programs such as Medicare and Medicaid.
Our nation faces the most predictable economic crisis in its history. Spending is rising rapidly, and revenues are failing to keep pace. As a result, the federal government is forced to borrow huge sums each year to make up the difference. If not addressed, burgeoning deficits will eventually lead to a fiscal crisis, at which point the world's financial markets will force decisions upon us.
Despite a weak economic recovery and persistent, unacceptably high unemployment, Washington is prematurely pivoting from job creation to deficit reduction. Worse yet, many of the budget proposals flooding Washington are nothing but reverse Robin Hood plans to redistribute wealth from working families to the most privileged among us.
President Obama on Wednesday presented his debt-reduction plan, which he says will slash $4 trillion from the debt over 12 years. Republicans, in their plan unveiled last week, say they'll cut $4.4 trillion over a decade.
Republican leaders react to the president's proposal to raise the debt ceiling and the rollback of Bush-era tax cuts.
In Wednesday's speech, President Obama, in what now has become his classic style, tried to thread the needle.
In many ways, the debate over taming the nation's spending and deficit beasts can be compared to a family's hand-wringing over what to cut, and what to keep, in tough times. It may be easy to nix "luxuries" like vacations and eating out. But should "essentials" like a car or a home be downsized or gotten rid of to save money?
At first, I was taken in myself. I heard that U.S. Rep. Paul Ryan's bold attack on the deficit would reduce federal spending by some $4 trillion.
Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation.
Fresh off last-minute budget negotiations that averted a partial government shutdown, President Barack Obama this week will lay out his plan for long-term deficit reduction demanded by conservatives.
House Budget Chairman Paul Ryan's 2012 budget resolution turned the floodlights on Medicare, the health care program for seniors that is projected to take increasingly bigger bites out of the federal budget in the coming decades.
This week, U.S. Rep. Paul Ryan unveiled his "Path to Prosperity" budget proposal and made some bold claims about what it would do. He said it would bring spending and the deficit under control while stimulating the economy to recover from the recession with amazing speed.
If life (and politics) sometimes seems stuck in the ninth grade, the recent gyrations between the White House and congressional Republicans is a perfect case in point. The topic: averting a government shutdown. The meeting: on Capitol Hill between House GOPers and Senate Democrats.
CNN's Senior Political Analyst Gloria Borger shares insight into the federal government's battle over budget cuts.
Republicans have always hated Medicare, but most Americans have always loved it. Now, led by Rep. Paul Ryan, the Republicans are trying to kill it once and for all.
House Democrats speak out against Rep. Paul Ryan's "path to prosperity" GOP budget.
The budget proposal introduced Tuesday by the Republican chairman of the House Budget Committee, Paul Ryan, is potentially a turning point for the federal government and for American culture.
Good news: The budget proposal unveiled Tuesday by House Republicans would dramatically reduce the country's long-term debt.
Paul Ryan is a budget cutting machine. His ambitious new proposal tackles Medicaid, Medicare, long-term debt and short-term spending.
Cut spending by $6 trillion over the next decade. Lower the highest tax rate to 25%. Radically overhaul Medicare and Medicaid.
House Budget Chairman Paul Ryan on Tuesday will release the House GOP's 2012 budget proposal -- the first real indication of how House Republicans want to tackle the country's long-term budget shortfalls.
This week may -- just may -- mark the end of the often crazed debate about how much spending should be cut from the federal budget over the next six months.
House Budget Chairman Paul Ryan said Sunday he will unveil a Republican budget for 2012 this week that proposes dramatic changes to Medicare, Medicaid and other political lightning rods.
Congress is facing a busy couple of weeks. Really busy.
In a small conference room deep inside the Capitol, House Budget Chairman Paul Ryan could be mistaken for a traveling salesman at a business meeting.
Rep. Paul Ryan, a Wisconsin Republican, talks budget deficit projections with other members of Congress.
The more federal spending Congress slashes this year, the greater the potential drag on economic growth, according to a new analysis from Goldman Sachs.
Embattled Republican Gov. Scott Walker fired back at opponents of a budget bill that would increase the costs of benefits to public employees and curb their collective bargaining rights, describing in a written statement how current agreements give too much power to unions.
Democrats in Wisconsin's State Senate remain out of town as Republicans get back to work today.
Leading Republicans and Democrats on Sunday signaled a desire for compromise on a short-term spending resolution to keep the government running while more substantive talks on budget cuts take place.
As President Obama prepared to defend next year's budget, House Republicans on Tuesday began swinging an ax at the current year's budget, which lawmakers have yet to pass.
The top budget chiefs from both political parties criticized President Obama's 2012 budget Monday.
Facing off against some of his toughest critics on Capitol Hill Wednesday, Federal Reserve Chairman Ben Bernanke told lawmakers they need a "credible program" to reduce the nation's growing deficit.
Rep. Paul Ryan, the Republican Party's resident budget wonk, slammed the economic policies of the Obama administration Tuesday night, and made the case that Republicans can do better.
Rep. Paul Ryan, R-Wisconsin, delivered the official Republican Party response to President Obama's State of the Union speech on Tuesday night. Here is a transcript of Ryan's speech.
Rep. Paul Ryan of Wisconsin gives the Republican response to the 2011 State of the Union address.
The Republican Party's response to President Barack Obama's annual message to Congress was laced with dire warnings about presidential profligacy that would leave Americans with a "crushing burden of debt."
President Obama has invited Republicans and Democrats in Congress to a meeting to discuss how "to move the American people's agenda forward," but analyst Fareed Zakaria says he sees little prospect the two sides will reach a compromise on key economic issues.
Two of the most important figures to emerge if Republicans take over the U.S. House aren't on election-day watch lists: Paul Ryan of Wisconsin and Darrell Issa of California.
Last Saturday, I got a crackling cell phone call from Republican Congressman Paul Ryan, who was hanging drywall at his Victorian home in Janesville, Wisconsin. I'd found that Ryan a had knack for foreseeing unpredictable twists in economic legislation and wanted to chat with him about what he's seeing now.
Congress must craft a credible plan soon to bring spending in line with revenue to close the unsustainable fiscal gap threatening the economy, key policymakers urged Tuesday.
Even with the Democrats playing defense as President Obama enters his second year in office, his Republican opponents face a fundamental problem going into the midterm elections: How do they champion a vibrant free market?
On the eve of President Barack Obama's winter health-care summit, Rep. Paul Ryan is dining at Talay Thai, a no-frills restaurant with metal chairs and Formica tables. On this frigid evening, Ryan strolled coatless to Talay -- "I'm from Wisconsin!" he says -- from his cramped Capitol Hill office, where tonight, as on most nights, he'll sleep on a cot.
Normally Paul Krugman, the liberal pundit and Nobel laureate in economics, and Paul Ryan, a conservative Republican congressman from Wisconsin, share little in common except their first names and a scorching passion for views they champion from opposite political poles. So when the two combatants agree on a fundamental threat to the U.S. economy, Americans should heed this alarm as the real thing. What's worrying both Krugman and Ryan is the rapid increase in the federal debt - not so much the stimulus-driven rise to mountainous levels in the next few years, but the huge structural deficits that, under all projections, keep building the burden far into the future to unsustainable, ruinous heights. "The long-term outlook remains worrying," warned Krugman in his New York Times column. Krugman strongly supports President Obama's spending plans but bemoans the shortfall in taxes to pay for them.
House Republican leaders have asked for a meeting with President Obama on Thursday to offer major changes to the $825 billion economic recovery package urged by the president and proposed by House Democrats last week.
A specter is haunting the House of Representatives -- the specter of reforming the flawed budget process.
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