Budget Committee

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  Obama abandons stimulus for benefit cut to draw Republicans

  By Mike Dorning, Bloomberg  |  April 8, 2013

  Less than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.

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  Congress clears bill to avoid U.S. government shutdown

  By Brian Faler, Bloomberg  |  March 21, 2013

  Congress gave final approval to legislation to avert a partial government shutdown in a rare example of bipartisan cooperation on federal spending.

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  House Republicans plan vote on three-month debt-limit boost

  By Roxana Tiron and James Rowley, Bloomberg  |  January 18, 2013

  House Republicans plan to vote next week on a three-month extension of U.S. borrowing authority in an effort to force the Democratic-led Senate to adopt a budget plan.

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  Obama brawl with Congress looms as investors unalarmed

  By Mike Dorning, Bloomberg  |  January 4, 2013

  Fresh from one budget fight, President Barack Obama and Congress are heading for an even bigger confrontation over raising the nation’s debt limit.

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  Boehner to push budget ‘plan B’ bill while continuing talks

  By Roxana Tiron and Hans Nichols, Bloomberg  |  December 18, 2012

  House Speaker John Boehner said he will push a budget “plan B” measure that would include tax increases on income of more than $1 million, while continuing to negotiate with President Barack Obama.