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Breaking Bread to Fix the Nation's Debt

After dining with a group of Republican senators, U.S. President Barack Obama on Thursday will have lunch with the top Republican and Democrat on the House of Representatives Budget Committee in a bid to bridge differences on the nation's pressing fiscal issues.The president will have lunch with Republican chairman Paul Ryan of Wisconsin and Chris Van Hollen of Maryland, the committee's top Democrat, congressional and White House sources said. Thursday's meeting will follow days of outreach by Obama, who dined with a dozen Republican senators on Wednesday and made a series of telephone calls to various members of Congress earlier in the week after across-the-board budget cut known as the ``sequester'' kicked in. At issue is the stalemate over the U.S. budget and how to rein in growth of the $16.7 trillion federal debt. Obama and fellow Democrats want to narrow the fiscal gap with spending cuts and tax increases, while Republicans oppose raising taxes and want to do it all with cuts.Rep...

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  1. Sen. Coats on Why Debt Deal Didn’t Go Far Enough

    Sen . Dan Coats , (R-Ind.), on why he voted against the debt-ceiling bill.

  2. Countdown to National Debt Default is Ticking Away

    Republicans will not get behind tax hike

  3. Sen. Coats: Increased Taxes Won’t Balance Budget

    Sen . Dan Coats , (R-Ind.), on the need to cut government spending.

  4. Grapevine: Administration Policy or Politics?

    Was meeting at White House really a fundraiser?

  5. Why Should Oil Industry Get Tax Breaks?

    Sen. Mark Begich on keeping subsidies

  6. Senator Coats ’ Lobbying Connections Under Scrutiny

    The Washington Examiner’s Tim Carney on why former Senator Dan Coats ’s lobbying connections may hurt his attempts to regain his position on Capitol Hill.

  7. Are Social Conservatives Socialists?

    Andy Levy on social conservative's mixed messages

  8. Impact of Bayh's Decision

    How will Indiana Democrat's decision not to seek reelection affect the Senate?

  9. Fallout From Sen. Bayh's Resignation

    'All-Star' panel on what the Democrat leaving public office means for politics

  10. Strategy Session

    Shane D'Aprile talks about the latest political news

  11. Tea Party Power

    How the movement has moved to a place of influence in Republican politics

  12. Dems Embracing Guns

    Democratic candidates in key states are embracing gun owners' rights

  1. The politics of sequestration

    Sen . Dan Coats weighs in

  2. House, Senate pass tax holiday extension

    Reaction to deal on Capitol Hill

  3. Pressured Iran 'more willing' attack US?

    Amb. John Bolton breaks down disturbing testimony by U.S. intel chief

  4. Sen. Coats on Efforts to Investigate DOE Loan to Severstal

    Sen . Dan Coats , (R-Ind.), on why the Dept. of Energy loan to Severstal should be investigated.

  5. Tax Reform Must Stay Focused

    How can the tax code reflect today's needs?

  6. Senator Wyden: Repeal foreign profit tax break

    By Kevin DrawbaughAmong his recommendations are slashing the corporate income tax rate, repealing a law that lets companies put off paying taxes on overseas income, ...

  7. NetLogic CEO: We Can Still Grow in Slow Economy

    Ronald Jankov, NetLogic CEO, on his business' growth and market performance.

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