President Barack Obama is offering his own long-term debt reduction plan but the White House wants to keep the focus on jobs and is determined to avoid getting dragged into another budget fight with ...

President Obama plans this week to respond to a Republican blueprint for tackling the soaring national debt by promoting a bipartisan approach pioneered by an independent presidential commission ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Listen 4:28 President Obama's State ...

“The president was willing to step forward and put on the table a concrete proposal. Unfortunately, Republicans refused to even consider the possibility of raising some revenue by closing some ...

The national debt has increased under most U.S. presidents. Here is how much each president's time in office added to the U.S ...

WASHINGTON, Jan 30 (Reuters) - A top White House official voiced confidence on Thursday that Republicans would agree in the next few weeks to lift the country's borrowing limit without using the ...