Report: GOP tax plans add to debt, favor rich
Study finds tax plans from Mitt Romney, Newt Gingrich and Rick Perry would favor millionaires, add to national debt
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Study finds tax plans from Mitt Romney, Newt Gingrich and Rick Perry would favor millionaires, add to national debt
Under terms of August debt limit deal, Congress will have 15 days to disapprove or U.S. will be able to borrow another $1.2 trillion
Cuts triggered by Congress failing to cut budget will reduce defense spending by $1 trillion during next decade
Agency says current credit rating is based on expectation that automatic spending cuts will take effect in January 2013
Citing inability to bridge "significant differences," bipartisan committee says they are unable to reach agreement to cut deficit by $1.2T
After supercommittee admits failure, Obama says $1.2T in cuts will happen "one way or another," warns "there will be no easy off ramps"
After supercommittee announced it would not be able to reach deficit reduction deal, some lawmakers say they want triggers changed
Dow closes down 249 points as information that supercommittee will not solve budget deficit seems plausible; S&P, Nasdaq lose about 2 percent
Committee members meet in last-ditch effort to reach deficit agreement - but aides say prospects of a deal are slim
Hope for $1.2T in deficit reductions appears exhausted; Debt panel likely to acknowledge defeat
Senior senators who forged deal to trigger sweeping cuts if debt supercommittee fails now laying groundwork for a retreat
On the Sunday talk shows, supercommittee members seemed resigned to their missed opportunity
Republican Senator says it's "still possible" for supercommittee to reach deal but that "time is short now"
West Virginia Dem says supercommittee must "step aside" if they can't make a deal, pushes for re-introduction of Bowles-Simpson plan
Supercommittee members blame each other as stalemate over deficit reduction plan continues
Transcript of CBS News broadcast hosted by Bob Schieffer
Congress will have to either massively increase nation's debt, or cut jobless aid for millions if supercommittee fails
National Journal's Mark Ambinder, Politico's Jonathan Martin and Time Magazine's Michael Sherer discuss Newt Gingrich with CBS News Political Director John Dickerson
Public debt crosses $15 trillion milestone; Herman Cain blasts Obama's "immoral" spending policies
Both Democrats and Republicans call on the other side to act in order to reach deal before Thanksgiving deadline
House Speaker breaks with past insistence that tax increases are off the table in supercommittee negotiations
President Obama phoned both Sen. Patty Murray and Rep. Jeb Hensarling and urged them to reach a deal
Rep. Xavier Becerra tells Nancy Cordes distance remains between Democratic and Republican proposals
CBSNews.com takes a look back at 70 years of debt, spending and default in the U.S. budget
More than 200,000 gather in Oslo to show support for victims of bomb and gun violence