Obama: Not the deal I would've preferred

CBS News chief White House correspondent Norah O'Donnell reports on the details of the debt ceiling deal and what the president had to give up to get it.

• Aug 1, 2011
• 2:24

Hoyer on debt deal: It does provide a way forward

Erica Hill talks to House Minority Whip, Rep. Steny Hoyer (D-Md.) about the debt ceiling agreement and the opposition it faces from Democrats.

• Aug 1, 2011
• 3:59

Debt ceiling deal: What's it all about?

CBS News Congressional correspondent Nancy Cordes reports from Capitol Hill and explains what's in the debt ceiling deal.

• Aug 1, 2011
• 2:13

Possible defense cuts: McCain would "swallow hard"

Erica Hill talks to Sen. John McCain (R-Ariz.) about the debt ceiling deal and the compromises involved.

• Aug 1, 2011
• 3:33

Plouffe: "These were tough negotiations"

Erica Hill talks to White House Senior Adviser David Plouffe, about the debt ceiling deal.

• Aug 1, 2011
• 3:00

Reid gives approval on debt deal

Democratic leader Harry Reid gave his approval on a debt deal and senators were told to stay close for a possible vote. Nancy Cordes reports on the latest details.

• Jul 31, 2011
• 3:21

Obama back at center of debt negotiations

President Obama is back at the center of negotiations to cut a debt limit deal before the Aug. 2 deadline. Bill Plante reports on Mr. Obama's position in the ongoing budget battle.

• Jul 31, 2011
• 2:01

Schumer: Equal cuts decisive in debt deal

Sen. Charles Schumer (D-NY) spoke with Bob Scheiffer on the chances democrats will pass the debt deal the GOP is working on with the White House.

• Jul 31, 2011
• 8:43

Ben Stein blames debt crisis on careless people

Ben Stein puts the blame of the debt ceiling crisis on "a stupendous pileup of immensely careless people who have been heading for trouble for a decade now."

• Jul 31, 2011
• 2:19

McConnell: Debt deal within reach

Senate Minority Leader Mitch McConnell (R-Ky.) spoke with Bob Schieffer on how a deal between the White House and the GOP to raise the U.S. debt ceiling is in the works and very close to completion.

• Jul 31, 2011
• 11:10

Who get's paid if U.S. defaults?

For every dollar America owes, it only brings in 60 cents. That means 40 percent of the bills wouldn't get paid if the U.S. goes into default. So, who would still get paid and who would be out of luck? Sharyl Attkisson reports.

• Jul 30, 2011
• 2:16

In Focus: America's financial fallout

Russ Mitchell speaks with Sean Egan, founding principal of independent credit rating firm Egan-Jones, about America's financial fallout and the economic outlook going forward.

• Jul 30, 2011
• 1:50

McConnell "confident" in bipartisan debt deal

In the first positive sign in many days, Republican Senate Leader Mitch McConnell said he had spoken to the president and the vice president and that he was "confident" that a bipartisan debt deal was close at hand, reports Nancy Cordes.

• Jul 30, 2011
• 3:25

House freshman GOP explain their debt stance

In Full: CBS News political correspondent Jan Crawford interviews four freshman Republican Representatives from South Carolina - Trey Gowdy, Tim Scott, Mick Mulvaney and Jeff Ducan - about what their looking for in debt solution and their refusal to compromise.

• Jul 30, 2011
• 17:37

Obama warns lawmakers over partisan politics

President Obama issued a strong warning to lawmakers that the time is over for putting party first, saying "any debt solution to avoid default must be bipartisan." Norah O'Donnell reports on the president's plan in the race against the clock.

• Jul 29, 2011
• 2:03

Boehner adds amendment, passes debt bill

House Speaker John Boehner added to his deficit reduction bill a requirement that Congress vote on and pass a constitutional amendment to balance the budget as a condition for raising the debt ceiling in the future. But, as Nancy Cordes reports, it's a measure guaranteed to kill the bill in the Senate.

• Jul 29, 2011
• 3:54

Debt ceiling creating uncertain economic future

U.S. economic growth has slowed to a near standstill. And, as Washington argues over the debt ceiling, America's economic future is hanging in the balance, reports Anthony Mason.

• Jul 29, 2011
• 2:19

House freshman GOP blocking debt compromise

From the beginning, freshman Republican members of the House have been the biggest problem in reaching a compromise on raising the debt ceiling. Jan Crawford finds out who they are and what is motivating them.

• Jul 29, 2011
• 2:30

What does compromise mean to the White House?

Senior White House correspondent Norah O'Donnell asked White House Press Secretary Jay Carney, if the President Obama only expects the GOP to compromise.

• Jul 29, 2011
• 2:15

Reid: Extremists holding Congress, WH hostage

As the debt clock ticks closer to default, Sen. Harry Reid (D-Nev.) said Friday it's time to act and release Congress from the grip of right-wing extremists.

• Jul 29, 2011
• 0:53

Obama worried about debt and Malia's driving

President Obama joked about his daughter soon earning her driver's permit, during a speech Friday, where President Obama announced a proposal to improve fuel standards for 2017-2025 model year vehicles.

• Jul 29, 2011
• 0:31

Sen. Conrad: Washington "kabuki" stalling debt deal

In an interview with CBS News Thursday, Sen. Kent Conrad (D-N.D.) said sometimes you have "gridlock before breakthrough."

• Jul 29, 2011
• 0:34

Obama: We're almost out of time

With four days left before the United States could possibly default on its debt, President Obama on Friday delivered another speech urging Congress to work together to get a deal done, or face certain economic doom.

• Jul 29, 2011
• 1:10

The debt crisis stalemate and your kids

CBS News national correspondent Chip Reid looks at one family and the message that the Congressional stalemate is sending to the next generation.

• Jul 29, 2011
• 2:15

Ryan: Let's pass bill to cover moon with yogurt

Rep. Paul Ryan (R-Wisc.) on Thursday lashed out against plans to cut funds from defense spending.

• Jul 29, 2011
• 0:34

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