Reid approves of debt deal; WH, GOP negotiate

Senator Reid says he's "signed off on the debt-ceiling agreement pending caucus approval"; Agreement closer than ever

• Jul 31, 2011

Senate GOP blocks Reid debt bill

Republicans filibuster Democratic plan to raise debt ceiling, focus now moves to ongoing negotiations between White House, GOP

• Jul 31, 2011

McConnell shrugs off Tea Party "hostage" claims

Top Republican says GOP has no more "internal differences" than Dems, argues current tensions pale in the context of American history

• Jul 31, 2011

White House, GOP reach for showdown-ending pact

Lawmakers say they are "very close" to default-averting deal that would raise government's borrowing authority by up to $3 trillion

• Jul 31, 2011

White House: "We don't have a deal" on debt bill

Top Obama official says Republicans, Democrats generally in agreement on package but key details still being worked out

• Jul 31, 2011

Senate debt vote Sunday amid hints of a deal

After a long day wrangling over the debt ceiling, it's unclear if progress was made; New senate vote on debt delayed

• Jul 31, 2011

Debt deal imminent? GOP says yes, Dems say no

After a long day wrangling over the debt ceiling, it's unclear if progress was made; New senate vote on debt delayed

• Jul 30, 2011

Huntsman embraces Boehner debt plan dividing GOP

Former Utah governor tells "The Early Show" the House speaker's plan to end debt stalemate is "the best solution on the table"

• Jul 30, 2011

Meet Washington's geeky fiscal referees: The CBO

It's hard to find one thing both sides trust in D.C., but the Congressional Budget Office is rarely second guessed

• Jul 30, 2011

If the U.S. defaults, thousands to go unpaid

In default, a cash-strapped U.S. Treasury would be forced to not pay someone, and all the choices of who gets stiffed are bad

• Jul 30, 2011

Obama talks debt deal with McConnell, Reid, Pelosi

Washington is deadlocked over the debt limit, but as talks with the president continue, congressional leaders express optimism

• Jul 30, 2011

Senate Democratic debt plan rejected in the House

Senate Majority Leader Harry Reid's plan to raise the debt limit was rejected in the House and met new opposition from Senate Republicans

• Jul 30, 2011

Senator: "Ninth inning" debt deal will get done

Sen. Amy Klobuchar, D-Minn., "appalled" by political posturing but sees enough common ground for compromise

• Jul 30, 2011

Dems, GOP still at debt impasse as clock ticks

After House bill dies in Senate, more pressure on lawmakers to avoid first-ever default on U.S. financial obligations

• Jul 30, 2011

House GOP - finally - passes debt limit plan

John Boehner's retooled plan wins enough fiscal conservatives for passage

• Jul 29, 2011

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