Industry Set for Fight to Keep Corporate Jet Tax Breaks

Proposals to end the tax breaks for corporate jet ownership is less about dollars and cents than it is about political imagery and a bit of class warfare.

President Looks for Broader Deal on Deficit Cuts

President Obama, who will meet with the bipartisan leadership of Congress on Thursday, wants to move well beyond the $2 trillion in savings sought in earlier negotiations.

Obama Summons G.O.P. and Democratic Leaders for Deficit Reduction Talks

The president stepped up pressure on Congressional Republicans, pledging to put popular entitlement programs like Medicare on the table in return for acquiescence to some higher taxes.

Debt Divide Remains as President Steps In

President Obama met with Congressional leaders in the hope of helping them reach a deal on a debt limit.

Political Memo: Boehner Must Navigate Rocky Road to a Budget

Speaker John A. Boehner has found that he must seek common ground not only with Democrats, but with fellow Republicans as well.

The Caucus: Obama Seeks to Resume Budget Talks

President Obama and Vice President Joseph R. Biden Jr. on Monday will meet separately with the Republican and Democratic Senate leaders.

Budget Talks Near Collapse as G.O.P. Leader Quits

Representative Eric Cantor, the House majority leader, abandoned the negotiations Thursday, and Republicans said they would not give in to a push by Democrats for new revenue.

Short-Term Increase in Debt Limit Suggested

With an Aug. 2 default deadline looming, Senator Mitch McConnell tied a solution to entitlement changes

Economic Scene: Cutting the Deficit, Adding Jobs

Both parties have reason to compromise on the debt talks under way as the economy shows signs of stumbling.

In Afghanistan, Gates Stresses U.S. Is Committed to the Fight

Defense Secretary Robert M. Gates made an unannounced trip to Afghanistan on Saturday, where he said the mission should not be put at risk by budget concerns

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