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Sen. Ted Cruz (R-TX)(C) is flanked by House Republicans while speaking about Obamacare during a news conference on Capitol Hill,
Sen. Ted Cruz (R-TX)(C) is flanked by House Republicans while speaking about Obamacare during a news conference on Capitol Hill, (Mark Wilson/Getty Images)
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Boehner: No Debt Limit Increase Without Cuts

House Speaker John Boehner says the House won't vote to increase the debt limit without including spending cuts to reduce the deficit.

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Moody’s Pressures Congress to Address Deficit

Moody's Investors Service says Congress must go beyond its deal this week and come up with a plan to shrink the budget deficit if it wants to keep the U.S. government's top credit rating.

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Democrats, Republicans Far Apart on Deficit Deal

Congressional Republicans and Democrats struggled Wednesday to salvage a yearlong assault on federal deficits, their efforts hampered by politically-charged disagreements over taxes and the future of enormously expensive government benefit programs.

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