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President Barack Obama
Chip Somodevilla, Getty Images
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Obama Says GOP Opposition to Debt Limit ‘Deadbeat’

Setting up an impending new fight over the federal budget, President Barack Obama on Thursday accused Republicans of acting like a "deadbeat" by refusing to raise the government's borrowing cap without spending cuts.

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Congress
Dave Huss, Getty Images
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House, Senate Pursue Conflicting Budget Priorities

The GOP-controlled House unveiled slashing cuts to the budget of the Internal Revenue Service on Tuesday, punishing the beleaguered department after it targeted tea party groups and other non-profits seeking tax-exempt status.

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