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Paul Ryan

Latest Headlines

Latest Headlines

Backgrounder: Super Congress

What the Joint Select Committee on Deficit Reduction is: As part of the Budget Control Act of 2011 ( S. 365 Public Law 112-25 [.pdf]) deal to raise the debt ceiling, Congress created a joint

Seeking debt ceiling head room, Treasury borrows from federal worker pensions

The Treasury Department is using what it refers to as "extraordinary measures" in order to buy time until Congress raises the $14.3 trillion debt ceiling, which the government hit on May 16.

Republicans downplay possibility of government shutdown

House of Representatives approval along party lines in a before-dawn Feb. 19 vote on a spending bill to fund the remainder of the fiscal year that would cut $61 billion from federal agencies, has