Congressional Budget Office

• Congress Lacks Plan to Halt Spending Cuts

  By Roxana Tiron and Kathleen Hunter, Bloomberg  |  February 13, 2013

  Legislators have about two weeks to avert $1.2 trillion in cuts.

• Obama Seeks to End Business Tax Breaks

  By Richard Rubin, Bloomberg  |  January 22, 2013

  GOP opposition to tax increases may hinder Obama's effort to axe breaks.

• McConnell Takes Taxes Off the Table

  By Cheyenne Hopkins, Bloomberg  |  January 7, 2013

  Senate minority leader says focus should be on spending cuts.

• Obama, Congress Head for Debt Ceiling Confrontation

  By Mike Dorning, Bloomberg  |  January 4, 2013

  As U.S. Treasury approaches its legal borrowing limit, bond investors shrug.

• CEOs Say Fiscal Cliff Work Is Incomplete

  By Chris Burritt, Bloomberg  |  January 3, 2013

  Execs urge politicians to move quickly on tax reform, deficit reduction.

• House Passes Tax Deal

  By Richard Rubin, Roxana Tiron and James Rowley, Bloomberg  |  January 2, 2013

  GOP vows to exact spending cuts in upcoming fight on debt ceiling.

• Reid Hopes for Last-Minute Budget Deal

  By Kathleen Hunter and Heidi Przybyla, Bloomberg  |  December 31, 2012

  Biggest sticking point said to be how to deal with more than $600 billion in automatic spending cuts.

• Dysfunction in Congress Poses 2013 Risks

  By Margaret Talev, Richard Rubin and Roxana Tiron, Bloomberg  |  December 31, 2012

  Any deal today would deal with only some recession-causing factors and set another deadline early next year.

• Obama Summons Congress Leaders

  By Heidi Przybyla and Kathleen Hunter, Bloomberg  |  December 28, 2012

  As budget deadline approaches, there's little sign of action on the Hill.

• Budget Bargain Shrinks as Congress Nears Deadline

  By Derek Wallbank, Bloomberg  |  December 26, 2012

  Congress returns Thursday, but hopes are dimming for a deal before year-end.