U.S. House Committee on the Budget

* New debt limit reset at $16.7 trillion * No movement seen in Congress on budget talks By David Lawder WASHINGTON, May 20 (Reuters) - The U.S. government added $306 billion in new debt during a four-month suspension of the federal borrowing limit, the...

(Repeats story with no changes to text) By Jason Lange and David Lawder WASHINGTON, May 20 (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform...

By Jason Lange and David Lawder WASHINGTON, May 20 (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be...

WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the...

JEFFERSON CITY, Mo. (AP) — Turns out that cutting was the easy part. Now Republicans who control a majority of the state capitols in the United States face a far greater philosophical dilemma — what to do with all the money when an improving...

* Lawmakers reaffirm 10-year balanced budget goal * Seek to tie debt limit hike to tax reform By David Lawder and Rachelle Younglai WASHINGTON, May 15 (Reuters) - Republicans in the House of Representatives vowed on Wednesday to press on with their...

WASHINGTON (Reuters) - Republicans in the House of Representatives vowed on Wednesday to press on with their campaign to further slash spending on U.S. government benefits programs despite evidence that the deficit is shrinking rapidly. The lawmakers...

WASHINGTON (Reuters) - The deficit is shrinking considerably more quickly than previously thought, the Congressional Budget Office said on Tuesday in a report that could sap Congress' sense of urgency to find further budget savings. In one fell swoop,...

WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

WASHINGTON — When it comes to deficit reduction, President Barack Obama may have correctly taken the measure of Alan Simpson and Erskine Bowles and U.S. corporate leaders; that's a reason why any deficit deal is more remote than ever. Two and a...

WASHINGTON -- The budget feud on Capitol Hill is looking like those Vietnam War peace talks when negotiators bickered over the shape of the table. House Republicans, after howling for years about Senate Democrats' failure to pass a budget, are...

Apr 28 (TheWrap.com) - The White House Correspondent Association dinner Saturday night proved fertile ground for Hollywood stars only this time instead of a target, the stars were often the weapons in jokes wielded by President Obama, Conan O'Brien and...