Jeb Hensarling

Because of the breakdown of political decision-making in the U.S. and Europe during the Great Recession, the burden of response has fallen largely on two big central banks: the Federal Reserve and the European Central Bank. And down the road, they are...

The biggest activity in Washington between now and Thanksgiving is the focus on the so-called “super committee,” those 12 Democrats and Republicans charged with reducing the deficit by $1.5 trillion over the next 10 years. Lobbyists,...

Pity the poor "super committee." Congress' special task force on the deficit already had a mission that looked nearly impossible: producing a plan to reduce the federal government's fiscal gap by $1.2 trillion over 10 years. And then the job got harder....

Here's an assessment from the Republican co-chairman of Congress' unfortunate "super committee" of why the bipartisan panel failed to produce a deficit reduction plan last week: "We could not bridge the gap between two dramatically competing visions of...

The fiscal cliff will take center screen on Sunday morning talk shows. The guest lineup: Alan Simpson and Erskine Bowles, co-chairs of President Barack Obama's deficit commission, visit CBS' “Face the Nation.” The program airs at 10:30 a.m. on...

With a week left until the Nov. 23 deadline for the supercommittee to act, congressional Republicans continue to coalesce around Pennsylvania's Pat Toomey and his plan to lower income tax rates and raise revenue by reducing or eliminating some tax......

Once Obama presented his deficit reduction plan for Congress' supercommittee's consideration Monday morning, the partisan jabbing began. As expected, Republicans were quick to reject it. Democrats offered support. As previously reported, U.S. Sen. Pat...

How important is a voting block of 40 Republicans and 60 Democrats in the House? The special committee trying to reduce the federal deficit has the chance to find out, if only they're brave enough to take it....

Click here to download TV listings for the week of Nov. 6 - 12 in PDF format TV listings for the week of Nov. 6 - 12 in PDF format (from latimes.com/entertainment/news/tv) Weekly TV Listings and more can be found......

CBS' "Face the Nation" looks at the Republican field of presidential candidates. The guests include Sen. Lindsey Graham, R-S.C.; Gov. Haley Barbour, R-Miss.; Gov. Martin O'Malley, D-Md.; and candidate Jon Huntsman. The program starts at 10:30 a.m. on...

"Fareez Zakaria GPS" features Ehud Barak, Israeli defense minister and former prime minister of Israel. The program starts at 10 a.m. and repeats at 1 p.m. Another guest is billed as "the preeminent political prognosticator" who will give "his take on the...

Super committee gives up on coming to a compromise on how to reduce the deficit and solve the nation's debt crisis. There is finger pointing along with shrugs and jokes about the super committee: Demi and Ashton could have done better?...