Budget Battles : Best Video
President Obama addresses the nation Friday about how he and congressional leaders will work together to avoid the "fiscal cliff."

The fiscal cliff: Obama's plea for bipartisan compromise

In his first public address since declaring victory Tuesday night, the newly re-elected president urges Congress to end the gridlock

112th Congress : Opinion Brief
President Obama and House Speaker John Boehner make nice on St. Patrick's Day in 2011: The foes will have to join forces to avoid driving the country off the so-called fiscal cliff.

After the election: Could civility possibly return to D.C.?

Republicans and Democrats are vowing to make compromises to tackle huge problems. Skeptics cannot help but scoff

Budget Battles : Opinion Brief
President Obama and John Boehner will likely have to contend with Tea Partiers who refuse to back any tax increases in a potential fiscal-cliff-avoiding bargain.

Does President Obama have an advantage in the fiscal cliff battle?

A newly empowered Obama is heading into Round Two of budget talks with Speaker John Boehner

Budget Battles : Instant Guide
House Speaker John Boehner (R-Ohio) discusses the looming fiscal cliff on Capitol Hill on Nov. 7, asking President Obama to work with House Republicans.

Everything you need to know about the fiscal cliff

Washington and Wall Street are freaking out about a looming one-two punch of tax hikes and spending cuts

Budget Battles : Opinion Brief
Sure, things are looking good for the president now. But soon, he'll be facing a divisive face-off over the country's fiscal future.

Obama's next challenge: Can he avoid the fiscal cliff?

The president shouldn't expect a honeymoon after Tuesday's victory. Now that he has won re-election, Obama has to deal with a looming economic crisis

Budget Battles : Flashback
House Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.). Reid, "the most powerful Democrat on Capitol Hill," reportedly asked President Obama last year to give congressional leaders privacy to hammer out a debt-limit deal on their own.

Inside the debt-limit showdown

The U.S. was days from default, says Bob Woodward, and Washington was playing a game of chicken

Budget Battles : Opinion Brief
Congressional Budget Office Director Douglas Elmendorf testifies before the House Budget Committee on June 6: Unless a divided Congress acts, the U.S. economy will plunge off a fiscal cliff in 2013.

Should the U.S. economy jump off the fiscal cliff?

A raft of automatic tax hikes and spending cuts could push the economy into a recession — but the painful package would also help us get our debt under control

Budget Battles : Opinion Brief
Sen. Orrin Hatch (Utah) devised the GOP's inevitably controversial (and, most say, doomed) new tax proposal.

Are Senate Republicans trying to increase taxes on the middle class?

A GOP plan would extend Bush-era tax cuts for all, including the rich, while ending some temporary breaks for lower-income families

Budget Battles : Opinion Brief
"If Republicans won't work with us on a balanced approach, we are not going to get a deal," said Sen. Patty Murray (D-Wash.) Monday regarding the Bush-tax standoff.

Would Democrats regret walking off the fiscal cliff?

Senate Democrats say they'll let devastating tax hikes and spending cuts hit at year's end if Republicans hold out against raising taxes on the rich

112th Congress : By the numbers
Sen. Al Franken (D-Minn.) speaks in May about the Paycheck Fairness Act, which was ultimately filibustered by 46 Republican senators on June 5.

Congress' enormous gender pay-gap: By the numbers

Women staffers on Capitol Hill make far less than their male counterparts, bringing the issue of gender inequality to Congress' doorstep

Budget Battles : The Bullpen
Edward Morrissey

Edward Morrissey: Obama's plan isn't a tax cut at all

The president merely proposes extending the status quo for some Americans — and only for 12 months, at that

Budget Battles : In-depth briefing
If lawmakers don't act by Jan. 1, 2013, four out of five U.S. households will reportedly have to pay an average of $3,701 more in taxes next year.  

Countdown to Taxmageddon

The U.S. could plunge off a "fiscal cliff" on Jan. 1, 2013 — unless a deadlocked Congress acts. Can lawmakers avert the coming crisis?

Budget Battles : The Bullpen
Dana Liebelson

Dana Liebelson: Washington's Daft Punk justification for wasteful military spending

Republicans and Democrats alike seem blinded by the desire for a "harder, better, faster, stronger" America — so much so that they support useless defense projects

Budget Battles : Analysis
Senate Minority Leader Mitch McConnell (R-Ky.) and other Republican senators sharply criticized President Obama's fiscal 2013 federal budget plan when it was released in February because it contained a number of tax-break repeals.

Will 'Taxmageddon' trigger a new recession?

A new report warns that if Congress doesn't prevent automatic tax hikes and spending cuts from hitting simultaneously in 2013, the economy will go off a cliff

Budget Battles : The Bullpen
Paul Brandus

Paul Brandus: The messy tax fight that will ruin Christmas

Obama wants tax rates and the debt ceiling to go up. Republicans want spending levels to go down. Get ready for gridlock

112th Congress : The List
Members of Congress leave the Capital after the House went on recess for Thanksgiving.

3 reasons Congress sounds less intelligent than ever

Politicians in the House and Senate are speaking at a 10th grade level, down an entire grade level since 2005. But the test used to assess their language may be flawed

Subscribe to the Week