Unless Congress comes up with a budget they can all agree on, or the government shuts down at midnight.
As Congress faces a fast-approaching deadline on passing a federal spending bill, Republican lawmakers are reviving a Tea Party-backed plan with a catchy title that they claim could balance the budget.
The Republican-controlled House passed a tea party-flavored budget plan Thursday that promises sharp cuts in safety-net programs for the poor and a clampdown on domestic agencies.
The President met with both Republicans and Democrats in separate meetings to try and win over Senate Republicans to find a common ground on getting a budget passed
House proposal repeals Obamacare and restructures Medicare; Senate hopes to cut spending and close tax loopholes.
President Barack Obama will nominate Walmart Foundation head Sylvia Mathews Burwell to direct the Office of Management and Budget.
The sequestration clock continues to tick, with the automatic cuts now just four days away.
Every day that passes without a deficit-cutting deal makes it more likely that the federal government will be forced into its first "sequester" in nearly 30 years, a problem of politicians' own making that could suck billions of dollars out of the economy.
As the White House works on Immigration, Gun Control, and the Budget, it remains unclear which issue will take center stage.
Will Congress and President Obama be able to avoid sequestration cuts?
Speaker of the House John Boehner criticized President Obama for failing to submit his budget proposal to Congress ahead of the government deadline.
The battle for higher-education dollars begins as the Senate Finance Committee hears testimony on the funding needs of four state university systems.
When lawmakers sit down to work out the budget for the 2014-2015 term, State Comptroller Susan Combs says they will have more than $100 billion to work with.