President Barack Obama is asking Congress to raise taxes on the wealthy and cut Medicare costs to provide health care for the uninsured while making the just-enacted $400 tax cut for most workers permanent. ...more

February 25, 2009

Neither Sen. John McCain nor Sen. Barack Obama is discussing the most serious financial crisis.... ...more

August 18, 2008

President Bush, facing his final go-around on spending with a Democratic-run Congress during this presidential election year, on Monday unveiled a $3.1 trillion budget for 2009 that boosts defense spending and pares down Medicare costs while leaving a near-record deficit. ...more

February 5, 2008

The spiraling growth of Medicare and the high cost of renewing President Bush's tax cuts are squeezing popular education, health, housing and anti-poverty programs in the budget blueprint he will hand to lawmakers Monday. ...more

February 3, 2008