
President Obama is running around the country trying to sell his plan to create jobs by raising income taxes. The idea draws cheers from liberals but boos from Republicans and even many Democrats on Capitol Hill who say we shouldn't be raising taxes on anyone, especially in a recession.

Pushed by budget hawks, the Senate Appropriations Committee has been searching in every nook and cranny for spending cuts, but it may have gone too far in calling for slashing nearly 8 percent from the budget of the government's chief watchdog next year.

Taking the handcuffs off the oil and gas industry would put more than a million Americans to work in the next seven years and make an $800 billion dent in the national debt by 2030, according to a new study released Wednesday.
Memo to President Barack Obama and the debt negotiators: You can save $13 billion by fixing a glitch in the new health care law.
A Republican-leaning fundraising group with ties to GOP strategist Karl Rove has launched a new phase of its $20 million ad campaign attacking Democrats.

Senate Republicans on Thursday blocked the nomination of Goodwin Liu for an appeals court judgeship, accusing him of being a liberal activist and handing President Obama his first judicial defeat of the year.

Senate Republicans on Tuesday blocked a Democratic bill that would have repealed about $2 billion in annual tax breaks for the five biggest oil companies, though Democrats say they'll push for the measure during negotiations to increase the nation's debt limit.

The Republican-controlled House has passed another bill putting offshore oil and gas drilling on the fast track.

The last time Sen. Ben Nelson ran for re-election, in 2006, Democrats held four of the six Senate seats representing the 650 miles of plains from Nebraska north to the Canadian border.