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Total Obama cuts on table in 2012: $2 billion

The Senate's top Republican said Wednesday that in the closed-door budget talks, the White House was offering just an additional $2 billion in actual spending cuts for 2012 — compared to an expected deficit of $1.1 trillion for the whole year.

Hoyer slams Cantor over GOP debt 'concession'

Partisan tit for tat over raising the nation's debt limit continued Tuesday, as the No. 2 House Democrat rebuked GOP Majority Leader Eric Cantor for saying Republicans were making a concession simply by agreeing to join the negotiations.

Obama adviser: 'Of course' he owns the economy

After 2½ years in office, President Obama now "owns" the economy as an issue, according to top adviser David Plouffe, who added he was confident that voters understand that recovering from a devastating recession Mr. Obama inherited takes time.

Club likes Bachmann as a member

The Club for Growth, the influential fiscal conservative group, released a glowing review Tuesday of Rep. Michelle Bachmann's tenure in Congress and the Minnesota state Senate, saying that the third-term lawmaker and 2012 presidential hopeful has a solid record of supporting pro-growth policies.

GOP Rep. Gowdy slams ill-fated ATF gun sting

Rep. Trey Gowdy, South Carolina Republican, said Tuesday that he and other lawmakers looking into a controversial undercover federal gun sting want answers from the Obama administration on who approved the ill-fated Operation Fast and Furious.

The wrong John Wayne

Rep. Michele Bachmann kicked off her presidential campaign on Monday in Waterloo, Iowa, and in one interview surrounding the official event she promised to mimic the spirit of Waterloo's own John Wayne. The only problem, as one eagle-eyed reader notes: Waterloo's John Wayne was not the beloved movie star, but rather John Wayne Gacy, the serial killer.