After weeks of delay and political grandstanding, former Nebraska Senator Chuck Hagel was finally confirmed as Secretary of Defense by a 58-41 vote in the Senate late Tuesday afternoon Read More

While Boehner was griping in D.C., Obama went to a factory in Newport News, Va., the largest manufacturing employer in the state. The president told workers, many of whom build ships, that their jobs were “in jeopardy” and that the sequester would “weaken our military readiness” unless the GOP could compromise on a plan that includes higher tax revenue from the wealthy. Read More

John Boehner, the Speaker of the House of Representatives and second in line of presidential succession, used the word “ass” today to show that he’s serious about the sequestration fight. In other words, go back to debating Seth MacFarlane as Oscars host because nothing’s happening here. Read More

With an aggressive package of automatic spending cuts set to take effect at week's end, the White House is issuing stern warnings, highlighting what would happen in all 50 states and Washington D.C. if Congress fails to intervene. Read More

Poorly! Last Friday, the United Kingdom's years-long experiment in economic austerity got results: A credit downgrade from the rating agency Moody's Read More

Modern America has greater economic inequality than either Tsarist Russia or the Roman Empire. Here's why. Read More

Top story: This time next Friday, Republicans may be ruing their sequestration strategy versus President Obama. Read More

President Obama is discussing domestic and foreign policy Friday. Read More

The president hammered Republicans for refusing to develop a balanced deal to avoid the sequester, and talked about the civil rights movement. Read More

The key to Republicans' strategy on the sequester fights is to for President Obama to take the lion's share of the blame if the full cuts take effect. Turns out voters aren't buying it. Read More

The simplest, most direct way to make people less poor might be giving them more money. Read More

President Obama's job approval rating is at a three-year high, according to a new Bloomberg Poll. You'd have to go back to 2009 to find a higher approval number… Read More

The sequester stalemate persists in Washington. Read More

NOW's Alex Wagner and the The Washington Post's Ezra Klein sort out the fact from the fiction regarding the looming "sequester." Read More

Republicans think they can lay the blame for the effects of the sequester cuts on the president. They're forgetting that, of the two, he's the popular one. Read More

Congressman Joe Garcia, D-Fla., said it was absurd that Congress went into recess as another crisis looms. Read More

The co-chairs of the president's fiscal commission are selling a grand bargain yet again. Read More

President Obama used his bully pulpit today to explain what $85 billion in sequester cuts per year set would look like. Read More

According to the new Simpson-Bowles plan, the government needs to cut at least $2.4 trillion more over the next ten years, adding nearly an additional trillion dollars to their original budget benchmark. Read More

A new study says that America's overall tax code is "fundamentally unfair." Read More