President Barack Obama said he would use his annual State of the Union address to urge both parties to act to lift US growth and create more jobs.
US House of Representatives Republican leaders presented to their membership a USD$39 billion spending cut plan aimed at averting a government shutdown, according to Republican lawmakers.
US House Democratic Leader Nancy Pelosi said that Standard & Poor's downgrade of the US credit outlook showed both Democrats and Republicans must "demonstrate our commitment to reducing our deficit through shared responsibility."
US Representative Anthony Weiner, snared in a humiliating flap for sending lewd photos of himself to women online, resigned, ending a weeks-long scandal that made his fellow Democrats cringe.
President Barack Obama failed to satisfy Democratic congressional leaders about a possible debt reduction deal he is negotiating with House of Representatives Speaker John Boehner, a senior Democratic aide said.
Democrats named three loyal party lieutenants to a US deficit reduction "super committee" today, charting what could be a path to partisan deadlock with all 12 members now appointed.
President Barack Obama agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.
John Boehner, the Republican speaker of the House of Representatives, said on Thursday President Barack Obama's jobs proposals "merit consideration" and expressed hope both parties could work together.
US President Barack Obama turned up the heat on his Republican foes as he portrayed himself as a champion of the middle class and laid out in the starkest terms yet the populist themes of his 2012 re-election bid.
US House of Representatives Speaker John Boehner caved in to a growing chorus of criticism from both within and outside his Republican party and agreed to a short-term deal to extend a payroll tax cut for 160 million US citizens.
US President Barack Obama signed into law a two-month payroll tax cut extension, capping a year of fierce partisan combat over taxes and spending that will resume in January and play heavily in the 2012 elections.
A defiant President Barack Obama said he will bypass Congress and install Richard Cordray as head of the country's new consumer financial watchdog, escalating an election-year fight with Republicans, who questioned the legality of the move.
President Barack Obama's re-election campaign and its Democratic allies raised a combined $29.1 million in January, accelerating their fundraising pace as the White House race draws closer.
US President Barack Obama stoutly defended his economic record after a stream of bad news - and an uncharacteristic verbal misstep of his own - rallied Republican hopes that they can defeat him in November.
The Republican-led US House of Representatives, on a near party-line vote of 2 44- 1 85, passed a bill to repeal President Barack Obama's overhaul of the US healthcare system.
The Democratic Party is aiming to include support for gay marriage in its party platform this year for the first time in its history, a Democratic source said.
Democrats launched a vigorous defence of President Barack Obama and urged voters to give him another term to fix the economy as they opened their national convention with sharp criticism of Republican hopeful Mitt Romney.
US President Barack Obama told congressional Democrats today he is willing to agree to a "big deal" with Congress on spending cuts and tax reforms to end uncertainty over the budget deficit, but insisted that new revenues be part of the package.
Actor Robert De Niro apologized for joking at a Democratic fundraiser with Michelle Obama about the possibility of having a "white first lady" at the White House after November's presidential elections.