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As the Washington Monthly’s Steve Benen noted today, Democrats have bent over backwards to craft a deal to raise the federal debt ceiling, only to berebuffed at every turn …

Reporting from Washington - The Federal Aviation Administration was forced into a partial shutdown Monday after Congress failed to temporarily extend its funding. The agency was ordered to furlough …

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President Barack Obama speaks to reporters during a news conference about the nation's deficit and increasing the debt limit, at the White House in Washington on July 11, 2011. …

Icelandic bank Glitnir was nationalized and rebranded as Islandsbanki before it was sold back to its former creditors. (Photos: kfcatles, Li'l Wolf) "Everyone is entitled to his …

Monsanto researchers in Stonington, Illinois, are working to develop new soybean varieties in this July 2006 file photo. According to PEER Executive Director Jeff Ruch, "The White House is …

Something you often see in negotiations is a mismatch between one side’s stated sticking points and its real sticking points. In the debate over the debt ceiling, for example, …

Lupe Fiasco, performing at the 2011 Cisco Ottawa Bluesfest. Fiasco appeared on Bill O'Reilly's show, where he criticized President Obama's policies, leaving O'Reilly to defend the president. (Photo: eastscene) …

(Photo: willc2; Edited: JR / Truthout) President Obama is proud of the fact that he was willing to bargain away the core of the country's social safety …

Rupert Murdoch, chairman and chief executive of News Corp., during an interview in his office in New York on Thursday, May 3, 2007. (Photo: James Estrin / The New …