President Obama called the "Gang of Six" proposal "a very significant step" on resolving the debt ceiling issue. Photo by Win McNamee/Getty Images. Compromise has been in short supply in Washington the past few weeks as President Obama…

House Speaker John Boehner, R-Ohio, listens to House Majority Leader Eric Cantor, R-Va., during a news conference at the Capitol last week. Photo by Chip Somodevilla/Getty Images. The United States Congress will once again become a Kabuki theater…

President Obama wants Congress to decide on plan to raise the debt ceiling. Photo by Jewel Samad/AFP/Getty Images. The weeklong series of White House meetings with President Obama and bipartisan congressional leaders has apparently produced one concrete result:…

Republican Sens. Mitch McConnell, left, Lamar Alexander and Jon Kyl board an elevator en route to a news conference in the Capitol about debt ceiling talks . Photo By Tom Williams/Roll Call. If the threat of a credit…

President Obama has raised quite a bit of money over the last three months. Photo by Saul Loeb/AFP/Getty Images. He may have to fight sky high unemployment, persistent economic pessimism and an energized political opposition to win…

White House Chief of Staff William Daley, Press Secretary Jay Carney, adviser David Plouffe and Communications Director Daniel Pfeiffer listen to President Obama during Monday's news conference at the White House. Photo by Chip Somodevilla/Getty Images. Television networks…

President Obama walks from a Marine One helicopter back to the White House on Sunday. Photo by Brendan Smialowski/Getty Images. The debt and deficit negotiations are now aimed at accomplishing two goals. The first goal for all sides…