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Topic: Budget Showdown (page 8)

President Barack Obama greets audience members during a reception in honor of Jewish American Heritage Month at the White House, Tuesday, May 17, 2011, in Washington. (AP Photo/Carolyn Kaster) (Associated Press)

Why the debt ceiling must, and will, be raised

(Gustaf Brundin)

The six-member bipartisan group of U.S. senators, referred to as the Gang of Six. Clockwise from top left, Sen. Tom Coburn, R-Okla., Sen. Dick Durbin, D-Ill., Sen. Saxby Chambliss, R-Ga., Sen. Mark Warner, D-Va., Sen. Kent Conrad, D-N.D., and Sen. Mike Crapo, R-Idaho.

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U.S. Treasury Secretary Tim Geithner listens to a reporter's question during a news conference at the United Steelworkers headquarters in Pittsburgh, Pennsylvania, March 31, 2010. REUTERS/Jason Cohn (UNITED STATES - Tags: POLITICS) (Â© Jason Cohn / Reuters)

FILE - In this Feb. 19, 2011, file photo U.S. Treasury Secretary Timothy Geithner answers questions at the closing press conference of the G20 Finance summit in Paris. Five years and one financial crisis since the United States and China commenced regular high-level economic talks, fast-growing Beijing might have the upper hand Monday, May 9, 2011, in the latest round of discussions between the world's two biggest economies. While analysts don't foresee major breakthroughs at the talks Monday and Tuesday, China's expanding economic might will give it greater leverage now. (AP Photo/Francois Mori, File) (AP)

Martin Crutsinger

John Boehner, Mitch McConnell and Eric Cantor

(AP)

The futility of lecturing Big Oil executives

Natasha Lennard

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Speaker of the House John Boehner; President Barack Obama

Austrian economist Ludwig von Mises

Speaker of the House, John Boehner

Senate Majority Leader Harry Reid, D-Nev. pauses during a news conference on Capitol Hill in Washington, Friday, April 8, 2011, after meeting with the Senate Democratic Caucus. From left are: Sen. Joe Manchin, D-W.Va., Sen. Charles Schumer, D-N.Y., Reid, and Senate Majority Whip Richard Durbin of Ill., Sen. Thomas Carper, D-Del., Sen. Robert Menendez, D-N.J., and Sen. Patty Murray, D-Wash. (AP Photo/J. Scott Applewhite) (AP)

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Treasury Secretary Timothy Geithner meets with China's Vice Premier Wang Qishan, center, during the US-China Strategic and Economic Dialogue meetings, Monday, May 9, 2011, at the Treasury Department in Washington. (AP Photo/Jacquelyn Martin) (AP)

Natasha Lennard

FILE - In this April 5, 2011 file photo, House Budget Committee Chairman Paul Ryan, R-Wis. touts his 2012 federal budget during a news conference on Capitol Hill in Washington. The loudest objections to the GOP Medicare plan are coming from seniors, who swung to Republicans in last year's congressional elections, and many have been complaining at town-hall meetings with their representatives during the current congressional recess. (AP Photo/J. Scott Applewhite, File) (J. Scott Applewhite)

Don't be fooled: It's the same plan, with lipstick

Grover Norquist

President Barack Obama

The "spending binge" that isn't

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President Obama, Jesus and Paul Ryan

Treasury Secretary Timothy Geithner testifies on Capitol Hill in Washington, Tuesday, March 15, 2011, before the Senate Banking Committee hearing on the housing finance market. (AP Photo/Harry Hamburg) (Harry Hamburg)

FILE - In this March 8, 2011 file photo, National Commission on Fiscal Responsibility and Reform, Co-Chairmen Alan Simpson, right, and Erskine Bowles, testify on Capitol Hill in Washington. Dont look for President Barack Obama to endorse a Medicare voucher plan or turning Medicaid over to the states when he unveils his approach to controlling the governments health care costs on Wednesday. But less government money for providers and more costs shifted to beneficiaries will still be in the plan. The president is expected to draw from proposals issued by his debt commission and from the work of a small group of senators of both parties trying to devise a strategy that will force Congress to deal with the cost of health benefits. (AP Photo/J. Scott Applewhite, File) (AP)

Beware the "middle ground" of the budget debate

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House Budget Committee Chairman Paul Ryan, R-Wis., declares that he was "disappointed" in President Obama's speech on a federal spending plan, during a news conference at the Capitol in Washington, Wednesday, April 13, 2011. (AP Photo/J. Scott Applewhite) (J. Scott Applewhite)

(Keith Szafranski)

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