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Topic: Budget Showdown (page 6)

A man arranges jewelry at a store going out of business in New York June 8, 2011. REUTERS/Shannon Stapleton (UNITED STATES - Tags: BUSINESS SOCIETY) (© Shannon Stapleton / Reuters)

Andrew Leonard

Andrew Leonard
Mitch McConnell (Jonathan Ernst / Reuters)

Andrew Leonard
Rep. Eric Cantor, and former Speaker of the House Newt Gingrich in 1995

They're still the impeachment party

Amy Fried

Andrew Leonard
(Library Of Congress)

Andrew Leonard
"The Daily Show" imagines Obama as the Hulk

Natasha Lennard
President Barack Obama sits with House Speaker John Boehner of Ohio, and Senate Minority Leader Mitch McConnell of Kentucky, and Sen. Dick Durbin, D-Ill., as he meets with Republican and Democratic leaders regarding the debt ceiling in the Cabinet Room of the White House in Washington, Wednesday, July 13, 2011. (AP Photo/Charles Dharapak) (AP)

Jim Kuhnhenn
House Majority Leader Eric Cantor of Va. takes part in news conference on Capitol Hill in Washington, Thursday, May 26, 2011. (AP Photo/Harry Hamburg) (Harry Hamburg)

Andrew Leonard
FILE -- In this file photo of Thursday, June 16, 2011, House Majority Leader Eric Cantor of Virginia, right, stands with House Speaker John Boehner of Ohio on Capitol Hill in Washington. Cantor, who has been participating in bipartisan budget talks headed by Vice President Joe Biden, pulled out today citing an impasse over taxes that required intervention by President Barack Obama and House Speaker John Boehner. (AP Photo/J. Scott Applewhite, File) (AP)

David Espo, Andrew Taylor

Natasha Lennard
Mitch McConnell

Andrew Leonard
House Majority Leader Eric Cantor of Va., speaks to reporters on Capitol Hill in Washington, Monday, July 11, 2011, as debt talks continued. (AP/Susan Walsh)

Andrew Leonard

The case for a balanced-budget amendment

Andrew Leonard

Natasha Lennard
Senate Minority Leader Mitch McConnell of Ky. (J. Scott Applewhite)

Andrew Leonard
U.S. Senate Minority leader Mitch McConnell (R-KY) listens during remarks about leadership elections on Capitol Hill in Washington, November 16, 2010. REUTERS/Jim Young (UNITED STATES - Tags: POLITICS) (© Jim Young / Reuters)

How to translate nutty GOP debt ceiling rhetoric

Andrew Leonard
House Speaker John Boehner of Ohio, left, and President Barack Obama meet with congressional leaders in the Cabinet Room of the White House,Sunday, July 10, 2011, in Washington, to discuss the debt. (AP Photo/Carolyn Kaster) (AP)

Andrew Leonard
In this photo provided by CBS News, U.S. Treasury Secretary Timothy Geithner talks about the debt crisis on CBS's "Face the Nation" in Washington Sunday, July 10, 2011. Geithner said Sunday that the Obama administration wants to seek "the biggest deal possible" on debt reduction. His comments followed word from GOP congressional leaders Sunday that the White House's $4 trillion package was off the table. (AP Photo/CBS News, Chris Usher) (AP)

Geithner: "Failure is not an option"

Natasha Lennard
U.S. President Barack Obama (R) and Speaker of the House John Boehner are joined by Congressional leaders as they discuss ongoing efforts to find a balanced approach to deficit reduction in the Cabinet Room of the White House in Washington July 7, 2011. Congressional leaders are still far apart on a wide range of budget issues but agree on the need to raise the U.S. debt ceiling, and will meet again on Sunday, Obama said on Thursday. REUTERS/Larry Downing (UNITED STATES - Tags: POLITICS BUSINESS) (© Larry Downing / Reuters)

Andrew Leonard
Blank American Social Security card isolated over white background - With clipping path (Gino Santa Maria)

Andrew Leonard
President Barack Obama listens during a meeting with advisors in the Oval Office, June 8, 2011. (Official White House Photo by Pete Souza) This official White House photograph is being made available only for publication by news organizations and/or for personal use printing by the subject(s) of the photograph. The photograph may not be manipulated in any way and may not be used in commercial or political materials, advertisements, emails, products, promotions that in any way suggests approval or endorsement of the President, the First Family, or the White House. (The White House)

Don't be shocked by Obama's budget betrayal

Glenn Greenwald
President Barack Obama pauses before answering a question during a news conference in the East Room of the White House in Washington, Wednesday, June 29, 2011. (AP Photo/Carolyn Kaster) (AP)

Andrew Leonard
President Barack Obama makes a statement to reporters about debt ceiling negotiations, Tuesday, July 5, 2011, in the James Brady Press Briefing Room of the White House in Washington. (AP Photo/Charles Dharapak) (Charles Dharapak)

Joan Walsh
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