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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)

Andrew Leonard

Why the debt ceiling must, and will, be raised

Andrew Leonard
(Gustaf Brundin)

Andrew Leonard
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.

Andrew Leonard
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) (© Jason Cohn / Reuters)

Andrew Leonard
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

Andrew Leonard
(AP)

The futility of lecturing Big Oil executives

Natasha Lennard
Speaker of the House John Boehner; President Barack Obama

Andrew Leonard
Austrian economist Ludwig von Mises

Andrew Leonard
Speaker of the House, John Boehner

Andrew Leonard
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)

Andrew Taylor
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

Robert Reich
Grover Norquist

Andrew Leonard
President Barack Obama

The "spending binge" that isn't

Andrew Leonard
President Obama, Jesus and Paul Ryan

Brad Martin
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)

Andrew Leonard

Andrew Leonard
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. Don’t 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 government’s 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

Robert Reich
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)

Gene Lyons
(Keith Szafranski)

David Sirota

Steve Kornacki

Andrew Leonard
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