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msnbc.com: Politics

Debt battle set to draw to close, for now With hours left before the national debt bumps against its ceiling, emergency bipartisan legislation to allow the government to borrow more faces its final test in the Senate Tuesday. Giffords returns to DC for debt deal vote Rep. Gabrielle Giffords returned to the House for the first time since she was shot last January, making a dramatic entrance Monday night during a crucial debt vote and drawing loud applause and cheers from colleagues. US is 'parasite' on global economy, Putin says Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy. Analysis: Debt deal sets up tax fight If Congress passes the debt ceiling deal by Tuesday, as expected, it could trigger a battle over tax reform within weeks and turn Washington once again into a dateline for deadlock. Debt deal puts off major changes to the future A tentative deal to raise the debt ceiling and cut spending by trillions of dollars over the next decade could have a significant impact on Americans' lives -- sometime down the road. GOP lawmaker likens Obama policies to 'tar baby' When Colo. lawmaker Doug Lamborn was asked about the debt ceiling talks, he responded by saying, "Now I don't even want to have to be associated with [Obama], it's like touching a tar baby and you're stuck, you're part of the problem now." Copyright 2011 msnbc.com RSS URL: http://rss.msnbc.msn.com/id/3032552/device/rss/rss.xml

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