Latest local news, weather and high school sports from Amarillo

Thursday, January 10, 2013  Erskine Bowles, co-chairman of the U.S. deficit commission, calls failure to agree on a plan to reduce the national debt "the most disappointing thing in my life."

Saturday, November 10, 2012  Obama calls for wealthy to pay more in taxes, says nation supports his position

Friday, March 23, 2012  When student loan debt exceeded the total outstanding credit card debt in the U.S. for the first time in 2010, some decided something needed to be done.That's why U.S. House Representative Hansen Clarke of Michigan decided to propose the Student Loan Forgiveness Act.

Thursday, November 17, 2011  Stalemated debt-reduction panel members casting blame more than trying to resolve differences

Thursday, August 11, 2011  Congress' supercommittee faces warring pressures to follow party ideology, find big debt cuts

Monday, August 01, 2011  Dow futures up more than 100 points after Obama, Congressional leaders say they have debt deal

Thursday, July 21, 2011  Progress scarce as debt limit impasse continues and potential government default looms

Tuesday, July 19, 2011  House to vote on tea party-backed debt plan that's doomed in Democratic-controlled Senate

Friday, July 15, 2011  Debt face-off shifts to Congress; Obama offers 3 options as Senate leaders mull their own deal

Tuesday, July 12, 2011  White House talks continue, but Obama and Republicans appear trapped by inflexible rhetoric

Monday, July 11, 2011  Updated with AP video: Despite resistance, Obama says he will push for largest deficit deal possible

Monday, July 11, 2011  Obama, congressional leaders to meet again as clock ticks on debt talks

Saturday, December 04, 2010  A plan designed to reduce the nation's deficit has failed to garner enough support to be advanced to Congress.

Wednesday, December 01, 2010  Deficit commission to begin debate on co-chairs' plan, including Social Security benefit cuts

Friday, July 23, 2010  The new estimates paint a grim unemployment picture as the economy experiences a relatively jobless recovery. The unemployment rate, presently averaging 9.5 percent, would average 9 percent next year under the new estimates.