(CNN) - With another big deadline looming this summer over raising the limit on how much money the government can borrow to pay its bills, Washington could find itself embroiled in new fiscal gridlock.
If talks on the so-called debt limit falter, the government could default on its obligations. That could lead to a series of financial and political consequences.
(CNN) – Now that Chuck Hagel has been nominated for defense secretary, the former Republican senator from Nebraska faces what many expect to be an uphill battle for confirmation in the Senate.
Hagel took quite a pounding from some senators and independent groups on both sides of the aisle in the days before last week's announcement, with many of them taking issue with some of Hagel's positions and comments dealing with Iran, Iraq and Israel in particular.