Why can i not access my billing information?

When i attempt to buy movies or songs on iTunes I am asked to click on billing information after i have signed in with my apple id. When i do this, however, the same box reappears asking the very same thing no matter how often i sign in with my id and click on billing information. My apple id and payment method are working on my iphone. I can still purchase songs. What do I need to do to enable this on my mac book?

The same thing happens to me on my MacBook Pro. I was able to purchase a song from the iTunes Store yesterday, August 7, 2012, but not today. Unlike claireoh, I was not able to purchase a song using my iPhone either. The same dialog box, asking for my billing information kept on popping up.
I logged into my Apple ID account and made sure my credit card information was correct. I even re-entered my credit card number and the 3 digit security code. I logged in and out of my account in iTunes. I rebooted my MacBook Pro. Nothing worked.
I have several iTunes Gift cards from other countries and was able to buy a song from the Canada iTunes Store without a problem with a different Apple ID.

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