Economy Jan 19 Tax cuts help increase budget deficit to $544 billion this year WASHINGTON — A government report released Tuesday estimates that this year's budget deficit will rise to $544 billion, an increase over prior estimates that can be attributed largely to tax cuts and spending increases passed by Congress last month.
Economy Jan 12 Senate rejects Rand Paul’s ‘Audit the Fed’ legislation The Senate on Tuesday blocked legislation calling for tougher audits of the Federal Reserve.
Politics Dec 18 House passes bill to fund government The House has passed a $1.14 trillion spending bill to fund the government through next September. It's a peaceful end in the House to a yearlong struggle over the budget, taxes, and Republican demands of President Barack Obama.
Politics Dec 08 Short-term spending bill needed to prevent shutdown, Ryan says WASHINGTON — Speaker Paul Ryan says the House will pass a short-term bill to prevent the government from shutting down this weekend.
Politics Dec 02 Budget talks hit snag over environmental issues, refugees Talks on a massive, government-wide spending bill have hit a snag as Republicans press demands for policy provisions on the environment, regulation of the financial services industry and making it more difficult for Syrian and Iraqi refugees to enter the…
Politics Nov 30 Congress returns to looming deadlines on budget, highways WASHINGTON -- Lawmakers are returning to Capitol Hill to wrap up work on the budget, highway spending and taxes, an end-of-the-year stretch that will test the standing of Republican leaders like House Speaker Paul Ryan with the GOP's tea party…
Politics Oct 30 Congress sends budget and debt deal to Obama WASHINGTON — Legislation sparing the country the specter of a catastrophic default and partial government shutdown is ready for President Barack Obama's signature after the Senate passed it by a comfortable margin.
Economy Oct 26 Everything you need to know about the federal debt limit With one week to go, Congress must act fast and come up with a way to raise the federal borrowing limit or face an unprecedented government default.
Politics Oct 10 Boehner’s presence could help avoid government default Speaker John Boehner wants out. He really does. But the Ohio House Republican is staying put, for now - and that could improve the chances for a debt limit increase by early next month to avoid a market-shattering government default.
Politics Sep 30 Senate approves temporary spending bill to avoid government shutdown WASHINGTON — A temporary funding measure that would keep the government open past a midnight deadline easily sailed through the Senate on Wednesday and was expected to make its way shortly through a divided House and on to President Barack…