07/16/14 09:45 PM
WASHINGTON (AP) — The GOP-controlled House passed a $20 billion measure Wednesday that would slash budgets for enforcing tax laws and new financial regulations, and a healthy food initiative that's a pet cause of first lady Michelle Obama. The House passed the bill on a nearly party-line,...
07/16/14 08:01 PM
DETROIT (AP) — The Detroit Institute of Arts says it has pledges for about 80 percent of the $100 million it promised toward an effort involving the state of Michigan and major foundations to prevent the sale of art and soften cuts to city retirees during Detroit's bankruptcy. It announced...
By Mark Flatten | 07/16/14 04:09 PM
Even the VA cannot trust its own numbers on delivering health care and processing disability claims, the acting secretary of the agency said as he asked for $17.6 billion in new funding Wednesday.
07/16/14 11:45 AM
WASHINGTON (AP) — If there's anything that can unite Democrats and Republicans in the partisan swamp of Capitol Hill, it's free money. The latest example of free money in Washington is a retread proposal called "pension smoothing" that raises money but doesn't increase anyone's taxes. To some...
By John Stossel | 07/16/14 11:32 AM
"Tea Party members don't think there's a federal role in transportation!" complained Sen. Sherrod Brown, D-Ohio, last week, near the site of a $5.8 million highway project.
07/16/14 10:30 AM
WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities increased their holdings in May to another record high. The Treasury Department reported Wednesday that total foreign holdings rose 0.3 percent to $5.98 trillion, up from $5.96 trillion in April. China, the top foreign buyer of...
07/15/14 05:15 PM
WASHINGTON (AP) — The House has passed a bill that would temporarily patch over a multibillion-dollar pothole in federal highway and transit programs. The vote was 367 to 55. A similar bill is pending in the Senate. The bill cobbles together $10.8 billion by using pension tax changes,...
07/15/14 04:01 PM
DETROIT (AP) — One of the latest weapons helping Detroit in its long battle with blight and vacant houses isn't a super-powered bulldozer or millions of dollars in funding for demolitions. It's a simple mobile app called "blexting" — short for blight texting — that can be downloaded free...
By Sean Higgins | 07/15/14 02:59 PM
On Monday, Detroit is expected to release the results of a vote by the state's retirees on an accepting a "grand bargain" bailout package from Michigan.
By Brian Hughes | 07/15/14 02:20 PM
The White House on Tuesday insisted that it was appropriate to place the blame solely on Republicans for Washington gridlock, even as the GOP moves ahead on a highway-funding bill backed by President Obama.
07/15/14 02:15 PM
DETROIT (AP) — A judge overseeing Detroit's bankruptcy gave the microphone Tuesday to residents and retirees who oppose the city's proposal to cut pensions and other benefits as part of a plan to get solvent again. Hundreds of people have filed objections to Detroit's bankruptcy exit...
By Joseph Lawler | 07/15/14 10:44 AM
The outlook for the federal debt is still grim, the Congressional Budget Office reported Tuesday, and largely unchanged despite the roll-out of Obamacare and a budget deal since its last projection were issued.
07/15/14 01:07 AM
WASHINGTON (AP) — President Barack Obama is pressing Congress to make a long-term commitment to keep highway and transit aid flowing to states, but lawmakers appear headed for a short-term patch to sustain projects through next May. Obama has proposed a $302 billion, four-year transportation...
07/15/14 01:01 AM
DETROIT (AP) — The counting of votes cast by creditors in Detroit's bankruptcy case is a "little complicated," but the city is on track to report results next week, an attorney said Monday. More than 30,000 retirees and current and former workers were eligible to vote on pension changes...
By Brian Hughes | 07/14/14 06:25 PM
The White House signaled support late Monday for a short-term Republican fix to the Highway Trust Fund, backing a GOP bill slammed by Democratic leadership.
By Philip Klein | 07/28/14
By Paul Bedard | 07/28/14
By Byron York | 07/26/14
By Mark Tapscott | 07/28/14
By David M. Drucker | 07/28/14