By Susan Ferrechio | 04/07/14 05:40 AM
The House this week will vote on a ten-year Republican budget plan while the Senate debates a bill that Democrats believe will lead to more equal wages for male and female workers. Neither bill has a shot of ever clearing Congress, but both parties are looking to appeal to their base by...
By Associated Press | 04/05/14 04:01 PM
President Obama says the Republican budget proposal would shrink opportunity and make it tougher for hard-working Americans to get ahead.
By Zack Colman | 04/03/14 04:17 PM
There was sound, but little fury, from House Republicans on Thursday after the Energy Department announced it would reopen a clean energy loan program derided by conservatives. During the 2012 election, "Solyndra," the failed solar panel-maker that received a $535 million federal loan...
04/03/14 03:46 PM
WASHINGTON (AP) — Wind farms, NASCAR tracks and filmmakers would keep their treasured tax breaks as part of an $85 billion package of temporary tax cuts passed by a key Senate committee Thursday. Some U.S. firms with foreign income would be winners too after Senate Finance Committee Chairman...
04/03/14 02:30 PM
WASHINGTON (AP) — Two days after he was defeated in his bid for a second term, District of Columbia Mayor Vincent Gray has proposed a $10.7 billion budget for the upcoming fiscal year. The proposal includes funding for many of the initiatives Gray has announced in recent weeks, including new...
04/03/14 12:45 PM
AUGUSTA, Maine (AP) — Gov. Paul LePage maintained his hands-off approach in this year's supplemental budget process right up to the end when he let the bill go into law without his signature. The measure closing a $40 million budget gap this fiscal year and an $18 million shortfall in the one...
By David M. Drucker | 04/03/14 05:27 AM
In rolling out his fourth spending proposal as House Budget Committee chairman, Wisconsin Rep. Paul Ryan returned to a familiar Republican theme -- one that underscores a political vulnerability and reveals a lingering frustration. Particularly on the issue of health care, but also on jobs,...
04/02/14 11:15 PM
WASHINGTON (AP) — A budget plan stuffed with familiar proposals to cut across a wide swath of the federal budget breezed through the House Budget Committee on Wednesday, but its sharp cuts to health care coverage for the middle class and the poor, food stamps and popular domestic programs are...
04/02/14 05:00 PM
ALBANY, N.Y. (AP) — New York's new budget will cut business and estate taxes over the next several years, lowering the corporate tax rate to 6.5 percent in 2016 while raising tax exemptions for inherited wealth by about $1 million annually to $5.25 million in 2017. With the Cuomo...
By Rebecca Berg | 04/02/14 04:30 PM
On the heels of a new federal budget plan unveiled Tuesday by Republican Rep. Paul Ryan, Democratic Congressional Campaign Committee Chair Steve Israel is predicting the proposal "will be the defining issue in the midterm elections."
By Charlie Spiering | 04/02/14 10:30 AM
On "Fox and Friends" Wednesday morning, House Budget Committee Chairman Paul Ryan, R-Wis., responded to former Republican vice presidential candidate Sarah Palin's criticism of his new budget proposal as a "joke."
By Andrew Taylor | 04/02/14 08:19 AM
House Republicans are pressing ahead with a slashing plan to try to balance the budget within 10 years, relying on big decreases in health care programs for the middle class and the poor, as well as tax hikes and Medicare cuts engineered by President Barack Obama.
By Meghashyam Mali | 04/01/14 12:07 PM
The White House on Tuesday quickly panned the new budget proposal from Rep. Paul Ryan, R-Wis., saying it would slow the nation's economic recovery and hurt the middle class. “To build real, lasting economic security for the middle class, the President and Democrats in Congress have a plan to...
By Joseph Lawler | 04/01/14 11:14 AM
The Republican budget released Tuesday morning by House Budget Committee Chairman Paul Ryan includes projections that count on added revenue from faster economic growth -- a method often referred to as “dynamic” scoring.
By Susan Ferrechio | 04/01/14 10:31 AM
Rep. Paul Ryan on Tuesday raised the curtain on his ten-year budget blueprint, unveiling a plan that balances the budget, reforms Medicare and Medicaid and simplifies the tax code.
By Susan Ferrechio | 04/16/14
By Byron York | 04/17/14
By Ashe Schow | 04/15/14
By Joel Gehrke | 04/15/14
By Byron York | 04/15/14