By Susan Ferrechio | 09/17/14 01:35 PM
Sen. Joe Manchin is among several Senate Democrats who are likely to vote against the government funding measure that includes authorization for President Obama to arm and equip Syrian rebels to fight Islamic terrorists in the Middle East.
09/17/14 09:15 AM
WASHINGTON (AP) — The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings. The deficit in the current account shrank to $98.5 billion in the...
09/17/14 05:01 AM
WASHINGTON (AP) — The House passed a bill Tuesday night that could make it a little harder for people to use government welfare payments to buy marijuana in states where the drug is legal. Supporters call it the "no welfare for weed" bill. The bill would prevent people from using...
By Susan Ferrechio | 09/16/14 04:30 PM
Before adjourning, both chambers must pass a stopgap funding bill that includes a provision authorizing President Obama to arm and equip Syrian rebels in the fight against the Islamic State of Iraq and Syria.
By Susan Ferrechio | 09/16/14 03:18 PM
The House on Tuesday voted by a narrow margin to advance government funding legislation that includes a provision to authorize President Obama to equip and train Syrians to fight against Islamic terrorists.
By Charles Hoskinson | 09/16/14 02:26 PM
Air Force Gen. Philip Breedlove said he has asked for a review of budget cuts that have led to the decline of forces based on the continent in response to recent Russian aggression against Ukraine and threats to other nations.
By Charles Hoskinson | 09/16/14 06:14 AM
The House appears likely to give President Obama the authority he sought to arm and train Syrian rebels, but without the $500 million he sought to pay for it and with strict controls.
By Susan Ferrechio | 09/15/14 06:16 PM
The House will use a government spending bill as the vehicle to pass a resolution authorizing a U.S. mission to arm and train Syrian rebels against Islamic terrorists.
09/15/14 04:30 PM
RICHMOND, Va. (AP) — Virginia Gov. Terry McAuliffe and Republican lawmakers are planning to fill a $882 million budget shortfall by tapping the state government's rainy day fund and making cuts to various agencies, universities, and local governments. The plan won't affect K-12 school spending...
09/15/14 01:00 PM
DETROIT (AP) — A judge refused to extend a timeout Monday in Detroit's bankruptcy trial after a deal with a major creditor removed another opponent from the city's plan to exit the largest Chapter 9 case in U.S. history. A bond insurer, Financial Guaranty Insurance, said it needs more time to...
09/15/14 11:45 AM
WASHINGTON (AP) — Income inequality is taking a toll on state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released Monday by Standard & Poor's. Even as income for the affluent...
By Joseph Lawler | 09/15/14 11:36 AM
The United States has the third least competitive tax system among developed nations, according to a new ranking of countries' tax codes.
By Joseph Lawler | 09/12/14 12:24 PM
Corporate "inversions" are a problem that President Obama might find intractable, given a corporate tax system that most people agree is outdated and in urgent need of drastic reform at a time when Congress is too divided to fix it.
By Joseph Lawler | 09/10/14 06:33 PM
The Treasury faces a long-term budget hole as rising healthcare, Social Security and interest payments take their toll.
By Joseph Lawler | 09/09/14 02:53 PM
The Empire Center, a nonpartisan think tank in New York, released a report suggesting that New York has lagged behind the rest of the nation in making new millionaires.
By Brian Hughes | 09/22/14
By Byron York | 09/22/14
By Paul Bedard | 09/21/14
By Washington Examiner | 09/22/14
By Kelly Cohen | 09/22/14