By Ethan Barton | 11/20/13 07:22 PM
Federal inspectors general told Congress they could save taxpayers billions of dollars if they had bigger staffs to investigate waste, fraud and corruption. “Potential savings represent about a $17 return on every dollar invested in the IGs,” Peggy Gustafson, inspector general of the Small...
11/20/13 05:54 PM
Benefits for 1.3 million long-term unemployed people expire just three days after Christmas. Lawmakers say another 1.9 million people would miss out on the benefits in the first six months of next year.
By Joseph Lawler | 11/20/13 03:01 PM
Minutes from the Oct. 29-30 meeting of Federal Reserve officials indicate that they are considering a variety of ways to reduce the central bank's bond-buying program without withdrawing stimulus, including by cutting the rate the Fed offers on reserves.
By Timothy P. Carney | 11/20/13 12:39 PM
As a quick way to demonstrate the jaw-dropping growth of the federal government, conservatives and libertarians like me often point to the growing wealth in the D.C. area. Like a vortex, the federal government sucks in wealth from the rest of the country.
By Associated Press | 11/20/13 09:25 AM
South Carolina expects to have another $440 million in tax revenue next year. The Board of Economic Advisors this week released its first revenue forecast for the coming budget year, The State newspaper reported.
By Associated Press | 11/20/13 09:17 AM
The U.S. government is sending a team of federal officials to help Puerto Rico manage an economic crisis that has spooked investors as the U.S. territory braces for its eighth year of recession.
By Associated Press | 11/20/13 09:16 AM
A surging stock market usually comes with a boom in corporate deal-making. But deals are lagging this year, even as the market notches a series of record highs and is headed for its best year in a decade.
By David M. Drucker | 11/19/13 01:29 PM
Senate Minority Leader Mitch McConnell on Tuesday joined a weekly closed-door meeting of House Republicans to advocate for protecting the sequester spending cuts in the on-going budget negotiations with the Democrats. McConnell, R-Ky., also shared his thoughts on what a Senate Republican...
By Joseph Lawler | 11/19/13 12:05 PM
“I think the whole idea of debt limit reform is something we probably should think about,” Lew said Tuesday, citing the damage to consumer and business confidence that followed this year's and 2011’s political showdowns over raising the statutory cap on U.S. debt.
By Bloomberg News | 11/19/13 10:47 AM
The U.S. Navy’s Littoral Combat Ship lacks the robust communications systems needed to transmit critical data to support facilities ashore, according to an unreleased congressional audit, the latest in a succession of troubles for the $34 billion shipbuilding program. The lightly manned...
By Charlie Spiering | 12/04/13
By Timothy P. Carney | 12/05/13
By Byron York | 12/06/13
By Joel Gehrke | 12/03/13
By Timothy P. Carney | 12/03/13