12/02/13 11:05 AM
When the first round of sequester-related budget cuts hit in March, agencies sought help from Congress, juggled funds and resorted to bookkeeping gimmicks to cushion the impact. Those options will be harder to come by if a second round of sequester cuts strikes early next year, a liberal-leaning...
12/01/13 12:46 PM
Since the end of World War II, more than a dozen high-profile bipartisan panels have been convened to tackle the nation's thorniest fiscal problems. Seldom have their recommendations spurred congressional action. Their ambitious, high-octane reports and recommendations are mostly gathering...
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 David M. Drucker | 11/18/13 11:50 AM
Senate Minority Leader Mitch McConnell has reasserted his leadership on Capitol Hill, with the Kentucky Republican's aggressive maneuvering to end the October government shutdown reversing months of caution as he geared up for re-election.
By Joseph Lawler | 11/14/13 10:36 AM
The U.S. government has saved more than $1 trillion in debt since 2007 because of the actions taken by the Federal Reserve to stimulate the economy, a new report from the McKinsey Global Institute finds. By keeping short-term rates near zero and engaging in large-scale asset purchases known as...
By Bloomberg News | 11/13/13 04:37 PM
The U.S. budget deficit last month narrowed more than economists forecast as rising employment contributed to the strongest October revenue on record.
By Associated Press | 11/13/13 09:29 AM
As a Republican, freshman Rep. Ted Yoho of Florida cares about the Republican Party's Image and fate. But what he especially cares about is a tiny sliver of the GOP: about 22,000 primary voters who lean heavily conservative and who secured his spot in the House.
By Joseph Lawler | 11/11/13 02:56 PM
American Action Forum President Douglas Holtz-Eakin is pushing back against complacency over deficits this week and calling for renewed attention to the problem of the United States’ long-term debt.
By Joseph Lawler | 11/08/13 10:14 AM
The U.S. gained 204,000 jobs in October, the Labor Department announced friday, as the unemployment rate ticked up to 7.3 percent in a jobs report tainted by the government shutdown. The October unemployment rate was slightly inflated by the government shutdown, the Bureau of Labor Statistics...
By Brian Hughes | 11/07/13 04:10 PM
The Obama administration on Thursday released a report showing that federal employees who did not work during the government shutdown were paid $2 billion. The Office of Management and Budget report found that government employees were furloughed for a total of 6.6 million days, eclipsing any...
By Charlie Spiering | 12/04/13
By Paul Bedard | 12/04/13
By Byron York | 12/03/13
By Paul Bedard | 12/04/13
By Noemie Emery | 12/04/13