Budget Deficit Up Sharply But Lower Than Last Year's Pace by The Associated Press Mar 13th 2013 7:02AM The federal deficit likely grew sharply in February from January but stayed below last year's pace through the first five months of the budget year.
GOP Proposal Promises Balanced Budget, Repeal Of 'Obamacare' by The Associated Press Mar 12th 2013 12:34PM The latest Republican budget plan generally resembles prior ones, relying on higher tax revenues enacted in January and improved Medicare cost estimates to promise balance.
SEC Charges Illinois With Fraud -- and Settles Immediately by Rich Smith Mar 12th 2013 12:10PM On Monday, the Securities and Exchange Commission published a notice that simultaneously charged the state of Illinois with committing securities fraud and also settled the...
Now That They've Happened, Spending Cuts Seem Here to Stay by The Associated Press Mar 4th 2013 5:00AM So after months of dire warnings, across-the-board spending cuts kicked in. Washington didn't implode, government didn't shut down and the $85 billion budget trigger didn't...
Spending Cuts In Place, Obama and GOP Brace for Next Battle by The Associated Press Mar 2nd 2013 7:00PM Severe spending cuts now the law of the land, President Barack Obama and congressional Republicans placed the blame squarely on each other for any damage the cuts might...
Sequestration Imminent, Senate Rejects Stopgap Efforts by The Associated Press Mar 1st 2013 8:30AM The Senate swatted aside last-ditch plans to block $85 billion in broad-based federal spending reductions Thursday as President Barack Obama and Republicans blamed each other...
Lew Set to Start at Treasury As Budget Cuts Loom by The Associated Press Feb 28th 2013 6:45AM The Senate confirmed Jacob Lew as Treasury Secretary late Wednesday, affirming President Barack Obama's choice of a budget expert at a time when Congress and the White House...