House Passes Budget, Averts Government Shutdown
The House has passed a huge stopgap spending bill to keep the government open through the end of September, sidestepping any threat of a government shutdown.
Patty Murray
House Budget Plan Includes Sharp Cuts to Programs for Poor
A familiar budget plan to sharply cut safety-net programs for the poor and clamp down on domestic agencies is cruising to passage in the tea party-flavored House.
Defense Cuts Could Be Inevitable, Says Rep. Randy Forbes
Rep. Randy Forbes, who chairs the readiness panel of the House Armed Services Committee, has a fairly blunt view on the near future of the fiscal cliff talks: "I am fully expecting to see sequestration in some form beginning in January," he told AOL Defense in an exclusive interview. Here's what he thinks that will mean for the U.S. military.
Meet the 12 People Who Have to Fix the U.S. Budget
There has been a pleasant lull in reporting about the debt ceiling and budget debate, but don't let the quiet fool you. Right now, 11 men and one woman are crafting a plan to reduce the federal budget deficit by $1.5 trillion over 10 years. They are the members of the Joint Select Committee on Deficit Reduction -- aka, the Deficit Supercommittee.