Congress Moves to Finally Approve 2013 Budget
Congress is finally cleaning up its unfinished budget business for the long-underway 2013 budget year with a bipartisan funding bill -- but stark differences remain.
government shutdown
Fiscal Cliff Deal Leaves Much of the Budget Crisis Still Hanging
The fiscal cliff compromise on taxes leaves critical issues of borrowing, spending and budget cutting unaddressed, and lawmakers have given themselves only two months to settle their differences. Here's a look at what's been resolved and what they left hanging.
Ryan's Proposed Budget: The Numbers Don't Add Up
U.S. Rep. Paul Ryan promises his proposed 2012 federal budget is the solution to America's money woes. But is the Tea Party favorite's plan based in reality, or does it rely on impossible numbers and fairy tales?
Who Wins and Who Loses If the Government Shuts Down
Unless lawmakers can agree on budget legislation to keep the federal government running, a shutdown at midnight Friday looms. If it happens, there will be a few clear winners, some who break even and a whole lot of losers.
How a Gov't Shutdown Could Affect You
The government appears to be headed toward a shutdown Friday -- and many wonder what exactly that would mean to them.
Will Budget Battle End With a Tax Increase?
Republicans pushing for spending cuts in the 2011 federal budget may be ready to shut the government down to get their way. But is anyone ready to do what it would take to really make a dent in the federal budget: raise taxes on the rich and close corporate tax loopholes?
Nine Reasons Investors Are Nervous Now
Despite a steady six-month rally, lots of investors still haven't jumped back into equities. While plenty of official economic reports say things are getting better, these investors are following other signs -- often closer to home -- that say beware.
GOP Wins Budget Battle, but May Lose Political War
The Republicans are winning this year's budget battle: Discretionary spending will decrease. But this is hardly the time for the GOP to take a victory lap: Next, the GOP will have to lower unemployment and improve the average American's daily life -- two areas where the party has historically come up short.
Congress Passes Spending Bill: GOP Wins First Round of Federal Budget Battle
Right now, everything is coming up roses for the Republican Party: It's won the first round of the budget battle, and if the GOP%u2019s momentum continues, the new federal budget will reflect its spending-reduction priorities, not the Democrats'. Even so, if the two parties can agree on a budget, the greater danger, a potentially market-impacting government shutdown, will have been averted.
The Looming Springtime Shutdown
Here we go again: Congressional Republicans and White House Democrats are engaging in a game of rhetorical warfare over the budget. If the parties don't agree on a plan by March 4, the federal government could close, rattling stock and bond markets.