john boehner

House Passes Long-Overdue Farm Bill

The House passes a nearly $1 trillion farm bill that cuts food stamps and ends a direct subsidy to farmers, while expanding government-backed crop insurance programs.

Tax Bills for the Rich Approach 30-Year High

With Washington gridlocked again over whether to raise their taxes, it turns out wealthy families already are paying some of their biggest federal tax bills in decades even as the rest of the population continues to pay at historically low rates.

Government Downsizes Amid GOP Demands for More Cuts

Republicans and other fiscal conservatives keep insisting on more federal austerity and a smaller government. Without much fanfare or acknowledgement, they've already gotten much of both. Another round of huge cuts, known as the "sequester," will hit beginning March 1.

House Votes to Defuse Debt Limit Crisis

The House overwhelmingly passed a bill Wednesday to permit the government to borrow enough money to avoid a first-time default for at least four months, defusing a looming crisis setting up a springtime debate over taxes, spending and the deficit.