Oct 23, 2012 President Obama's debate vow that a trillion dollars in automatic spending cuts “will not happen” took Washington by surprise. Making those words a reality will require a bipartisan deal that has been elusive so far.
May 30, 2012 Commentator Robert Reich says lawmakers need to apply the brakes on automatic spending cuts and tax increases set to go into effect at the end of the year or the U.S. may face a new recession.
Apr 24, 2012 The Social Security Trust Fund will run out of money three years earlier than previously thought in 2033. As for Medicare, that's still on track to run out of cash in 2024.
Apr 3, 2012 A new report from the General Services Administration's inspector general says government officials spent hundreds of thousands of taxpayer dollars on a training conference near Las Vegas -- and the money wasn't only going to binders and bag lunches.
Mar 5, 2012 We're less than six weeks away from tax day, and this year the IRS is gonna have to do more with less when it comes to processing all those returns. President Obama hopes to change that.
Feb 16, 2012 Do Americans agree with President Obama's latest budget proposal? Gallup's editor-in-chief Frank Newport explains what Americans want the government to cut and spend more money on.
Feb 13, 2012 President Obama has published his multi-trillion-dollar budget. Despite it being an election year, Karen Shaw Petrou thinks we should take it seriously.
Feb 13, 2012 In his new budget released today, President Obama said he wants Congress to let the Treasury Department use cheaper materials to mint our coins.
Feb 10, 2012 President Obama unveils his budget for next year on Monday, at a community college just outside of Washington, D.C. But how serious is this executive branch wish list in a gridlocked Washington?