Mar 25, 2015
The Budget Control Act of 2011 is supposed to cap government spending.
Jan 29, 2015
Spending cuts took a nibble out of the deficit.
Dec 19, 2013
The Joint Strike Fighter -- a new, high-tech jet known as the F-35 -- is way over budget and years behind schedule. Yet Congress has not moved to clip its wings.
Dec 13, 2013
The House of Representatives has passed a budget agreement aimed at avoiding another government shutdown. How will it affect the sequestration?
Dec 11, 2013
The Pension Benefit Guaranty Corporation backs up about 44 million people’s retirements … and it’s got problems.
Nov 18, 2013
Businesses that rely on government subcontract work are wary of budget cuts potentially set for next year, even as they continue to deal with the fallout from last month's partial government shutdown.
Oct 14, 2013
Lawmakers in Washington have until Thursday to raise the debt ceiling.
Sep 25, 2013
Across-the-board budget cuts that would slash the number of ships in the Merchant Marine would end up costing the Navy -- perhaps billions of dollars.
May 24, 2013
Thanks to sequestration, roughly 115,000 federal workers at the IRS, EPA, HUD and OMB get an unpaid holiday. Does anybody really notice that the offices are closed on the first day of the long Memorial Day weekend?