Congress begins budget battle over automatic cuts to Pentagon spending

May 7, 2012
Here's a phrase you'll begin to hear a lot in Congress: sequestered cuts. Today, the House begins debate on how to deal with the debt crisis.

Greece adopts drastic austerity measures

Feb 13, 2012
Overnight, the Greek parliament imposed drastic cuts that will layoff some 150,000 government workers, raise the retirement age and lower the minimum wage by 20 percent. What would the same cutbacks feel like here in the U.S.?

The Greek spending cuts in U.S. terms

Feb 13, 2012
More strict austerity measures were passed in Greece over the weekend. What would the equivalent of the cuts look like here at home?

Protests in Athens over latest proposed cuts

Feb 10, 2012
Greeks are striking again today to protest deep cuts the government wants to make in order to get more bailout money. But even the most recent austerity deal Greece proposed might not be enough.

This week: The Postal Service, the CFPB (non) confirmation

Dec 9, 2011
We talk to one of our Washington reporters about what happened in the news this week.

Defense sector braces for Pentagon cuts

Nov 15, 2011
With the super committee looking less and less likely to succeed, defense contractors are planning for the worst: automatic cuts.

What would you do with an aircraft carrier?

Mar 29, 2011
HMS Ark Royal For sale: One aircraft carrier -- slightly used, DYI opportunity -- courtesy of the Royal Navy. Have you ever wonder...

For public good, not for profit.