Search

Despite Republican claims, the new legislation would be only a modest corporate tax increase, Congress's Joint Committee on Taxation found. After more than a year of trying -- and failing [...]

Senator Joe Manchin of West Virginia seemingly dealt a terrible setback to President Biden's agenda on Sunday, when he told Bret Baier of Fox News that he could not support [...]

IN the years before Donald Trump, various conservatives tried to come up with new ideas for a movement that seemed exhausted and unready for new challenges. Whether we called ourselves [...]

America used to be a country that built for the future. Sometimes the government built directly: Public projects, from the Erie Canal to the Interstate Highway System, provided the backbone [...]

WASHINGTON -- Throughout the tense fiscal deadlock in recent weeks, some of the most powerful forces in Washington, including retirees and defense contractors, largely sat on the sidelines. Now they [...]

Washington THE latest budget proposal by Representative Paul D. Ryan, called ''The Path to Prosperity,'' is anything but. It fails to seriously address runaway government spending, the most pressing problem [...]

The Parliament on Thursday approved the Socialist government's 2013 budget proposal, a rigorous and contested plan to drop the deficit to 3 percent of the gross domestic product with $26 [...]

WASHINGTON -- Last week, a Bangladeshi student was charged in an F.B.I. sting operation with plotting to blow up the Federal Reserve Bank in New York. A Somali-American man was [...]

I've been critical of President Obama's budgets. I've argued that while I like the way Obama preserves spending on things like scientific research and programs for the vulnerable, he doesn't [...]

WASHINGTON -- Republicans in and out of Washington savaged President Obama's proposed budget for the 2013 fiscal year as a broken promise on deficit reduction made worse by a series [...]

WHEN he introduced Alan B. Krueger, his new economic adviser, in the Rose Garden last week, President Obama offered a few hints about his new economic plan. So far it [...]

WASHINGTON - Early in Bill Clinton's presidency, his populist advisers saw their spending plans crash into resistance from Wall Street, which demanded deficit-cutting austerity. ''I used to think if there [...]

Many states are struggling to balance their budgets by curbing spending on Medicaid, a joint state-federal program that provides health insurance for the poor and disabled. They have little choice [...]

Has market turmoil left you feeling afraid? Well, it should. Clearly, the economic crisis that began in 2008 is by no means over. But there's another emotion you should feel: [...]

President Obama tried on Monday to restore the plunging confidence of investors, insisting the United States remains a triple-A country whatever Standard & Poor's might think. It didn't work with [...]

It's hard not to feel a certain contempt for Standard & Poor's in the wake of its downgrade of American debt. Its sole job as a credit-rating agency is to [...]

THE Treasury can cry foul all it wants, but the decision by Standard & Poor's to downgrade America's credit rating by one notch last Friday, and the subsequent plunge in [...]

ALMOST from the moment it was announced, Saturday's enormous prayer rally in Houston drew widespread attention and remarks -- for many reasons. It was championed by Gov. Rick Perry of [...]

ATHENS -- The president of Cyprus, Demetris Christofias, shuffled his cabinet on Friday, but he failed to attract members of the opposition whose support is needed to impose crucial austerity [...]

WASHINGTON -- The two main deficit-reduction plans in the House and the Senate, which would tie cuts in federal spending to an increase in the debt limit, both defer tough [...]

WASHINGTON Just three months ago, for at least a little while, everything felt so different. You were triumphant, the audaciously hopeful gambler who had rolled the dice and vanquished Bin [...]

Imagine you're a member of Congress. You have your own preferred way to reduce debt. If you're a Democrat, it probably involves protecting Medicare and raising taxes. If you're a [...]

These are interesting times -- and I mean that in the worst way. Right now we're looking at not one but two looming crises, either of which could produce a [...]

The House has been frittering away precious time on ideological games, forcing Congress to miss its Friday deadline for an agreement on raising the debt ceiling. Fortunately, there are signs [...]

The first few times I heard House Republicans talk about our budget mess, I worried that they had plunged off the deep end. But as I kept on listening, a [...]

CORRECTION APPENDED WASHINGTON -- No American president since Franklin Delano Roosevelt has won a second term in office when the unemployment rate on Election Day topped 7.2 percent. Seventeen months [...]

Many commentators swooned earlier this week after House Republicans, led by the Budget Committee chairman, Paul Ryan, unveiled their budget proposals. They lavished praise on Mr. Ryan, asserting that his [...]

If we careen over a cliff on Friday and the American government shuts down, hard-working federal workers will stop getting paychecks, but the members of Congress responsible for the shutdown [...]

WASHINGTON -- The fact that Congress remains a spending disagreement or two away from shutting down the government no doubt strikes some as remarkable. But there is another extraordinary aspect [...]

CORRECTION APPENDED LOS ANGELES -- Nobody around here doubts that the pie is getting smaller. With the state facing a $25 billion budget gap, cuts have to come from somewhere. [...]

Jonathan Weber writes a column for The Bay Citizen. Buried in a major new poll on Californians' attitudes toward government is a finding that explains many things: Only six percent [...]

Ross Ramsey, the managing editor of The Texas Tribune, writes a regular column. Got a hole in your budget? Cut spending. Shake the couch for spare change. Raid your savings. [...]

This has been a great month for conversation. The Bipartisan Policy Center and the chairmen of the fiscal commission released big plans for reducing debt and reforming government. This has [...]

Note to the incoming Republican majority in the House: Eliminating government programs that do not exist does not save money. Of the few specific cuts that Congressional Republicans have proposed [...]

Over the past few weeks, millions of parents sent their children off to college. But amid the packing and unpacking (and in some cases, the tears), most probably didn't realize [...]

LAST year's economic stimulus program helped stem a crisis that was poised to rival the Great Depression. That's the conclusion of the nonpartisan Congressional Budget Office, which recently assessed the [...]

PARIS -- The French, like the English, may not like to talk about money, but they have an appalled fascination with it. And with budget austerity in the air here [...]

Christina Nieves's life revolves around a handful of blocks in Brooklyn: Drop off her 4-year-old daughter and 2-year-old son at the Strong Place day care center. Make sure her 75-year-old [...]

TRENTON -- Christopher J. Christie, the first Republican elected governor of New Jersey in 12 years, unveiled a $29.3 billion budget on Tuesday that relies almost exclusively on spending cuts [...]

THE danger of having the government regularly disperse hundreds of billions of dollars is that we can grow careless about how we spend a mere $14 billion. A case in [...]

When President Obama proposed a commission to come up with ways to bring the deficit under control, Republican opposition was summed up by Representative Paul D. Ryan of Wisconsin. The [...]

While Senator Saxby Chambliss, Republican of Georgia, said he was all for slowing federal spending, he has no appetite for the substantial cuts in farm programs proposed in President Obama's [...]

President Obama will send a $3.8 trillion budget to Congress on Monday for the coming fiscal year that would increase financing for education and for civilian research programs by more [...]

IS galloping inflation around the corner? Without doubt, the United States is exhibiting some of the classic precursors to out-of-control inflation. But a deeper look suggests that the story is [...]

WHEN the Obama administration finally unveils its proposal to get the economy on the road to recovery, the centerpiece is likely to be a huge increase in government spending. But […]

As the ranking Democrat and then chairman of the House Budget Committee, Representative John M. Spratt Jr. of South Carolina accused President Bush for eight years of recklessly running up […]

WITH annual salaries that approach and in some cases surpass $200,000, New Jersey's school superintendents have become the latest target of an effort to control spending in a state known […]

Adjusting her campaign to address increased fears of a recession, Senator Hillary Rodham Clinton said Thursday that she would call for quick enactment of a $70 billion emergency spending package […]

W. Richard West Jr., below, the founding director of the Smithsonian's National Museum of the American Indian, spent a quarter of a million dollars of institution money on transportation and […]

Having beaten back most of the Democrats' legislative initiatives, President Bush chided Congress on Thursday for wasteful spending and announced that his budget director would seek ways to reverse some […]