Budget battle waged over sliver of spending
When Congress takes up President Obama's fiscal 2012 budget proposal, the debate will center on his spending plans and how to pay for them.
The $33 billion that lawmakers want to cut from the budget to avoid a shutdown is small compared to what could be much bigger cuts to come.
When Congress takes up President Obama's fiscal 2012 budget proposal, the debate will center on his spending plans and how to pay for them.
Health care programs for the poor, seniors and disabled are at risk as states make tough budget choices.
Not too long ago, many muni investors could count on third-party municipal bond insurance to back their bonds. But no more.
Republicans pushing to repeal President Obama's health care overhaul warn that 650,000 jobs will be lost if the law is allowed to stand.
The number of Americans needing help to put food on the table is growing, according to city officials and the federal government.
At least a third of the nation's newly elected governors are collecting large contributions to help pay for their inaugural celebrations.
A bipartisan panel's proposal to cut $3.9 trillion from federal deficits left the heavy lifting to President Obama and Republicans in Congress.
State and local government finances continue to slowly improve, but the outlook is cloudy because federal aid will start to shrink in June.