Congress
  • Tax Cut Extension in Peril

    By ALAN FRAM

    Top House Republicans hope to win rank-and-file GOP support for a measure renewing this year's Social Security payroll tax cut and extending benefits for the long-term unemployed. House GOP lawmakers...

  • Ryan's New Budget Proposals: Zero Chance of Passing

    By Jennifer Depaul, The Fiscal Times

    Republicans on the House Budget Committee Chairman unveiled a set of 10 bills on Wednesday that would change the congressional budget process in an attempt to avert a European-type debt crisis. But...

  • Obama’s Choice for Consumer Agency in Limbo--Again

    President Obama turned to Richard Cordray to head the new Consumer Financial Protection Bureau when Senate Republicans blocked Elizabeth Warren for the post.Now Cordray is caught in political limbo...

  • Deep Defense Cuts Are Unlikely

    Despite worries that the failure of the Super Committee will lead to big spending reductions, military proponents of are working hard to derail the cuts

  • Obama Prods GOP on Payroll Tax Cut

    By DAVID ESPO, Associated Press

    President Barack Obama accepted a move by Senate Democrats to scale back his Social Security payroll tax cut extension on Monday, then prodded Republicans to support it despite a requirement for the...