White House

Budget Battles

  • Boehner Offers Tax Increase on Incomes over $1 M

    By Thomas Ferraro and Richard Cowan, Reuters

    Mass murder in Connecticut silenced "fiscal cliff" talk on Saturday as the White House and Congress quietly got ready for a final scramble to avert the tax hikes and spending cuts set for the New...

  • Federal Fiscal Pain Trickles Down to States

    By Michael A. Fletcher, The Washington Post

    Just as state governments are healing from the deep fiscal wound inflicted by the Great Recession, they are confronted by the dual threat of reduced federal help and ever increasing health-care costs...

  • How to Shrink the Defense Budget and Come Out Winning

    By William Matthews, The Fiscal Times

    The U.S. military is going to shrink, that much is clear. Whether it will be harmful or helpful is less certain. Shedding unneeded troops, surplus bases and 20th century weapons could be a good thing.

  • The Alarming Corruption of the Think Tanks

    By Bruce Bartlett, The Fiscal Times

    Item: U.S. Senator Jim DeMint (R-SC) resigns from Congress to become president of the Heritage Foundation Item: Former House Majority Leader Dick Armey resigns as chairman of FreedomWorks over $12...

  • Obama Gets a Prehistoric Christmas Gift

    By Reuters

    Researchers have named a newly discovered, prehistoric lizard "Obamadon gracilis" in honor of the 44th president's toothy grin. The small, insect-eating lizard was first discovered in eastern Montana...