Budget Control Act of 2011

WASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. Chairman Brady, Vice Chair Klobuchar, and other members of the...

WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...

WASHINGTON (Reuters) - The Appropriations Committee of the House of Representatives made clear on Tuesday that automatic spending cuts will be a recurring nightmare for Washington as it passed a measure to sharply reduce funding for government agencies...

WASHINGTON (AP) — The scandals dogging President Barack Obama are a political gift to Republicans, who could use some good luck after recent election losses. It's not clear, however, how Republicans can best capitalize on Democrats' woes,...

I believe it should mean that as a community, we do everything in our power to be there for every child in foster care. The numbers are staggering. There are almost half a million children in foster care. In Broward last week, there were eight children...

(Repeats story with no changes to text) By Jason Lange and David Lawder WASHINGTON, May 20 (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform...

Pummeled in the media and on Capitol Hill because of continuing delays in processing benefits claims, the Department of Veterans Affairs instituted mandatory overtime hours as part of its pledge to resolve by 2015 a backlog estimated at more than 845,...

The Florida National Guard troops were wearing full battle rattle inside their Humvee hunting insurgents in rural Afghanistan when suddenly, from a distance, somebody opened up with small-arms fire, wounding an American soldier. The U.S. troops fired...

WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the...

By Jason Lange and David Lawder WASHINGTON, May 20 (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the U.S. tax system, trim government spending and reform safety net spending programs appear to be...

WASHINGTON — As conferences go, this one was supposed to be pretty standard: a 7,000-person affair at the Orange County Convention Center that — although not among Orlando's biggest shows — still would have brought a $13 million economic...

By Tom Philpott Defense Secretary Chuck Hagel ordered the furlough of 680,000 civilian employees for one day a week, from early July through September, to avoid taking deeper cuts in training and maintenance, which could have degraded readiness to the...