Budget Control Act of 2011

WASHINGTON Anthony Foxx avoided the controversy of other Capitol Hill hearings Wednesday, receiving a mostly warm reception from senators who considered his nomination to become transportation secretary. Foxx probably will get easy confirmation by 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) - 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...

* $967 billion spending cap approved, lowest in a decade * Republicans shifting limited funds toward defense, security By David Lawder WASHINGTON, May 21 (Reuters) - The Appropriations Committee of the U.S. House of Representatives made clear on...

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...

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,...

(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...

WASHINGTON (Reuters) - Three congressional committees and the Department of Justice are investigating the Internal Revenue Service's scrutiny of conservative groups seeking tax-exempt status as the scandal distracts from President Barack Obama's second-...

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...

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 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 (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...