| Jan 17, 2015
| 7:02 PM
President Obama, keeping up a push for what he calls tax fairness, plans to unveil a new package of tax proposals that target inherited assets, capital gains and large financial firms to pay for billions in new tax benefits for low- and middle-class...
| Dec 31, 2014
| 6:43 PM
The economy boomed through most of last year, a time when the nation's capital was devoid of major budget fights and threats of government shutdown.
Economists worry, though, that the accelerating recovery could soon slow down with new standoffs in...
| Dec 31, 2014
| 5:24 PM
That was some roller coaster in politics, 2014 was.
A sure-bet Senate election turned squeaker. A dance on the edge of a fiscal cliff over the state budget. A special session on the Medicaid expansion standoff that ended up … a standoff.
| Dec 13, 2014
| 4:00 AM
The trillion-dollar spending bill that the House of Representatives passed last week had something for everyone to hate. But it was still a step, however awkward, toward making the United States governable again. What was not to like? Plenty. Tea party...
| Dec 2, 2014
| 9:00 PM
Memories are short in Washington, D.C.
Consider that two years ago, President Obama and congressional leaders were struggling to hammer out an agreement to reduce deficit spending but avoid the fiscal cliff, when a massive tax increase would kick in....
| Dec 6, 2014
| 10:00 AM
Standing at a Chevron station in Long Beach, Teresa Gutierrez wished she was pumping fuel into a gas-sipping hybrid instead of her hulking GMC Yukon.
She was nevertheless cool to the idea that the state might start raising money for highway repairs by...
| Nov 6, 2014
| 7:55 PM
Compton leaders disputed the results of a think tank's study released Thursday that concluded the city is the most financially distressed in California.
Two other Southern California cities, Maywood and San Fernando, also had the dubious distinction...
| Jul 18, 2014
| 3:17 PM
The band-aid fix that the U.S. House of Representatives has applied to the dwindling federal highway trust fund is a disappointment and an embarrassment.
The fund, largely supported by the federal gas tax, is nearly broke, in large part because the 18....
| Aug 15, 2014
| 2:21 PM
RICHMOND – Gov. Terry McAuliffe went before state legislators Friday to deliver some expected bad news: Virginia's budget needs a bit more cutting.
The state missed its projected revenue figures in the last fiscal year, and the sluggish economic...
| Aug 2, 2014
| 5:00 AM
The emergency immigration bill House Speaker John A. Boehner initially proposed last week was never going to become law — and he knew it. President Obama had already promised a veto, so the bill was mostly a political message, designed to show...
| Dec 30, 2013
| 2:11 PM
It’s great to be back in the saddle, except that at this time of year most of the people who make news are on vacation. There’s no fiscal cliff, no sequester, no outrageous comments from tea party politicians to ridicule. Even Fox News...