| Mar 8, 2013
| 1:52 PM
When Congress and the White House failed to make a deal on budget cuts March 1, sequestration went into effect, requiring federal agencies to identify $85 billion in required cuts.
The looming reductions, which will be spread across agencies —...
| Mar 5, 2013
| 12:29 PM
After bumping our heads on the debt ceiling, then teetering on the fiscal cliff, we are now threatened with something called sequestration. Had anyone even heard that word before a few months ago? Can anyone define it?
Around these parts, it's all too...
| Mar 25, 2013
| 4:45 PM
With Jos. A. Bank Clothiers Inc. likely poised to announce year-end and fourth-quarter results this week, investors and analysts wonder just how bad it will be.
So far this year, stock in the Hampstead-based men's apparel chain has sat out the stock...
| Dec 31, 2013
| 5:34 PM
WASHINGTON — A 6-year-old tax break for struggling homeowners who won reductions in their mortgages has expired, alarming housing advocates and lawmakers who said it still was needed despite the real estate market rebound.
Enacted by Congress in...
| Jan 6, 2014
| 12:37 PM
WASHINGTON -- U.S. Rep. Jim Gerlach, a moderate Republican from southeastern Pennsylvania, announced Monday that he will retire this year, the latest in a string of congressional Republicans not seeking reelection in 2014.
Gerlach, who has served six...
| Jan 21, 2014
| 8:22 PM
Former U.S. Treasury official Neel Kashkari announced Tuesday that he is running for governor, arguing that the status quo is failing millions of Californians and staking his campaign on his ability to create jobs and improve public schools.
| Aug 23, 2013
| 11:00 AM
Sen. Pat Toomey will hear from Pennsylvania voters with once-a-day public townhalls for four consecutive days next week, the first such forums since taking a highly publicized stance on the guns issue this spring.
Toomey, a Republican, will be travel...
| Sep 3, 2013
| 5:23 PM
SCHWENKSVILLE, Pa. — Engineers think that three of the bridges closest to Dave Wisler's home are about ready to collapse.
One, a picturesque one-lane structure built in 1893, became so perilous it was closed last summer, and the county doesn't...
| Sep 17, 2013
| 7:00 AM
WASHINGTON -- As the nation fast approaches its debt limit, Treasury Secretary Jacob J. Lew on Tuesday issued his strongest warning yet to Congress about the economic consequences of waiting until just before the deadline to pass an increase.
| Sep 17, 2013
| 9:35 AM
WASHINGTON – The federal deficit has shrunk to its lowest level since 2008, when President Obama won election at the start of the Great Recession, and is on track to decline even more thanks to an improving economy, higher taxes on the wealthy and...
| Apr 11, 2013
At a Republican presidential debate in 2011, all eight candidates on the stage said they would reject a budget deal that raised taxes even if it had $10 of spending cuts for every dollar of tax increases. At Tuesday's protest, I put the reverse question...