Budget Control Act of 2011

WASHINGTON (AP) — Built to dominate the enemy in combat, the Army's hulking Abrams tank is proving equally hard to beat in a budget battle. Lawmakers from both parties have devoted nearly half a billion dollars in taxpayer money over the past...

VINCENNES, Ind. (AP) — Agencies across Indiana are dropping flood insurance, scaling back on free meals for the elderly and reducing the number of Section 8 housing vouchers they provide as funding shrinks because of automatic federal budget cuts....

Saturday marked the first full day of the sequester. The drastic federal budget slashing plan resulting in $85 billion in across-the-board cuts are coming and they will arrive first at school systems near military bases and on Native American...

WASHINGTON, D.C. – Congresswoman Jackie Walorski (IN-02) and U.S. Senator Dan Coats released the following responses to the President’s State of the Union address: Rep. Walorski's statement: “House Republicans are ready to get to...

Hello, Midshipmen! (Applause.) Well, thank you, Governor O'Malley, for your kind introduction and the great support that Maryland gives this Academy. To Secretary Mabus, Admiral Greenert, General Paxton -- thank you all for your incredible leadership of...

President Barack Obama will travel to Annapolis to speak at the Naval Academy commencement today, addressing the class at a time when the military faces complicated internal challenges the graduating midshipmen will soon inherit. It is the second time...

Think back -- back before we knew that the IRS was unacceptably targeting right-wing groups for scrutiny or that the Department of Justice was unbelievably searching the phone records of journalists. Think all the way back to February, when all anyone...

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...

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...