U.S. House Committee on the Budget

Assemblyman Mike Gatto (D-Silver Lake) joined two other state lawmakers to introduce a measure that would begin the process of nullifying the U.S. Supreme Court's controversial decision that created “super PACs,” which have flooded unlimited...

JEFFERSON CITY, Mo. (AP) — Turns out that cutting was the easy part. Now Republicans who control a majority of the state capitols in the United States face a far greater philosophical dilemma — what to do with all the money when an improving...

WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

WASHINGTON — When it comes to deficit reduction, President Barack Obama may have correctly taken the measure of Alan Simpson and Erskine Bowles and U.S. corporate leaders; that's a reason why any deficit deal is more remote than ever. Two and a...

WASHINGTON -- The budget feud on Capitol Hill is looking like those Vietnam War peace talks when negotiators bickered over the shape of the table. House Republicans, after howling for years about Senate Democrats' failure to pass a budget, are...

VIRGINIA BEACH — U.S. Rep. Scott Rigell, R-Virginia Beach, introduced legislation Wednesdas to repeal cuts to the amount of U.S. food aid required to be carried on U.S. flagged vessels. Along with U.S. Rep. Elijah E. Cummings, D-Md., Rigell is...

Hours before the federal spending sequester began on March 1, when President Barack Obama predicted that "People are going to be hurt," he did not add, Trust me, I'll make sure of it. But he might as well have, as this week's furloughs of air traffic...

The chairman of the U.S. House Budget Committee said Monday he has been warning governors not to count on high federal reimbursement rates for expanding Medicaid coverage to low-income families under President Barack Obama’s health-care reform. U....

Republican Rep. Paul Ryan of Wisconsin, appearing today alongside Chicago Democratic Rep. Luis Gutierrez, said the terrorism events at the Boston Marathon last week have not and should not deter work on immigration reform. After an appearance at the City...

The chairman of the U.S. House Budget Committee said Monday he has been warning governors not to count on high federal reimbursement rates for expanding Medicaid coverage to low-income families under President Barack Obama's health care reform. Rep....

WASHINGTON — President Obama laid out his vision Wednesday for $3.78 trillion in federal spending, unveiling a budget proposal for the next fiscal year that aims to reignite cooled deficit reduction talks while opening negotiations over the fate...

Labor unions representing federal employees reacted angrily to the $3.8 trillion budget unveiled Wednesday by President Barack Obama, who proposed trimming $20 billion from federal retirement benefits — reopening a debate many Democrats felt had...