May 20 (Reuters) - U.S. Treasury Secretary Jack Lew on Monday said the Obama administration was suspending investments in the Civil Service Retireme...

While much of Washington was enthralled by Benghazi e-mails and the IRS scandal, House Republicans began quietly planning their strategy for the next ...

The debate over fiscal responsibility has been muddled by the Great Recession; inevitably, perhaps, arguments over long-term fiscal problems have been conflated with debates over short-term recovery programs. Both debates have suffered terribly as a consequence.

WASHINGTON -- The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing t...

BY ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON -- The Republican-controlled House is moving to put U.S. bondholders and people on Social Securit...

When legislation that would have extended criminal background check requirements for gun buyers failed in the Senate two weeks ago, opinion makers beg...

WASHINGTON — Get ready for another debt showdown this summer. House Republicans are preparing for one. The House Ways and Means Committee passe...

WASHINGTON -- House Speaker John Boehner (R-Ohio) laid down a tough requirement for raising the debt ceiling Thursday, all but ensuring a reprise of t...

WASHINGTON -- Senate Minority Leader Mitch McConnell foreshadowed a new fight over the nation's borrowing limit this summer, saying Tuesday that the o...

With the economy showing signs of recovery, it's high time that our federal lawmakers move beyond these self-induced crises and begin to talk about tax reform that can help taxpayers move forward with a clear understanding of how the tax code works and how much they owe.

WASHINGTON -- Severe spending cuts now the law of the land, President Barack Obama and congressional Republicans refused Saturday to concede any culpa...

WASHINGTON -- The U.S. Senate voted Thursday to pass a short-term suspension of the debt limit, warding off another showdown over raising the nation's...

WASHINGTON -- Republicans are casting the latest battle over the nation's debt ceiling as a bid to win certainty in America's budget-making. But to De...

* Most Americans want deficit reduction in near term * Opposition to cuts in education, Social Security, Medicare * Publ...

Sen. Marco Rubio (R-Fla.) criticized the recent vote to temporarily suspend the debt ceiling on Wednesday, claiming that the House of Representatives ...

Considering the destruction the banks have wrought, shouldn't our nation revisit the foolish policy of giving banks the license to create our nation's money, then having our government borrowing that money and paying interest on it?

The House of Representatives on Wednesday will take up the matter of What To Do About The Debt Ceiling, trying once again to resolve a crisis-inducing...

By ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON — With tacit support from President Barack Obama, House Republicans are moving to try to defuse...

BY THE ASSOCIATED PRESS WASHINGTON — Republican officials say the House will vote Wednesday on an increase in the nation's debt limit, a move des...

The U.S. government has never defaulted on its legal obligations. We should make sure that this never happens. That means being careful about the national debt, but it also means not being stupid about a debt ceiling that can simply be raised or removed in order to avoid certain default.

Republicans in the U.S. House of Representatives announced Friday they'll seek a temporary increase in the government's borrowing limit. In return, th...

Moderate Republicanism is a tendency that increasingly defies ideological analysis and instead requires psychological analysis. The psychological mech...

WASHINGTON -- Senate Minority Whip John Cornyn (R-Texas) said Thursday that Congress will raise the debt ceiling, making him the latest in a series of...

WASHINGTON -- Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government's borrowing limit. Yet they're to...

WASHINGTON — Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government's borrowing limit. Yet they'...