Sen. Bernie Sanders (I-Vt.) is preparing to introduce legislation that would break up the notorious “too big to fail” banks, The Hill reported Wed...

WASHINGTON -- Jack Lew, President Barack Obama's nominee for Treasury Secretary, maneuvered around questions during a Wednesday confirmation hearing a...

President Barack Obama announced Monday that Jacob "Jack" Lew is replacing Bill Daley as White House Chief of Staff. As the White House's budget di...

A recent White House memo giving chief information officers at federal agencies greater responsibilities to reduce wasteful technology spending presents the latest example of the how too often in government, responsibility and authority don't always go hand in hand.

WASHINGTON (Associated Press)-- It's a microcosm of the budget battling that has consumed Congress all year: The Obama administration wants federal ag...

Federal agency and department leaders should plan for a 5 percent reduction in discretionary spending in fiscal year 2013, and prepare for more cuts -...

WASHINGTON -- President Barack Obama will meet with congressional leaders on Tuesday to discuss funding for the remainder of the fiscal year, with onl...

If I had a nickel for every time I've heard the misleading analogies comparing government finances to that of a family or corporation, I'd have enough money to buy Alan Simpson a cow.

White House efforts to bring Congressional leaders together Thursday to kick off bipartisan budget talks are already hitting a wall: GOP leaders are s...

In a year when the president and the GOP are trying to one-up each other on who can cut deficits the fastest, just guess which three topics are almost never addressed as budget-busters in the media.

Today, the President sent to Congress his budget for the 2012 fiscal year. This document is built around the simple idea that we have to live within our means so we can invest in the future.