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Families on food stamps would suffer while farms get fat
As a member of Congress, Rep. Doug LaMalfa (R-Richvale) is proud to stand up for the principles of limited government and individual responsibility. The first-term congressman expresses skepticism about such safety-net programs as food stamps, regarding...
Tags: Supplemental Nutrition Assistance Program, U.S. House Committee on Agriculture, U.S. Department of Agriculture, Science and Technology, Unemployment Benefits
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IMF warns U.S. not to scale back stimulus too soon
WASHINGTON — Amid speculation that the Federal Reserve soon might start scaling back its stimulus efforts, the International Monetary Fund cautioned that a pullback before next year could hurt economies worldwide. Highlighting its concern Friday,...
Tags: International Organizations, Economic Policy, Labor Markets, Economy, Federal Reserve
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Debt-limit fight heats up with Pay Your Bills measure
WASHINGTON — As Congress readied for a new battle over raising the debt limit, Sen. Barbara Boxer announced legislation that would prevent lawmakers from being paid if they do not increase the nation's borrowing authority. "It is an American value...
Tags: Barbara Boxer, Fannie Mae, Labor Markets, U.S. Senate Committee on Finance, Crime, Law and Justice
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Stop the deficit extremists
The U.S. economy is improving, yet Congress seems still to be in the grip of the delirium that shrinking the deficit in the near term is still a matter of paramount urgency. That's what's prevented lawmakers from dealing with their real task, which is...
Tags: Chuck Hagel, Tea Party Movement, Gross Domestic Product, Public Finance, Economic Indicator
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Standard & Poor's upgrades outlook for U.S. credit rating
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating. The automatic federal...
Tags: Standard & Poor's Financial Services LLC, Public Finance, Ratings, Automotive Equipment, Credit Ratings
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Medicare financial outlook improves, but problems still loom
WASHINGTON — The federal government projected Friday that Medicare's main trust fund would not run in the red until 2026, two years later than projected last year, in part because of slower growth in healthcare costs. Prospects for the Social...
Tags: Kathleen Sebelius, Social Security, Orrin Hatch, U.S. Senate Committee on Finance, Paul Ryan
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How 10 major tax breaks benefit the rich -- and the poor
A new Congressional Budget Office report on the cost and beneficiaries of 10 of the largest federal tax breaks includes one surprising factoid that could make it harder for lawmakers to simplify the tax code by winnowing the thicket of credits, deductions...
Tags: Social Security, Personal Income, Internal Revenue Service, Crime, Law and Justice, Credit and Debt
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Medicare outlook improves as healthcare costs grow more slowly
WASHINGTON — In another indication of the impact of slowing healthcare costs, the federal government Friday upgraded its assessment of the financial health of the Medicare insurance program for the elderly and disabled. Medicare’s main trust...
Tags: Social Security, Kathleen Sebelius, Insurance, Paul Ryan, Patient Protection and Affordable Care Act
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Tax breaks benefit rich households the most, report says
WASHINGTON — Federal income tax breaks disproportionately benefit wealthier households, according to a report issued Wednesday that is certain to become ammunition in the budget battles as Congress debates the best ways to reduce Washington's...
Tags: Health Insurance, Personal Income, Interior Policy, Credit and Debt, U.S. Congress
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Alaska governor launches bid to measure oil in Arctic refuge
For decades, war has been waged over the holy grail of America's Arctic frontier, the Arctic National Wildlife Refuge. The wide coastal plain on the edge of the Beaufort Sea contains stunning populations of caribou, grizzly, musk oxen and other wildlife...
Tags: Regional Authority, Conservation, Upstream Oil and Gas Activities, Sean Parnell, Government
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Boomers need immigrants
The Senate Judiciary Committee took up comprehensive immigration reform late last week. And, as expected, opponents are already rushing to derail it, arguing that any bill that legalizes the vast majority of undocumented immigrants in the United States...
Tags: Crime, Law and Justice, Justice System, Migration, U.S. Senate Committee on the Judiciary, Politics
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Obama budget would cut deficits, report says
WASHINGTON -- President Obama’s proposed mix of tax hikes and spending cuts would reduce future budget deficits more quickly than under current laws, according to a report issued Friday that could rekindle the dormant budget wars in Washington....
Tags: U.S. Department of the Treasury, U.S. Congress, John Boehner, Barack Obama, Paul Ryan
Jun 14, 2013
|Column| Los Angeles Times
Jun 15, 2013
|Story| Los Angeles Times
Jun 12, 2013
|Story| Los Angeles Times
Jun 11, 2013
|Column| Los Angeles Times
Jun 10, 2013
|Story| Los Angeles Times
May 31, 2013
|Story| Los Angeles Times
May 29, 2013
|Story| Los Angeles Times
May 31, 2013
|Story| Los Angeles Times
May 29, 2013
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May 20, 2013
|Story| Los Angeles Times
May 12, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Los Angeles Times
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