| Oct 18, 2013
| 10:38 AM
WASHINGTON -- As Democrats and Republicans prepare for negotiations over the next round of the scheduled budget cuts known as the sequester, incentives for both have swung toward a small deal, rather than the sort of “grand bargain”...
| Oct 18, 2013
| 12:31 PM
Los Angeles city finances have taken a positive turn thanks to tightened fiscal policies and an improving housing market, the city's chief budget analyst said.
A structural deficit of $327 million projected for 2014 has been revised downward to ...
| Oct 20, 2013
Obama and the Democrats won; Republicans and the tea party lost. And both sides are gearing up for next time.
Now that our recent brush with financial crisis is behind us, it's time to start planning for the next one.
That's the problem Congress set...
| Oct 19, 2013
| 5:15 PM
WASHINGTON — The latest federal budget showdown has quickly set the stage for the next one, as Republicans and Democrats have just three months to craft a new agreement to avoid another shutdown crisis.
This time, though, the parties come to the...
| Oct 21, 2013
| 6:05 AM
Donations to the 400 charities in the U.S. that raise the most money are slowing in 2013 after climbing 4% the year before, according to a new report released this morning by the Chronicle of Philanthropy.
The slowdown in post-recession philanthropy...
| Sep 13, 2013
| 11:27 AM
I feel House Speaker John Boehner's pain.
Maybe it's because we're both from Ohio and we were both raised by parents who grew up during the Depression, but I am completely in sync with Boehner on the threat posed by the federal debt. And though we may...
| Sep 17, 2013
| 9:35 AM
WASHINGTON – The federal deficit has shrunk to its lowest level since 2008, when President Obama won election at the start of the Great Recession, and is on track to decline even more thanks to an improving economy, higher taxes on the wealthy and...
| Sep 17, 2013
| 1:08 PM
Two reports came out Tuesday that, just by happenstance, help illustrate why nothing gets done in Washington.
One was the Congressional Budget Office's updated federal budget projections, which predicted that if Congress leaves current law in place --...
| Sep 18, 2013
| 5:53 AM
WASHINGTON -- President Obama will try to enlist help from business leaders in his standoff with congressional Republicans over government spending and a looming vote to raise the debt limit, a White House official said.
At a meeting with the Business...
| Sep 20, 2013
| 2:11 PM
WASHINGTON – After weeks of dealing with hairy foreign policy issues and grave conflicts overseas, President Obama appeared ready to get back to more familiar political territory – a fiscal fight with House Republicans.
Obama, looking feisty...
| Sep 23, 2013
| 11:51 AM
In my Sunday column, I complained that House Speaker John A. Boehner (R-Ohio) seems to have forgotten that one purpose of Congress, especially in an era of divided government, is to negotiate toward compromises without abandoning core principles....