| Oct 11, 2013
Having acceded once, and disastrously, to the demands of a rump group of tea-party-affiliated Republicans, House Speaker John A. Boehner (R-Ohio) is now actually leading the Shutdown Caucus in the right direction — albeit not very far. On Thursday,...
| 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 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...
| Sep 10, 2013
| 5:00 PM
How do you try to stop House Republicans from doing something counterproductive and, potentially, politically ruinous to stop the 2010 healthcare law?
If you're House Majority Leader Eric Cantor (R-Va.), evidently, it's by proposing something even...
| 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 15, 2013
| 11:17 AM
WASHINGTON -- Under a deal emerging in the Senate, President Obama is poised to claim a clear victory on his demands in the debt-and-shutdown showdown with Republicans -- except, perhaps, the one he wants most.
Although Obama’s frontline goals, as...
| Oct 17, 2013
| 5:51 PM
WASHINGTON — In the grand scheme of the $16-trillion U.S. economy, the nearly three-week government shutdown and standoff over the debt ceiling may not look like much. Analysts estimate the loss at tens of billions of dollars, and reckon that much...
| Oct 17, 2013
House Republicans should consider themselves lucky to have wound up empty-handed after triggering a 16-day government shutdown and threatening to turn the United States into a deadbeat borrower. Had Senate leaders not rushed to the rescue, cutting a...
| Jul 19, 2013
| 6:54 AM
WASHINGTON -- The shrinking budget deficit and improving economy has led Moody's Investor Services to affirm the nation's AAA credit rating and upgrade the outlook for government debt to stable from a negative watch that could have led to a downgrade....
| Jul 30, 2013
| 7:58 AM
JERUSALEM -- As Israeli and Palestinian peace delegates test the waters in Washington, Israeli Prime Minister Benjamin Netanyahu's government cleared a key hurdle at home Tuesday when it adopted a budget that staves off the possibility of a government...