Republicans' budget plan calls for a deficit of zero by 2025, while President Obama's plan shows a $687 billion deficit in 2025. The gap symbolizes competing visions on the role of government in America’s economic life.
Liberals say a Wisconsin 'right to work' bill weakens unions – and weakened unions are behind the rise in income inequality. Experts don't all agree on that point, but say Wisconsin could be a tipping point for such laws nationwide.
If the Supreme Court rules against the current implementation of subsidies, lawmakers on both sides of the aisle would be hard-pressed to forge a path that would avoid leaving millions of Americans uncovered.
The largest private employer in the US announced Thursday it was raising the pay of 500,000 workers. Wal-Mart's move also raises a broader question: Is momentum building for 2015 to be a better year for US wage growth?
Funding for DHS is scheduled to run out later this month. That deadline was set as part of an effort by Republicans to stand up to President Obama's use of executive action to ease US policies toward illegal immigrants.
The FAA has released an outline of proposed new rules for drones, opening the door to their widening use but putting some sharp limits on how far and how high they can legally fly. Here are some specifics.
Republicans say Social Security’s support for people with disabilities will be 'broke' next year; the Obama budget suggests the system needs only a patch. But both sides agree: Something must be done by 2016.
New York banker Antonio Weiss withdrew from consideration for a top Treasury job, offering a symbolic victory for Sen. Elizabeth Warren and others seeking to limit Wall Street's influence in Washington.
The president's optimistic economic message meshes with recent federal statistics and public opinion polls but still runs the risk of appearing out of touch with millions of workers who are struggling financially.
Nearly 3 million jobs were created in 2014, the Labor Department said Friday – the best jobs performance since 1999. But wages remain stagnant and economists are divided on when they are likely to rise.
Insurance premiums will drop for FHA loans, which account for 15 percent of new mortgages. Lower-cost loans could help more Millennials enter the housing market, but some critics are concerned it could destabilize the housing market.
The House has adopted 'dynamic scoring' of legislation, which would have congressional economists base tax-revenue forecasts partly on how proposed laws might result in faster or slower economic growth.