Other states are watching Wisconsin's bid to virtually break labor unions as a means of cutting huge deficits. Unions in Wisconsin and beyond see this as a Waterloo moment.
House Speaker John Boehner says 'so be it' if budget cutting puts government employees out of work. In the end, would that help the unemployment rate or hurt it?
In a wide-ranging, unscripted address to business leaders on Long Island, Sarah Palin mixed in Michelle Obama, rising inflation, and her vision of the ideal presidential candidate.
President has made innovation the centerpiece of his push to revive the American economy. He traveled to Silicon Valley Thursday to woo CEOs in the capital of American innovation.
Jerry Brown grated on many Californians when he was governor three decades ago, but his style seems to fit the state's mood well now, as he 'is making frugal fashionable, finally.'
Jacob Lew, director of the Office of Management and Budget (OMB), says Social Security 'is essentially a parallel issue.' But this doesn't mean policymakers shouldn't address its challenges.
Jacob Lew responded Thursday to a report that some senators are working on legislation that would trigger tax hikes and spending cuts if Congress fails to live within spending targets.
Less than a week from Election Day, top candidates in the Chicago mayor's race talk spending freezes and consider bringing a casino to the city.
Wisconsin Gov. Scott Walker wants state workers to pay more for their pensions and health care, while taking away their unions' collective bargaining power. The governor says he has no choice in order to trim a $3.6 billion deficit. But state workers are livid.
Gov. Rick Scott of Florida declines $2 billion of federal money in deciding not to build a Orlando-to-Tampa high-speed rail line. Two other governors have made similar moves. It suggests a rocky road ahead for Obama's $53 billion rail plan in the Republican House.
Former journalist Jay Carney, Obama’s new press secretary, briefed White House reporters for the first time, hinting at a style that was less combative and more inclusive than his predecessor's.
There's still no federal budget for 2011, so House members are trying to come up with a stopgap 'continuing resolution' with billions in cuts. What to cut? House members are making hundreds of proposals this week.
Obama sees a push to innovate as the answer to a stalled economy and falling US status. Critics say staying on the cutting edge is not what ails America.
President Obama's proposed $3.7 trillion dollar federal government budget works some economic magic, from disappearing programs to mystery funding sources. Here’s a look at five key head-scratchers in the 2012 budget:
California cities are adopting 'crash taxes' that fine out-of-town motorists who are found at fault in accidents that require a response from emergency personnel. The fines can exceed $2,700.
Critics complain that President Obama's federal budget doesn't trim entitlement programs like Medicare and Medicaid. But Obama said that reform will come about through bipartisan negotiation.
A report on 'Patronage, Cronyism and Criminality' in Chicago is released in the waning days of the campaign. The next mayor, the authors say, has the power to end the city's scourge.
Critics claim that the federal budget proposed by President Obama does nothing to tackle the structural causes of the deficit. Others counter that the time might not be right to go to battle over the deficit commission's findings.
The Obama budget proposal for 2012 includes significant funding increases for scientific research and science education. But some supporters of an innovation agenda say it isn't ambitious enough.