The federal budget deficit will shrink for the next several years, giving US 'some breathing room,' says CBO Director Douglas Elmendorf. A chief obstacle to deficit reduction? The public actually likes the benefits it gets, he says.
Rep. Steve Israel, chairman of the Democratic Congressional Campaign Committee, on Tuesday predicted that a potential US strike against Syria would have limited impact on the 2014 elections. Here's why.
Energy Secretary Ernest Moniz says US won't be insulated from oil-related security issues, even if shale oil boom makes it world's largest oil producer. Price sensitivity of oil in the global market is a reason.
The Department of Energy aims to push down costs for all low-carbon energy technologies, not prioritize one fuel over another, Energy Secretary Ernest Moniz said Thursday. The coal industry complains that the Obama administration is anti-coal.
President Obama can use executive action and the bully pulpit, pointed out Dan Pfeiffer and Gene Sperling at a Monitor breakfast. Another topic at the breakfast was the president's pending decision on the next Fed chair.
Sen. Carl Levin (D), chairman of the Senate Armed Services Committee, believes military sexual-assault cases should remain under the control of the chain of command. Many in his party disagree. What's his rationale?
The Michigan Democrat frames in vivid terms the potential for abuse of the NSA phone-surveillance program, invoking the memory of J. Edgar Hoover and his secret FBI files on public officials. But the program has pluses, too, says Sen. Carl Levin.
The Internal Revenue Service may need to be restructured after the agency was found improperly targeting conservative groups seeking nonprofit status, say Rep. David Camp (R) and Sen. Max Baucus (D), chairmen of congressional tax-writing committees.
The chairmen of congressional tax writing committees say the Internal Revenue Service may need to be restructured after the agency was found improperly targeting conservative groups seeking non-profit status.
Sens. Michael Bennet (D) and Jeff Flake (R), two of the Gang of Eight immigration reformers, said Wednesday there's room to amend the immigration reform bill to include some things conservatives want without sacrificing Democratic votes. Other 'gang' members are more worried.
Sens. John McCain (R) and Charles Schumer (D) help craft the immigration reform bill the Senate is now weighing. Americans will support it if they trust that enforcement is robust enough to prevent a 'future wave' of illegal entries, the senators say.