Treasury Secretary Jacob Lew on Monday warned of widespread consequences if the Senate fails to act before Friday on a rescue package for debt-stricken Puerto Rico.
President Obama has signed into law a bipartisan budget bill that avoids national default and sets federal spending through the 2017 fiscal year.
The Treasury Department warns that Congress will need to act by Nov. 3, or the government will be dangerously close to not being able to pay all of its bills.
President Obama on Monday opened his campaign for a $4 trillion budget despite it being given little chance of passing, as Republicans blast the fresh-off-the-presses proposal as a...
President Obama called for an end to "mindless austerity" on Thursday as he announced his desire to end "sequester" spending cuts in his budget for 2015.
The House passed a package of tax breaks Thursday designed to boost charitable donations by seniors, private foundations and procrastinators.
I am not a fan of former U.S. Treasury Secretary Timothy F. Geithner.
Former Treasury Secretary Timothy Geithner claims in his new book that the White House on more than one occasion tried to put words in his mouth or outright asked him to bend the t...
A $2.3 million federal stimulus project at the Veterans Affairs Medical Center in St. Cloud is giving green energy initiatives a bad name.
President Barack Obama on Saturday signed separate measures into law to lift the federal debt limit and restore a cut in benefits for younger military retirees.