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Obama signs six-month spending bill

Obama signs six-month spending bill

President Barack Obama signed a six-month spending bill Friday that cuts more than $38 billion from the current budget. The legislation averted a government shutdown and was the result of…

Obama: GOP turning America into ‘third world’

Obama: GOP turning America into ‘third world’

President Barack Obama accused his Republican foes of wanting to turn the United States into a “Third World” country Thursday as he rallied support for his reelection campaign. The attack…

Why did a model Marine war vet takes his own life?

Why did a model Marine war vet takes his own life?

Handsome and friendly, Clay Hunt so epitomized a vibrant Iraq veteran that he was chosen for a public service announcement reminding veterans that they aren’t alone. The 28-year-old former Marine…

Obama signs bill rolling back part of health care law

Obama signs bill rolling back part of health care law

President Barack Obama has signed the first rollback of last year’s health care law, a bipartisan repeal of a burdensome tax-reporting requirement that’s widely unpopular with businesses. The bill Obama…

Feds crack down on lenders for foreclosure abuse

Feds crack down on lenders for foreclosure abuse

The federal government on Wednesday ordered 16 of the nation’s largest mortgage lenders and servicers to reimburse homeowners who were improperly foreclosed upon. Government regulators also directed the financial firms…

GOP wannabes pan Obama’s budget plan

GOP wannabes pan Obama’s budget plan

The Republicans vying to challenge President Barack Obama next year are universally panning his budget proposal as political gimmickry and another example of his inability to lead. The likely candidates…

Obama’s plan: Cut spending, tax the rich

Obama’s plan: Cut spending, tax the rich

President Barack Obama coupled a call for $4 trillion in long-term deficit reductions with a blistering attack on Republican plans for taxes, Medicare and Medicaid on Wednesday, laying down markers…

Obama tiptoes around tax hikes

Obama tiptoes around tax hikes

With his striking choice of words, President Barack Obama clearly outlined the greatest perils for Republicans — and for Democrats — in the nation’s high-stakes debate over spending and social…

Budget pact does little to reduce current year deficit

Budget pact does little to reduce current year deficit

A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38…

Treasury Dept. paid law firms without checking bills

Treasury Dept. paid law firms without checking bills

The Treasury Department paid out more than $27 million to law firms overseeing the financial bailouts without requiring detailed bills or questioning the incomplete records that the lawyers provided, a…