House Minority Leader John Boehner, R-Ohio.

Sen. Bob Corker, a Republican from Tennessee, was in a fine fury Tuesday morning. Speaking on the Senate floor, he blasted Democratic lawmakers for a plan to permanently adjust the Medicare formula used to set payment…

President Barack Obama has asked his Cabinet to find $100 million in spending to eliminate. (Read the AP story here.)

Obama admits that a $100 million reduction in a $3.6 trillion budget is “a drop in the bucket,” but said the…

AP Photo/Charles Dharapak

There are adjectives that describe the $3.6 trillion budget President Barack Obama unveiled last week. Revolutionary is one. Radical is another.

To use one of Mr. Obama’s favorite words, audacious is another.

It is audacious in size, audacious in complexity and…

Congress traditionally avoids controversial issues in the weeks between a presidential election and the Christmas holidays. This year may be different.
Spooked by the economy’s slow response to the $700 billion Wall Street rescue package passed in September and the erratic…

Amid the hoopla of the presidential campaign last week, as candidates were delivering their hopeful economic messages, a dull missive from the government’s bean counters landed with a thud:
The White House Budget Office said it expects next year’s federal deficit to…