Obama calls for spending surge, buoyed by rising economy
By JOSH LEDERMAN and ANDREW TAYLOR Declaring an end to “mindless austerity,” President Barack Obama called for a surge in government spending Thursday, and asked Congress to throw out the…
Government spending
Obama to seek to bust limits on domestic, defense spending
By JOSH LEDERMAN President Barack Obama will seek to bust through spending limits for both domestic and defense programs, the White House said Thursday, negating the effects of across-the-board cuts…
What the credit downgrade to ‘junk’ means for Russia
By NATALIYA VASILYEVA Russia has seen its credit grade cut to “junk” status for the first time in over a decade, a big blow for a country that wants to…
Russia appeals for calm as crisis forces it to cut budget
By JAMES ELLINGWORTH and VLADIMIR ISACHENKOV Russian government officials appealed for calm on Wednesday after predicting budget cuts and a further surge in inflation as the country faces its worst…
Spending bill teeters amid Democratic discontent
By ANDREW TAYLOR Growing opposition among Democrats and persistent opposition from the tea party Republicans has left a $1.1 trillion government-wide spending bill teetering as many lawmakers find more in…
Reid pulls spending bill after spat with GOP
By ANDREW TAYLOR FILE – This June 10, 2014 file photo shows Senate Majority Leader Harry Reid of Nev. speaking on Capitol Hill in Washington. The Senate’s top Democrat has…
Senate bill would double veterans’ health spending
By MATTHEW DALY FILE – This June 10, 2014, file photo shows Senate Majority Leader Harry Reid of Nev. speaking to reporters about veterans health care on Capitol Hill in…
HO– USE REPUBLICANS SIGNAL SUPPORT FOR BUDGET DEAL
By ANDREW TAYLOR House Speaker John Boehner of Ohio, left, joined by House Budget Committee Chairman Rep. Paul Ryan, R-Wis., takes reporters’ questions, on Capitol Hill in Washington, Wednesday, Dec.…