| Jun 10, 2014
| 9:05 PM
WASHINGTON In a stunning upset, House Majority Leader Rep. Eric Cantor, R-Va., was defeated Tuesday in a barely watched Republican primary by a little-known challenger who hammered Cantor as soft on illegal immigration and other hot button conservative...
| May 23, 2014
| 1:15 PM
Charles Blahous, one of the public trustees of Social Security, has been on the warpath over how I reported his views on the burning question of whether Social Security contributes to the federal deficit.
This is an important question, because the...
| Apr 23, 2014
In contrast to just a few years ago, you don't hear the shrill cry over the dollar much anymore.
In the early 2000s, during the 2008 financial crisis, and amid the political rancor over the U.S. debt ceiling in 2011, the doomsayers were out in force....
| Jan 23, 2014
| 6:12 AM
In the wake of a new, earlier deadline to raise the debt limit, Treasury Secretary Jacob J. Lew warned lawmakers Thursday that they needed to move quickly to increase the nation's borrowing authority or risk damaging the strengthening economy.
| Mar 24, 2014
| 3:00 AM
WASHINGTON — By most measures, it's been a dire few months for the tea party.
Its candidates stumbled in two Texas primary races. Supporters in Congress failed to block bipartisan deals to increase government spending and raise the debt ceiling....
| Feb 3, 2014
| 8:34 AM
WASHINGTON -- Treasury Secretary Jacob J. Lew on Monday pressured Congress to raise the debt limit well before an end-of-the month deadline, warning that lawmakers risked derailing a potential "breakthrough year for our economy" if they don't act quickly....
| Jan 22, 2014
| 2:10 PM
WASHINGTON -- Congress must raise the nation's debt limit by late February, a couple of weeks earlier than previously projected, because of an expected large outflow of cash for tax refunds next month, Treasury Secretary Jacob J. Lew said Wednesday....
| Feb 11, 2014
| 9:10 AM
WASHINGTON -- Despite recent disappointing job growth, departing White House economic advisor Gene Sperling said Tuesday he remained hopeful the recovery is strengthening.
“I still think there is reason for optimism, though there’s...
| Feb 7, 2014
| 7:38 AM
WASHINGTON -- As the U.S. hit its debt limit on Friday, a leading business group urged Congress to act quickly to raise it to avoid damaging the economy.
The Business Roundtable sent a letter to House and Senate leaders Thursday night warning that...
| Mar 21, 2014
| 6:09 AM
WASHINGTON -- Fitch Ratings on Friday upgraded its outlook for the U.S. AAA credit rating, removing the nation from a downgrade watch after politicians put off another debt limit battle until next year.
The company, one of three major credit rating...
| Feb 7, 2014
| 1:29 PM
NEW YORK -- Stocks rallied about 1% despite the U.S. Labor Department's report showing weaker-than-expected employment growth last month.
Investors appeared to look on the brighter side of the federal government's closely watched barometer of the...
| Feb 10, 2014
Last October, in between arguments over the debt ceiling, the federal government somehow found time to send me an email. My student loan payment was 70 days past due, the message read, so the government had negatively reported me to each major credit...