Congressional Budget Office

By Patrick Temple-West WASHINGTON, May 2 (Reuters) - A group of individuals and businesses filed a lawsuit against the Obama administration's healthcare overhaul on Thursday, hoping to stop the law in states that have not set up new insurance exchanges....

Two of the greatest ironies of living in the richest, strongest nation in the history of the world are how many poor people remain in 21st century America and how vulnerable-as the Boston bombings showed again-we are to evildoers. The two are not...

A flurry of news reports, including one Thursday by my colleague Chad Terhune, has documented an unintended consequence of Obamacare: the decision by some employers to keep fewer full-time workers on the payroll or reduce the hours of near full-time...

Writing down the value of underwater mortgages backed by Fannie Mae and Freddie Mac could save the federal government as much as $2.8 billion, the Congressional Budget Office said Wednesday. An analysis by the CBO estimated that 1.2 million borrowers...

Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...

 Two of the greatest ironies of living in the richest, strongest nation in the history of the world are how many poor people remain in 21st century America and how vulnerable — as the Boston bombings showed again — we are to evildoers....

Congressman John Conyers, D-Mich., recently introduced a bill that would create government-run health care in the United States. This same proposal for a single-payer system has been put forth in every Congress since 2003, and like all of those previous...

WASHINGTON (AP) — Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much talk to the contrary. For...

WASHINGTON (AP) — The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of U.S. households, says a report released Tuesday. The upper 7 percent of...

The talk in Washington and among opinion leaders around the country's budget issues today centers on "balance" and "responsibility." Many conservatives declare that these terms mean that there should be no new revenue, only spending cuts to programs...

WASHINGTON (AP) — The loud, insistent calls in Washington to rein in the rising costs of Social Security and Medicare ignore a major and expensive entitlement program — the military's health care system. Despite dire warnings from three...

The musical "Annie" is enjoying another revival on Broadway. The show opened during the Carter administration, when America was in need of some optimism. "The sun'll come out tomorrow," sang Annie, and with the election of Ronald Reagan in 1980, for a...