Budget Control Act of 2011

WASHINGTON -- It's never a good sign for a president when he feels compelled to assure the public he still has a pulse. This is the unenviable position President Obama was in Tuesday morning when he held a news conference in the White House briefing...

It seems sequestration began as a political game of chicken between President Obama and Congress in which going over the "cliff" had already been removed as a potential consequence. Both the president and Congress were certain the other would blink,...

* Obama quotes Mark Twain on premature talk of his demise * Says optimistic on immigration reform; budget talks continue By Jeff Mason WASHINGTON, April 30 (Reuters) - With his fight for tighter gun control measures defeated and prospects for a deficit...

With its quarterly revenue and profit faltering, Harris Corp. confirmed Tuesday it plans to eliminate 150 jobs in Brevard County as part of a previously announced restructuring to cut costs. Melbourne-based Harris, the largest high-tech company based in...

The impact of the sequester is hitting Wichita.  Starting tomorrow, the automatic spending cuts to Head Start kick-in.  The program offers free pre-school, child-care, and family services to lower income families. Five-year-old James Bruner has been...

WASHINGTON, April 30 (Reuters) - President Barack Obama on Tuesday said he was continuing conversations with Republican lawmakers on a deficit reduction deal, but that the automatic government spending cuts known as the sequester have slowed U.S. growth...

* Researchers point to recession, loss of stimulus dollars * Funding cut affects class size, teacher training a concern * Wide disparities seen in programs state-by-state By Susan Heavey WASHINGTON, April 29 (Reuters) - Enrollment in U.S. preschools...

What does it require to get members of Congress to take action quickly and decisively on an issue of federal spending? Now we know. The possibility that they will be delayed in an airport terminal somewhere waiting for a flight out of town is apparently...

The furloughed air traffic controllers are back at work, and now the nation's airlines can blame only bad weather for delays in getting you to your destination. The furloughs that began about a week ago — delaying hundreds of planes across the...

WASHINGTON (Reuters) - State and local governments can expect ever-widening budget gaps through 2060, as rising healthcare costs for both citizens and public employees surpass recent improvements in their revenue, the Government Accountability Office said...

U.S. Rep. Bill Shuster, R-Pa., delivered the Republican weekly address Saturday. Shuster represents the Ninth Congressional District, which includes Franklin and Fulton counties. “This week, many Americans had their flights delayed or canceled...

WASHINGTON (AP) — Built to dominate the enemy in combat, the Army's hulking Abrams tank is proving equally hard to beat in a budget battle. Lawmakers from both parties have devoted nearly half a billion dollars in taxpayer money over the past...