A group of House Democrats warned that they will vote against any deal that includes cuts to Medicare, Medicaid and Social Security.
Sarah Palin wrote in a Facebook post that went viral on Tuesday that the U.S. government is stockpiling bullets in order to fend off any "civil unrest" that may result from the ongoing economic troubles facing Americans.
As the sequester looms, even Republican voters would prefer cuts to the once-hallowed defense budget.
The expiration of the U.S. payroll tax cut likely left consumers with 3.5% less personal disposable income in January.
China's government has rolled-out new tax reforms hoping to alleviate the nation's growing wealth gap while paving a path for sustainable economic growth.
Most Americans have banked less pay this month because of the end of the payroll-tax cut, and some who backed the president say they feel duped.
The report revealed a lackluster labor market, flat unemployment and a holiday shopping season that may have been a dud. What's the Fed to do?
U.S. Senate leaders were hammering out a last-minute deal to avoid the "fiscal cliff" on Monday, but it's unclear if lawmakers will back it.
The GOP majority's determination to shield millionaires at all costs may push John Boehner off a cliff, too.
The impending crisis cuts has been simmering for months. Now it's reaching a boil. Merry Christmas!
Maybe others have lost all hope for a fiscal-cliff deal, but House Speaker John Boehner, despite his Plan B failure, has not.
President Barack Obama has agreed to curtail future cost-of-living hikes for Social Security and softened his demand for higher taxes on the rich in talks to avoid the ‘‘fiscal cliff,’’ people familiar with the talks said.
In one of our most recent presidential debates, the candidates argued over why it's in the best of interest of the United States to support the idea that cars destined to be sold in China need to be built in China.
The ideological divide is huge: If the two sides don’t compromise on fiscal issues, major damage will be inflicted on the U.S. and global economies.
The most feasible budget deal is one that spreads tax increases and spending cuts out over a longer time period.
Sans the hysteria, the U.S. budget situation is like a living room getting cooler, not a "fiscal cliff."
Right now, the hunt is on to find the “bad guy” in the story -- the villain who is making it too easy for people to get benefits.
The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.
The 2013 budget, penned by Rep. Chris Van Hollen, would institute the Buffet Rule, while suspending emergency war funding and Bush-era tax cuts.
The weeks before the Union budget are days of wishful thinking for the common man. It is always the expectation that the threshold and tax exemption limits will be increased. This year is no exception, and the common man would definitely be happy if his wishes are met.
The nonpartisan Governmental Accountability Office said Tuesday Congress and the Obama administration should find ways to cut down on federal programs across agencies that overlap with each other.
A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.