Crooks Cost Government Billions More In Identity Theft

As Congress makes it easier for taxpayers to collect refunds from the Internal Revenue Services (IRS), scores of crooks have been stealing people's identities, costing the debt-ridden federal government billions of dollars.

US GSA Embroiled In New Spending Scandal

Disclosure of another lavish party thrown by the U.S. government's buildings and procurement agency prompted fresh attacks on Thursday from Republican lawmakers on wasteful Washington spending under President Barack Obama.

Obama Piles More Sanctions On Iran

Congress prepared its own sanctions against Tehran as well, and both the House and Senate will vote on the Iran Threat Reduction and Syria Human Rights Act on Wednesday.

Boehner, Reid Reach Deal To Avoid US Government Shutdown

Democrats and Republicans in Congress reached a deal on Tuesday to fund federal government activities through next March and eliminate any threat of agency shutdowns that could upset voters ahead of the November 6 presidential and congressional elections.

Monsoon Politics: Why It Can’t Rain Reforms In India

India's much-awaited "second wave" of reforms is likely to be delayed due to the dilly-dallying monsoon. Prime Minister Manmohan Singh, who doubles as the finance minister, is expected to hold the crucial policy decisions on allowing the FDI in retail sector and hike in diesel prices until at least the second week of September, Reuters has reported quoting official sources.