Leaders of the U.S. Senate and House of Representatives have named nine of the 12 members of a committee that will be expected to find up to $1.5 trillion in savings to reduce the nation's deficit. The White House said Wednesday that President Barack...
Credit can be a friend or a foe. It can be an asset or a liability. If you abuse the privilege, it can ruin future plans. If you find your debts have pile up and you feel out of control, develop a plan to help you solve the problem. Getting out of de...
The Speaker of the U.S. House of Representatives, John Boehner, says he stands ready to cut a budget deal with President Barack Obama - so long as no taxes are raised, leaving deep spending cuts as the sole vehicle to trim Americas massive $1.5-trill...
U.S. President Barack Obama and Republican lawmakers reached a last-minute budget agreement late Friday, averting a potential government shutdown. Less than two hours before the deadline, Democrats and Republicans(共和党) agreed, in principle,...
WASHINGTON, Feb. 14 (Xinhua) -- U.S. base defense budget(预算) -- excluding the cost of the wars in Iraq and Afghanistan -- for the next fiscal year rises to a new record despite a significant(重大的) reduction in overall federal spendin...
LOS ANGELES, Jan. 10 (Xinhua) -- One week after taking office, California Governor Jerry Brown announced a balanced state budget on Monday which slashes state spending by 12.5 billion U.S. dollars. The budget also includes an eight to 10 percent cut...
RIO DE JANEIRO, Jan. 3 (Xinhua) -- Brzilian Planning Minister Miriam Belchior Monday confirmed planned federal budget cut in 2011, but said it is a routine(日常工作). There are curtailments(缩减) every year. About the amount to be cut,...
At 10, Grace Morgan is a young fashionista and takes pains to dress in the latest styles. But her mom, Amy, works part-time and her husband was recently laid off, leaving little room in the family budget for designer-brand clothes. So Grace didn't as...
1. Aides say President Barack Obama was directly involved in discussions on how to respond to a California judge's ruling that the don't ask, don't tell policy is unconstitutional. The president has long opposed the policy but says he wants Congress...
President Obama's chief of staff says there is a political opportunity for the White House to pass a robust new energy bill following the Gulf Coast disaster. NPR's Neda Ulaby reports. Rahm Emanuel, never known for mincing words, says there is a chan...