Politicians hit lethal U.S. aid for new Egypt

| Mar 4, 2013

Politicians hit lethal U.S. aid for new Egypt

Concerned about Egypt’s political instability and the U.S. budget crunch, a growing number of American lawmakers are challenging the wisdom of providing $1.3 billion a year in military aid to Cairo, arguing that the policy is overdue for a wholesale review. Lawmakers say that ...

Stronger economy to weather standoff

Mar 2, 2013

Stronger economy to weather standoff

As economic policy goes, experts say, the automatic spending cuts slated to begin Friday won’t leave a deep scar on the U.S. economy, which is otherwise looking pretty good. They are a fiscal speed bump on the road to economic recovery, which is why ...

Mar 2, 2013

U.S. spending cuts to hurt other nations

The effects of the $85 billion in U.S. government spending cuts that were to kick in Friday will be felt across oceans and could further hurt recession-hit Europe and burden an economically slowing China, shrinking the market for countries that depend on selling things ...

Lew confirmed as U.S. Treasury secretary

Feb 28, 2013

Lew confirmed as U.S. Treasury secretary

The Senate confirms Jacob Lew to be Treasury secretary, affirming President Barack Obama's choice of a budget expert at a time when Congress and the White House are at odds over sharp government spending cuts.

Feb 26, 2013

Is the U.S. near a tipping point for government debt?

by Neil Irwin

How much debt can America handle? The question is one of the most fundamental the nation faces, and the answer should determine how the United States handles the delicate task of reducing budget deficits without walloping economic growth. A new paper argues that the ...

Who is the real John McCain?

Feb 25, 2013

Who is the real John McCain?

by Jason Horowitz

John McCain was excited. It was late January, and the following day, he and a group of bipartisan senators were set to announce their framework for comprehensive immigration reform. He picked up the phone and called an old friend in Arizona. “We got it ...

Families fear immigration overhaul

Feb 25, 2013

Families fear immigration overhaul

If America is a nation of immigrants, it is also a nation of immigrants’ husbands, wives, parents and children — and their brothers, sisters, nieces and nephews too. That could begin to change under legislation being written in the Senate, where the nation’s long-standing ...

U.S. budget cut warnings may prove harsher than reality

Feb 19, 2013

U.S. budget cut warnings may prove harsher than reality

President Barack Obama and congressional Republicans made no progress this past week in heading off $85 billion in budget cuts that automatically start taking effect March 1. Lacking a bipartisan deal to avoid them and hoping to heap blame and pressure on Republican lawmakers, ...