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A budget plan by Gov. David Paterson that would plug budget shortfalls by slashing spending and raising taxes on items from sugary soft drinks to iTun...
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The deficit is expected to top a staggering $1 trillion for 2009 fiscal year, reflecting the costs of the Wall St. bailout, weaker tax revenues from t...
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WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi on Monday said a pending economic stimulus package could cost around $600 billion...
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WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi on Monday said she thought an economic stimulus package to be written next month ...
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Illinois Gov. Rod Blagojevich comes to the office to sign a tax-credit bill, as the General Assembly considers way to strip his appointment powers.&am...
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Anyone who wants a peek inside Gov. Rod Blagojevich's head should look back to last year, when the Illinois House voted on his plan for the bigge...
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The ethics panel issued a statement Tuesday saying it had voted to expand an already far-ranging probe into the New York Democrat to examine whether h...
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On the heels of the worst job-loss report in more than 30 years, President Bush on Friday urged Congress to act next week to help the ailing Big Three...
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WASHINGTON (Reuters) - Commerce Secretary Carlos Gutierrez said on Thursday a collapse of the U.S. auto industry would be "devastating", but...
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A national poll suggests that six in 10 Americans oppose using taxpayer money to help the ailing major U.S. auto companies.