• Federal Budget News

House backs variable rate student loans

WASHINGTON (AP) — Dismissing a veto threat from President Barack Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of the financial markets in a vote largely along party lines.

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    • Gen Y OpEd

    The sequester is going to annoy you

    If you think you won't be affected by sequestration, think again. If March 1 …

    • Photos

    Politics in Photos

    Click through to see the political photo galleries.

    • Sequestration Headlines
    Gen Y: Why we’re so cynical

    Gen Y has been called lazy, haplessly doomed and politically apathetic. Why do they feel this way? Short answer: They just don't trust their leaders in

    Congress approves bill to end airport delays

    Congress easily approved legislation Friday ending furloughs of air traffic controllers that have delayed hundreds of flights daily, infuriating travelers and

    Fact check: Did FAA have to furlough controllers?

    The FAA has no choice but to cut $637 million as its share of $85 billion in automatic, government-wide spending cuts that must be achieved by the end of the

    Senate passes bill to end FAA furloughs

    With flight delays mounting, the Senate approved hurry-up legislation Thursday night to end air traffic controller furloughs blamed for inconveniencing large

    Flight delays pile up amid budget cuts

    Normally, there are 10 air traffic controllers at a regional facility handling arrivals for Los Angeles International Airport. On Sunday night, there were

    DC Download: Outcry over Obama's budget

    President Obama's 2014 budget is getting a lot of criticism from all angles, and not all of it is constructive.

    Company You Keep: March 2013

    This month's gallery is filled with trips overseas, March Madness and an occasional soccer ball.

    Gen Y: There's hope for us yet

    According to a new study from the Pew Research Center, young adults are shedding off debt faster than those 35 and older.

    Blue Angels cancel Pensacola NAS practice show

    As they announced the cancelation of a practice exhibition in observance of the Easter holiday weekend, the Blue Angels may have performed their final air show

    House passes plan to avoid government shutdown

    The House has passed a stopgap spending bill that will keep the government running through the end of the fiscal year.

    Gen Y: Gov’t patch jobs are not the answer

    Don’t look now, but we may avert a March 27 government shutdown after all. But at what cost to the American people? OnPolitix contributor Jessica O. Swink

    DC Download: Two plans, one budget

    Two major plans have emerged this week to try to fix the nation’s fiscal follies, and although they both plans call for hundreds of billions in spending cuts,

    Air Force cuts tuition stipends after sequester

    The U.S. Air Force has joined other military branches in suspending tuition assistance that thousands of active-duty airmen rely on to pay for college classes.

    DC Download: The next deadline

    Although life as we know it still exists after the sequester, we now have another reason to look to Washington and expect Congress to play nice. Mark your

    Obama reaches out to congressional Republicans

    President Barack Obama is reaching out to rank-and-file Republicans, hosting GOP senators for dinner at the White House Wednesday night and then visiting

    Too much money spent in Iraq for too few results

    Ten years and $60 billion in American taxpayer funds later, Iraq is still so unstable and broken that even its leaders question whether U.S. efforts to rebuild

    • Sequestration Explainer

    Sequestration: What is it?

    Just a fancy word for massive budget cuts...

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    • New slang - Sequester

    Why you don't care about the sequester

    The “fiscal cliff” is SO two months ago. The new slang is “sequester,” and if …

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