Federal Budget | featured news

The Republican-controlled House of Representatives was expected to vote on Friday to choke off funds to carry out President Barack Obama's healthcare reform law, intensifying a fight with Democrats over budget cuts and burgeoning deficits.

The president says Egypt is sending 'the right signals' regarding developing democratic systems and is optimistic on U.S. domestic economic issues.

The Obama administration's proposed 2012 budget will include $1.1 trillion in spending cuts over 10 years.

Republicans now running the House are barely touching Congress' generous own budget even as they take a cleaver to many domestic agencies....

President Obama wants more control over the country's budget, and plans to ask Congress for it this week.

The federal deficit through the first four months of the budget year is running at a record-breaking pace even though the deficit in January was slightly smaller than expected.

The U.S. Senate on Sunday approved $447 billion in spending for several Cabinet departments and other agencies for the 2010 budget year -- money needed to fund the federal government after this week.

Signaling a fading chance for compromise, a leading Republican negotiator on health care legislation on Saturday criticized Democratic legislative proposals as budget-busters that would reroute Medicare spending and restrict medical choices.

Washington Post-ABC News Poll | Public view of president slips on key issues, such as health-care reform, economy and federal budget deficit.

President Obama will propose $17 billion in spending cuts today, less than half of 1% of his budget, including cuts in weapons ...