(CNSNews.com) - The federal government taxed away more money, spent more money and ran a bigger deficit in the first half of fiscal 2015 than it did in the first half of fiscal 2014, according to the Congressional Budget Office.
"What the Great Recession has shown is that things have fundamentally changed," The White House warned this week and, as Bloomberg reports, states would have to cut spending or raise revenue by a combined $21 billion .....
There is a growing movement among limited-government activists who believe that a Constitutional Convention could solve many of America's balanced budget problems.
On Thursday, a federal judge ruled that California must provide and pay for a sex change operation to a transgender inmate, because to deny the surgery would violate the inmate's constitutional rights.
The Future of Freedom Foundation and Young Americans for Liberty present a one-day conference on the campus of The University of Texas at Austin at the LBJ Auditorium in the Lyndon B. Johnson Library on Saturday, April 11, 2015, that will address the
The 2016 Republican nomination contest spilled onto the Senate floor Thursday, turning a marathon budget debate into a battle over which candidate is prepared to lead the country at a time of war.
And so, a little over a year after the last debt ceiling melodrama, in which the US kicked the can on its maximum borrowing capacity to this Sunday, March 15, in the meantime raking up total US public debt to $18.149 trillion...
Treasury Secretary Jack Lew warned Congress that the U.S. will hit its statutory debt limit on March 16, setting up another potential showdown between lawmakers and the White House over spending.
The town of Woodworth, Louisiana is in hot water. Police officers were caught on dashcam video shaking down innocent motorists during a traffic stop, and the state's second highest court wants the city to pay for it.
The reform bill didn't ask for much: just a conviction to go with every seizure. But that was still too much for Mead, who still carries inside him the beating heart of a long-term prosecutor. To him, these means are perfectly acceptable
Thomas Williams, a 72-year-old cancer patient in Michigan decided to use medical marijuana to alleviate his symptoms. Patients can grow up to 12 plants at a time, so when Williams noticed a couple of his plants were dying, he
On Friday, Prime Minister Alexis Tsipras backed down on nearly every promise made to the Greek electorate except one, to stay on the euro. After so much tough rhetoric, the question is why?
An Iowa widow is charged with a crime and had nearly $19,000 seized from her bank after depositing her late husband's legally earned money in a way that evaded federal reporting requirements.
Ecuador bonds have defied the slump in oil prices with a solid rebound, and this year the sovereign could pay principal on one of its maturing global issues for the first time ever.
President Obama sent Congress a record $4 trillion budget that would boost taxes on higher-income Americans and corporations and eliminate tight federal spending caps to shower more money on both domestic and military programs.
Having just written that Greece needs Spartans in order to prevail over its creditors and the EU, the new Greek government is showing signs of being Spartans.