President Obama announced last week that he would nominate Federal Reserve Vice Chair Janet Yellen to succeed Ben Bernanke as Fed chairman.If confirmed by the Senate, Dr. Yellen is widely expected to continue the policies supported by Bernanke; she is…
Reflecting the sour public mood towards Washington, a panel of experts on the federal budget described themselves Thursday night as worried, puzzled, frustrated and disappointed as the fiscal stalemate dragged on. They faulted top political leaders and other elected officials…
Despite the partial government shutdown, the online health insurance exchanges included in the Affordable Care Act went live last Tuesday, with federal officials reporting heavy user traffic.Sixteen states and the District of Columbia are running their own health exchanges. In…
Lawmakers struggling with the Fiscal 2014 budget will face an even tougher challenge funding the government in future years as interest payments rise to record levels, squeezing other parts of the budget and making it more difficult to quell rising…