President Obama last week praised White House Chief of Staff Jack Lew, his nominee for Treasury secretary, as someone who has his “complete trust” and has “built a reputation as a master of policy who can work with members of…
Although recession-related pressures on state budgets may be easing, governors and other state officials around the country are worried about the potential impact of Washington’s fiscal difficulties. State finances are “modestly recovering in step with the slowly improving national economy,”…
On his way out the door, retiring Senate Budget Committee Chairman Kent Conrad (D-N.D.) had a lot to say. It was a final reminder -- he called it a challenge -- from one of the Senate’s foremost deficit hawks of…
After months of debate and negotiation, Congress on Tuesday approved legislation to avoid the most immediate consequences of the “fiscal cliff” but that falls far short of the more comprehensive reforms that many advocates of fiscal responsibility had hoped to…