Ripple effects of rising fiscal woes in Washington
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Budget impasses and growing deficit raise concern about long-term economic growth and retiree benefits.
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Economic growth in the Washington area is slowing as the federal government begins to temper spending on local goods and services, according to a report released yesterday by George Mason University's Center for Regional Analysis.
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TWO FINANCIAL developments in Washington yesterday were minor in themselves, but they offer a glimpse of the big hurdles facing President Bush and Congress over the next four years.
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The strange sound of bipartisanship has gripped the returning Congress, thanks to fears of recession. But the two parties will be battling over other issues soon
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Fiscal conditions continue to  deteriorate for U.S. cities despite economists calling an end  to the nation's economic recession in 2001, a report from the  National League of Cities said on Tuesday.
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Americans have turned markedly gloomier about the economy in recent months, a shift that is reshaping a presidential campaign long dominated by the war in Iraq and national security concerns.
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GORDON Brown&#39;s reputation for prudence suffered a fresh blow today from news that the public finances plunged deeper into the red last month than in any other September on record.
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Lavishness is being replaced by caution at hedge funds due to the recent turmoil in the markets and calls from Capitol Hill to increase taxes on the industry.
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A new study shows there is a $300 billion gap between what taxpayers owe and what they pay
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Both political parties assumed millions of dollars in debts in the waning days of the congressional campaign as the election intensified and the prospects of a power shift became more apparent.
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With the robust economy, tax revenues are pouring in. But rising costs lie ahead.
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WASHINGTON -- Strained by an ailing housing market and credit woes, the economy in 2007 is expected to log its worst growth in five years and should be somewhat sluggish next year.
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WASHINGTON -- The deficit for the first five months of the budget year is down sharply from a year ago as the growth in government tax collections continues to outpace growth in spending.
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Many cite economic woes as campaigning for the Feb. 18 election picks up Friday.
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Then again, &quot;shrinking&quot; is a relative term -- and we&#39;re talking about dips from mind-boggling highs. The better-known of the twins, the federal budget deficit, was projected by the Congressional Budget Office
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United for urgent action, the White House and Congress raced toward emergency steps Thursday to rescue the national economy from a possible recession, including tax rebates of at least $300 a person Â and maybe as much as $800.
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A big flood, new taxes, and ugly dolls. What could be worse for a downtown?