President Barack Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half during the next four years, primarily by raising taxes on business and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said. ...more

February 22, 2009

The easy part is coming to an end. Ask just about anyone in Washington involved in the $800-billion-plus economic stimulus legislation churning its way through Congress, and they will tell you it is a milestone - but without question the less expensive and politically and technically less risky part of the Great National Bailout of 2009. ...more

February 9, 2009

Barack Obama opened his presidency by breaking sharply from George W. Bush's unpopular administration, but he mostly avoided divisive partisan and ideological stands. He focused instead on fixing the economy, repairing a battered world image and cleaning up government. ...more

January 24, 2009

Florida's public employee pension plan has lost more than a quarter of its peak value, but Gov. Charlie Crist and other officials Monday said the fund is built for the long haul and there's no need to panic. ...more

November 17, 2008

With all of the purely politically motivated negative action taken on the part of Congressman Barney Frank, chairman of the House Committee on Financial Services who uttered these now famous words, "These two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis," now comes another potential result of his committee's utter disregard for the advice of the Bush administration to take steps to rein in these two entities. ...more

October 21, 2008

Wounded troops and Veterans Administration officials gathered at Tampa's VA hospital today to see the latest addition to its unit for men and women with traumatic injuries from the wars in Iraq and Afghanistan. ...more

October 17, 2008

It will be one of the world's largest asset management firms with an impressive $700 billion war chest. Nothing less than the global economy depends on its success. And the Treasury Department has barely a month to get it up and running. ...more

October 4, 2008

WASHINGTON - Congressional leaders said Saturday they hoped to reach an agreement on a multibillion-dollar bailout plan for the financial sector before the markets open Monday, even if House and Senate votes would come later. ...more

September 27, 2008

It will cost at least $1 billion more than the Bush administration expected to deploy advanced radiation detection equipment at the country's ports, government auditors said Monday. ...more

September 23, 2008

"The War Within: A Secret White House History 2006-2008," by Bob Woodward (Simon & Schuster, $32) ...more

September 21, 2008