(CNN) – When it comes to finding ways to reduce the federal debt, Sen. Ted Cruz is having a hard time finding anyone to trust.
Speaking on the Senate floor Wednesday, the Texas Republican responded to criticism from members of his party over how to move forward with budget negotiations, taking particular aim at Sen. John McCain.
Washington (CNNMoney) - Defense Department employees are getting a little bit of a reprieve.
Workers now face 11 days of furloughs, cut down from an expected 14 days, Defense Department Secretary Chuck Hagel is expected to announce Tuesday afternoon.FULL STORY
New York (CNNMoney) – Thanks to the government's spending cuts, you may have a smaller chance of being audited this year.
The cuts, known as the sequester, will wipe $600 million from the IRS's budget this year, forcing the agency's nearly 100,000 employees to be furloughed without pay for up to seven days.
Washington (CNN) - When Democrats unsuccessfully tried months ago to persuade Republicans to replace forced spending cuts with a mix of tax and spending cuts, they predicted the GOP would come around in the spring when the reductions kicked in and constituents started complaining about the effects – like long lines at airports and flight delays.
But now, instead of Republicans conceding, it is Democrats who are giving in to public pressure to reverse one of the most visible consequences of $85 billion in government-wide, indiscriminate spending reductions approved by Congress - cuts at the Federal Aviation Administration.FULL STORY
New York (CNNMoney) - Millions of travelers frustrated by airport delays may be relieved that Congress did an about-face this week, passing legislation to end the furloughs of FAA air traffic controllers.
But advocates for everyone else directly affected by the so-called sequester are miffed with the selective undoing of what were supposed to be across-the-board cuts.FULL STORY
(CNN) - The U.S. House of Representatives on Friday passed a measure aimed at ending budget-related air traffic controller furloughs that were blamed for widespread flight delays this week.
White House spokesman Jay Carney said earlier Friday that President Barack Obama would sign the bill, which the Senate passed Thursday night.
Washington (CNN) - Thousands of Department of Justice employees can breathe a little easier after learning they won't be furloughed due to forced budget cuts, but that assurance is good only until October 1, when a new fiscal year begins for the federal government.
Attorney General Eric Holder sent a memo to department workers on Wednesday, which CNN obtained. It said, "thousands of critical FBI and ATF agents, deputy U.S. marshals, prosecutors, and other department employees will remain on the job protecting national security, fighting violent crime and enforcing our laws."FULL STORY
(CNN) – A top House Republican influential on homeland security matters said cutting federal spending for local law enforcement can have serious consequences for fighting terrorism.
"We have to be aggressive and never let our guard down," Rep. Peter King told CNN, hours after bombings at Monday's Boston Marathon killed three people and sent more than 130 people to hospitals.
(CNN) – The budget unveiled this week by President Barack Obama, characterized by the White House as a compromise package, was dismissed Saturday in the weekly GOP address for its tax increases on wealthy Americans.
"If we were to implement the president's budget, taxes would go up on just about every American, including middle-class families," Rep. Jackie Walorski, R-Indiana, said in the address, adding Obama's budget "isn't what compromise looks like."
Washington (CNN) – Buried deep inside President Obama's 2014 budget released on Wednesday is a new proposal to expand federal health insurance benefits to same-sex domestic partners.
Framed as a measure to reduce the deficit, the proposal would amend the Federal Employee Health Benefits Program beginning in 2015 to add a "self plus one" enrollment option in addition to the "self" and "family" options. Like the Domestic Partnership Benefits and Obligations Act that the administration has endorsed in prior budgets, this new FEHB formulation would work within the current legal constraints of the Defense of Marriage Act by adding a new classification for additional enrollees beyond family.