Washington (CNNMoney) - The House on Tuesday passed a bill to restore pension increases for some 750,000 military retirees.
The House voted 326 to 90 to undo cuts to cost-of-living hikes for military pensions for all current retirees and anyone who enlisted before Jan. 1. The Senate is expected to vote Wednesday.FULL STORY
Washington (CNNMoney) - House Republicans continued their drive Wednesday to slash $60 billion from the current year's budget, with some of the deepest cuts targeted at education and environmental regulation.
First up was a controversial cut to strip $450 million slated to build a new engine for the F-35 fighter jet, which passed 233-198, with bipartisan support.