Despite huge cutbacks in government spending, some high level federal executives are scheduled to get millions of dollars in bonuses, unless a law is passed.
President Obama said that he did not know about the IRS Inspector General's report on the agency's targeting of conservative groups for extra scrutiny before it was leaked.
Extended unemployment benefits do not keep people from finding a job, a report showed. But whether extensions help or hurt the jobs picture is far from settled.
Colleges are using merit-based aid to lure wealthier students who can afford rising tuition and fees while low-income students are increasingly bypassed, according to a study.
Massachusetts has had Romneycare since 2006. And, while it's different in some ways from Obamacare, it offers insight into what's ahead for US health care.
President Obama's proposal to slow Social Security spending by calculating cost-of-living increases differently has given conservatives and liberals something in common: they hate it.
Most homeowners know a special insurance policy is needed to cover flooding, but the insurance industry estimates that only 13 percent of them are covered.
Flight delays from air traffic controller furloughs may seem like the start of the predicted doom of sequestration. But many have already felt the pain of mandated budget cuts.
CNBC's Rick Santelli talks to David Malpass, Encima Global president, discuss President Obama's budget that proposes spreading out spending cuts over ten years.
John Taylor, Hoover Institution senior fellow, explains why he's concerned President Obama's budget doesn't try to balance the budget, and may include additional taxes.
Robert Romasco, President of AARP, defends the organizations stand on social security reforms and the impact of entitlement program on the nation's growing deficit problem.
The U.S.'s F-22 fighters are the most expensive in use. That could change if the F-35 Lightning II were deployed. Yet by all indications, that won't be happening anytime soon — if at all.