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Tension mounts as base-closing process takes shape

The military base-closing process scheduled for 2005 is already starting to heat up. Here's a look at the potential winners and losers.

Lawmakers launch 'extensive review' of transportation security

The House Government Reform Committee launched an "extensive review" Monday into the operations of the Transportation Security Administration, with a special emphasis on airline passenger screening.

White House announces record $374 billion deficit

The Bush administration Monday announced that the fiscal 2003 federal budget deficit was $374 billion, a decrease of about $81 billion from the $455 billion deficit forecast in July, but still a record high.