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White House seeks Treasury savings through streamlining

Proposed new fee on large financial firms would compensate Americans and discourage future risk taking.

Education Secretary Arne Duncan

Education budget focuses on college affordability

Plan increases Pell Grants and asks Congress to stop a interest-rate hike on student loans from going into effect in July.

President requests 'more disciplined' $613 billion Defense budget

White House wants $525.4 billion for regular defense and $88.5 billion for war account.

Obama chief of staff: 'Congress needs to get its work done'

Jack Lew puts the ball in lawmakers' court on fiscal 2013 budget and payroll tax cut extension.

Rep. Paul Ryan, R-Wis.

House budget chairman puts emphasis on spending cuts

Democrats fail to take fiscal instability seriously, says Paul Ryan, R-Wis.

Government Printing Office photo

Budget day arrives with low expectations

If history is a guide, the judgment that President Obama's budget is dead on arrival is probably accurate.

Putting the Postal Service's Losses in Perspective

This week's announcement that the U.S. Postal service had a less than happy holiday season, ending 2011 in the red, didn't quite tell the whole story.

OPM sends acceptance notices to the wrong fellowship applicants

About 300 PMF semifinalists received the faulty decisions.

Obama budget forecasts $1.33 trillion deficit for fiscal 2012

Projected deficit is higher than 2011's $1.296 trillion figure.

GAO faults Pentagon data measuring insourcing

Defense officials say continuing effort furthers strategic workforce goals.