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Republicans divided on defense cuts

Fissure opens between GOP lawmakers who say spending on the military is necessary to recover from a decade of war, and fiscal hawks focused on reducing the deficit.

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Postal Service to manage losses with more workforce cuts

Agency ended fiscal 2010 $8.5 billion in the red, despite deep reductions in personnel and hours.

Senator refuses to relinquish hold on OMB nominee

Jacob Lew remains in limbo as the Obama administration gets to work on the fiscal 2012 budget.

Bidding begins for top Democratic spot on House oversight panel

Towns moves to keep the position, vowing he will “form a bulwark against any politically motivated investigations” by Republicans.

Senate battle over earmark moratorium heats up

Aides call the GOP vote on the ban next week a toss-up.

Gen. Donald Hoffman, commander of the Air Force Materiel Command, pledges to keep small firms in mind.

Air Force ramps up new strategic sourcing office

Unit is expected to save $2.3 billion over five years by buying common goods and services in bulk.

Likely House majority leader calls for hiring freeze

Rep. Eric Cantor, R-Va., says move could save $35 billion.

Fiscal commission leaders back spending cuts, tax increases

Observers are skeptical the panel will be able to reach a consensus, because 14 of the 18 members need to support any recommendations.

Erskine Bowles (left) and Alan Simpson released their strategy Wednesday.

Fiscal panel chairs propose three-year civilian pay freeze, hiring slowdown

Federal workers and contractors would take a hit under draft plan.

Why? Why? Why?

The midterms were partly a referendum on the party in power, partly a plunge after Democrats’ back-to-back surges in 2006 and 2008, and partly a search for political balance.