Obama says US can reduce deficit by closing tax loopholes, making ‘smart’ reductions

President Barack Obama says the U.S can reduce its budget deficit by closing tax loopholes and making "smart" reductions in spending.

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8 million to gain legal status in Senate immigration bill, CBO saysComments Off

About 8 million immigrants living unlawfully in the United States would initially gain legal status under sweeping legislation moving toward a vote in the Senate, the Congressional Budget Office said Tuesday, adding the bill would push federal deficits…

IRS worker claims Tea Party scrutiny originated in Ohio office, according to transcript released by DemComments Off

A Democratic congressman has released the full transcript of congressional investigators’ interview with an Internal Revenue Service manager and self-described conservative Republican who said the close scrutiny of tea party groups’ tax forms originate…

Costly Obama family trip to Africa under fire amid sequester cutsComments Off

President Obama’s trip this month to Africa, with the first family tagging along, is projected to cost taxpayers as much as $100 million, sparking criticism as the federal government scrimps along during sequester-related budget cuts.

Did senior State Department security officials commit perjury?Comments Off

Two top officials at the State Department’s Diplomatic Security Service (DS) — the federal law enforcement agency that protects American diplomats and investigates allegations of criminal misconduct by State Department employees — gave sworn testimon…

Walter Reed plans to furlough thousands; soldier advocacy groups worry about care despite assurancesComments Off

Thousands of civilian workers at the Walter Reed National Military Medical Center — the country’s top facility for wounded combat soldiers — are facing furloughs this summer, as a result of sequester and other federal budget problems, according to the Defense Department.

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