The Cost of Spending: Federal Reserve intervention could have dangerous consequences

Despite lawmakers' warnings, the Fed has acted more aggressively in recent years to keep interest rates low for the foreseeable future. But the program holds serious risks. 

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Spending bill leaves out immigration courtsComments Off

Congress’ must-pass budget bill ignores the Obama administration’s request to accelerate spending on immigration courts to handle the flood of unaccompanied minors at the border, although it does boost spending flexibility for Border Patrol agents and …

Obama nominates US envoys to Mexico, IndiaComments Off

President Obama is nominating a former Clinton White House deputy chief of staff as ambassador to Mexico and a former senior State Department official and prominent Indian-American as ambassador to India.

Immigration worker union warns ‘serious threat’ of ISIS entering USComments Off

The union representing America’s immigration caseworkers warned Thursday of the “real and serious threat” that Islamic State terrorists could gain entry to the United States, either by slipping through the southern U.S. border or exploiting “loose and …

California governor signs bill raising Hollywood tax creditsComments Off

Gov. Jerry Brown has headed to the cradle of the Hollywood film industry to sign legislation that more than triples the state’s annual tax credit to $330 million a year for films and TV shows produced in California.

White House orders plan for antibiotic resistanceComments Off

Signaling the seriousness of the threat posed by antibiotic-resistant germs, President Barack Obama on Thursday ordered the government to create a national plan to fight them by early 2015.

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