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Paul Ryan's dramatic budget preview

House Budget Committee Chairman Paul Ryan is expected to release his budget proposal for fiscal year 2013 on Tuesday, a rather highly anticipated event in Washington. And Ryan is only adding to the...

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Surprise! Budget mess rolls on

Congress and the White House took another few steps away from conducting a well-reasoned, bipartisan budget process on Wednesday, as Democrats and Republicans let loose another round of ultimatums and...

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Catholic groups spar with Paul Ryan over budget

Rep. Paul Ryan is scheduled to deliver a speech at Georgetown University later this week, but he is unlikely to receive a standing ovation from some members of the faculty. Almost 90 faculty members...

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Americans overwhelmingly favor big defense cuts

With annual budget deficits now routinely topping $1 trillion, a majority of Americans favor cutting defense spending, according to a new survey. The survey, conducted by the Center for Public...

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California warily watches Facebook stock price

Facebook investors and employees aren't the only ones carefully watching the company's stock price deflate. California, which was hoping to net up to $2 billion for its cash-strapped budget from...

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Inside China's $2.2 trillion budget

How is China's government spending taxpayer money? This is not an easy question to answer. The most populous country in the world ranks among the worst in matters of government transparency. The...

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