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The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on the project away from the Obama administration.The Republican-controlled House voted 241-175 with support from some Democrats.The bill faces an uphill battle because it would have to pass the Senate with enough votes to overcome a promised veto from President Barack Obama."We've waited 1,700 days for this project," Fred Upton, Republican of Michigan, said as the floor debate wound down, adding that moving oil by pipeline was "safer and more economical" than other methods.A series of amendments, some dealing with pipeline safety and the cost of cleaning up potential pipeline spills, were defeated along party lines.The White House's Office of Management and Budget said in a memo on Tuesday that the House bill "conflicts with long-standing Executive branch proced...
Wayne Rogers & Co. Chairman Wayne Rogers says that government’s inability to pass a budget is “insane,” and is no way to run a business.
Treasury-secretary nominee Jack Lew was in the hot seat in front of the Senate Finance Committee Wednesday and made his case that he is qualified to be one of the na...
The Congressional Budget Office came out with its closely watched annual forecast of federal spending and revenues Tuesday, which underpins U.S. tax and regulatory p...
Defense spending took a nose dive in the fourth quarter, plunging 22%, after rising 13% in the third quarter. According to the Bureau of Economic Analysis, the Depar...
Bob Cusack, managing editor of The Hill, on the pushback from Republicans on Obama’s nomination of Jack Lew to the Treasury Secretary position.
Kenneth Baer, former senior adviser to Jack Lew and OMB associate director, on why he believes Lew’s bipartisan experience makes him the right person for the Treasury job.
President Barack Obama nominated Jacob Lew to be the 76th U.S. Treasury secretary and urged the Senate to confirm him quickly, putting the White House's chief budget...
Wall Street Journal economics editor David Wessel on what Jack Lew's policy could mean for the future of our economy.
By tapping Tim Geithner for his most important Cabinet position in the scary days of 2009, President Obama signaled the Treasury Department's immediate focus on cris...
President Barack Obama will nominate Jacob "Jack" Lew for the position of Treasury secretary as soon as Thursday, reports said Wednesday. Lew, currently White House ...
President Barack Obama is expected to nominate current White House Chief of Staff Jack Lew as Treasury secretary by the end of the week.Lew is no stranger to Washin...
When it comes to tax deductions, it is good to be rich -- the richer, the better.Middle-class America enjoys some of the same tax breaks as the wealthy on things lik...
President Barack Obama named top White House budget office aide Daniel Werfel to be acting commissioner of the Internal Revenue Service, the White House said on Thur...
Sylvia Mathews Burwell, President Barack Obama's pick to head the Office of Management and Budget, resigned from the board of life insurer MetLife Inc. (MET), the co...
Roughly six weeks after the sequestration budget cuts became official, White House employees are about to feel the impact first-hand.The entire White House staff wil...
White House economic adviser Brian Deese is a leading candidate to become deputy director of the Office of Management and Budget, according to sources familiar with ...
President Barack Obama on Monday announced a trio of appointments to head federal agencies, naming Sylvia Mathews Burwell to lead the White House's Office of Managem...
U.S. President Barack Obama plans to nominate Sylvia Mathews Burwell to become the head of the White House's Office of Management and Budget, Reuters reports Sunday,...
U.S. President Barack Obama plans to nominate Sylvia Mathews Burwell to become the head of the White House's Office of Management and Budget, Reuters reports Sunday,...
