Government And Institutions

A Senate committee voted along party lines to the president's controversial nominee to a full confirmation vote.

President Obama promised Thursday to fix problems at the IRS as his administration faces a burgeoning scandal over the agency's targeting of conservative groups in nonprofit applications.

The Treasury Department announced the first of a potential series of emergency cash measures to allow the government to pay its bills when a temporary debt ceiling suspension lapses this weekend.

The speaker of the House raised the possibility of jail time for law violations in the growing scandal involving the IRS.

The IRS’s targeting of tax-exempt applications from conservative social welfare groups is worse than initially believed, a new report shows.

Emac's Bottom Line: The IRS is not some mindless, acultural thing. It’s populated by human beings prone to political pressures. Here's a look at its history and what to expect from the  coming hearings.

A temporary suspension of the U.S. debt ceiling expires on May 19, but the Treasury Department should be able to borrow for several more months by employing unusual cash management tools. 

The IRS has found itself in a deepening scandal over targeting certain nonprofit profit groups, including Tea Party supporters. Here's what every taxpayer should know. 

Over two years, IRS field office agents repeatedly changed their criteria while sifting through thousands of applications from groups seeking tax-exempt status to select ones for possible closer examination, the findings showed.

A Senate committee launched a weeks-long effort to pass a comprehensive immigration bill with a warning from the panel's top Republican that he would make the process as long and 'arduous' as possible.

Initial claims for state unemployment benefits fell 4,000 to a seasonally adjusted 323,000, the lowest level in nearly 5-1/2 years.

The group pushing  to do something about runaway deficit spending, is loaded with highly compensated CEOs who know more about prosperity than austerity.

The president tapped Mike Froman and Penny Pritzker for the last two vacant Cabinet slots on his economic team.

Securities regulators unanimously agreed to propose new rules for the over-the-counter derivatives business of foreign banks.

By some important gauges inflation has recently fallen below levels deemed desirable by the Fed.

Press Secretary Jay Carney suggested Congress acted to stop FAA furloughs as a favor to 'bellyaching' business travelers.

Defense Secretary Chuck Hagel said the U.S. intelligence community believes the Syrian government has used sarin gas on a small scale against rebels.

Claims for unemployment benefits fell last week to 339,000, offering reassurance that the bottom is not falling out of the labor market.

A plan proposed by former Chairman of the White House Council of Economic Advisors, Edward Lazear, actually involves paying for U.S. citizenship.

Sen.Max Baucus hopes to soon introduce a bipartisan bill to give the White House enhanced authority to negotiate trade agreements and win their approval in Congress.