Government And Institutions

A huge, $1.1 trillion spending bill funding every corner of government faces its first test in the House, where conservatives are unhappy because it fails to challenge President Barack Obama's immigration policy and many Democrats are displeased because it weakens the 2010 Dodd-Frank regulation of risky financial instruments.

Slumping oil prices have helped push Alaska's potential budget deficit this year to $3.5 billion — an increase of $2.1 billion from what lawmakers expected in April.

The massive $1.1 trillion federal spending bill under debate in Washington contains key provisions that benefit the state, members of South Dakota's congressional delegation said Wednesday.

Wisconsin's most powerful business lobbying group is calling on the Legislature to pass a right-to-work law, something Republican Gov. Scott Walker has repeatedly said distracts from his agenda.

A report submitted to Gov. Scott Walker on Tuesday that came out of nearly two dozen meetings around the state concludes that Wisconsin taxes are too high and too complicated, but makes no specific recommendations about what to do about it.

South Dakota regulators agreed Tuesday to limit the scope of information opponents could receive in a case about the Keystone XL oil pipeline from the company trying to build it, but not as strictly as TransCanada Corp. requested.

Lingering snags caused by policy differences are holding up a must-pass, $1.1 trillion spending bill in Congress, including a provision that could lead to pension cuts for more than 1 million retirees and a plan to relax new regulations on some risky financial products.

The New Jersey Economic Development has approved $158 million in future tax breaks for Subaru to move its U.S. headquarters to Camden and Cooper Health System to move its business office back to the city.

Top lawmakers Tuesday released a massive 1,603 page, $1.1 trillion omnibus spending bill funding every government agency but the Department of Homeland Security through Sept. 30.

Federal regulators are poised to take on “political intelligence” as part of their broad crackdown on insider trading practices, a move some legal experts say could vastly expand the current legal definition of what constitutes an illegal trade, the FOX Business Network has learned.

With Kansas facing a projected $279 million budget shortfall after enacting aggressive tax cuts, Republican Gov. Sam Brownback proposed Tuesday to trim spending and divert funds for highway projects and public pensions to general government programs.

A government investigator says the IRS paid at least $6 billion in child tax credits in 2013 to people who weren't eligible to receive them.

The House has passed a bill designed to give state and federal agencies authority to move more water in coming months to California's farm belt.

Congressional aides say a final agreement has been sealed on a massive $1.1 trillion government-wide spending bill that would prevent a government shutdown and fund most of the government through next September.

Higher tax collections will give Utah lawmakers an extra $638 million to spend on projects and programs next year, according to new estimates released Thursday.

The United States' federal tax code is an overly complicated and unfair system that often rewards the wealthy with millions of dollars in tax breaks while punishing working Americans and businesses, U.S. Sen. Tom Coburn said Tuesday about his latest report on government waste.

Chinese stocks plunged Tuesday in a break from a months-long boom and other Asian markets were lower on concern about feeble Chinese trade and Japan's recession.

One of the Obama administration's harshest congressional critics will get a final high-profile shot when the House Oversight Committee grills witnesses about the president's health care overhaul and a former adviser's remark about voters' "stupidity." For four years, Rep. Darrell Issa, R-Calif., has used the committee chairmanship to probe and attack the administration on issues such as the IRS scandal, misplaced guns and U.S. deaths in Benghazi, Libya.

The Atlantic City region lost 9,900 jobs over the past 12 months, battered by the closure of four of Atlantic City's 12 casinos, according to data released Tuesday.

Korean Air found itself in the spotlight this week when the chairman's daughter, an executive at the carrier, forced a crew member to leave the plane after she was served snack nuts improperly.