Ga. Sen. Chambliss won't seek re-election in 2014
When Georgia Sen. Saxby Chambliss announced Friday that he wouldn't seek a third term in 2014, a race that already was likely to feature a contested ...
Pentagon: Budget crisis could hurt war effort
The Afghan war effort eventually would be harmed by across-the-board budget cuts, even as the Obama administration intends to shield the military's ...
Geithner sees US economy strengthening gradually
Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year — as long as Congress avoids cutting spending too ...
AP Interview: Ohio's Kasich enthuses over Davos
Embarking on what he called a reluctant trade mission, Ohio Governor John Kasich said Friday that his state's economic comeback was generating ...
McDonough no stranger to Obama inner circle
In selecting Denis McDonough to be his next and fifth chief of staff, President Barack Obama is tapping a longtime confidant and unflappable ally to ...
Compromise helps Dutch stay afloat in crisis
In the U.S., tax hikes have been the subject of partisan warfare that brought the country to the very edge of a "fiscal cliff." In southern Europe, ...
Honduras can't pay its bills, neglects services
Street surveillance cameras in one of the world's most dangerous cities were turned off last week because Honduras' government hasn't paid millions ...
Italian bank seeks to calm investors over trades
Italian bank Monte dei Paschi di Siena sought Thursday to calm investors over a trading scandal that has caused its share price to slump and led to ...
Penalty could keep smokers out of health overhaul
Millions of smokers could be priced out of health insurance because of tobacco penalties in President Barack Obama's health care law, according to ...
Cameron: UK will focus on tax avoidance at G-8
British Prime Minister David Cameron said Thursday he will use his country's year-long presidency of the G-8 to target tax-dodging tactics by ...
Congress charts new collision course over deficit
The nation's sharp disagreements over taxes and spending are on a re-routed collision course, as Senate Democrats launch a plan that includes new ...
Changing family dynamic may lead to tax relief
Members of the sandwich generation — caught between supporting elderly parents whose assets are nearly exhausted and adult children without jobs — ...
Debt crisis averted - but spring fight still ahead
Retreating with a purpose, Republicans sped legislation through the House on Wednesday to avert the imminent threat of a government default but ...
IBM's results lift Dow average to a 5-year high
Strong earnings from tech giants nudged the stock market to a five-year high Wednesday. Investors drew encouragement from a vote by the House of ...
Column: For Mickelson, it's not easy being rich
It's not always easy being rich, as Phil Mickelson reminded us the other day. There are taxes to pay — apparently lots of them — and the price of a ...
THE RESET: Delay becoming the norm for US gov't
Congress often gives itself more breathing room. In other words, it kicks the can down the road. It's an overused expression nearly everybody scoffs ...
Portugal gets $3 BN in 1st bond sale since rescue
Portugal sold its debt on financial markets Wednesday for the first time since it needed a bailout, collecting €2.5 billion ($3.3 billion) in an ...
Eurozone debt burden stuck amid low growth
The eurozone failed to reduce its government debt in the third quarter of last year, as meager growth offset efforts by several of the bloc's 17 ...
Senate Democrats plan budget debate
Incoming Senate Budget Committee Chairman Patty Murray says Democrats controlling the chamber will attempt to pass a budget for the first time since ...
Expiring credits, deductions extended by Congress
Taxpayers preparing to file their 2012 returns can breathe a collective sigh of relief. The alternative minimum tax or AMT has been patched — ...
GOP moves to delay debt-ceiling showdown 3 months
Seeking to regain their budget footing versus President Barack Obama, Republicans controlling the House are moving quickly to try to defuse a ...
Phil Mickelson regrets airing opinion on taxes
Phil Mickelson is talking more about how much he pays in taxes than how many fairways he hits off the tee. Mickelson, regarded as the "People's ...
Feud over budget for diplomatic security escalates
A long-running feud over whether Congress provides enough money for protecting U.S. diplomats escalated Tuesday as the chairman of a Senate ...
Numbers to know when you file your 2012 tax return
Key numbers to know when filing your 2012 tax returns, according to the Internal Revenue Service: PERSONAL EXEMPTION: —Each personal or dependent ...
Obama stands his ground on fiscal debates
President Barack Obama devoted one word — "deficit" — to the issue that brought Washington to the brink of fiscal crises time and again during his ...
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