Budget Control Act of 2011

Fed's Dudley says decision on stimulus pullback still months away

2013-05-22 06:34:00

WASHINGTON — A top Federal Reserve official said Wednesday that a decision on reducing the central bank's unprecedented economic stimulus efforts still is three to four months away as policymakers first must determine if the recovery is strong...

HUD to shut down offices as a result of sequester

2013-05-17 13:13:00

Across-the-board cuts in the federal budget will force the Department of Housing and Urban Development to close its offices on May 24 and possibly six other days. HUD, which provides assistance programs for low-income and homeless people, said Friday...

Obama budget would cut deficits, report says

2013-05-17 14:20:00

WASHINGTON -- President Obama’s proposed mix of tax hikes and spending cuts would reduce future budget deficits more quickly than under current laws, according to a report issued Friday that could rekindle the dormant budget wars in Washington....

FAA to keep control towers at midsize airports open at night

2013-05-08 12:09:00

Budget cuts won't force the closure of air traffic control towers during overnight shifts, the Federal Aviation Administration said Wednesday. But the federal agency said it is still uncertain whether it will be forced this summer to close towers...

Air traffic control towers to stay open overnight

2013-05-09 00:00:00

Sequestration: 149 air traffic control towers are spared -- for now

2013-05-11 00:00:00

The 149 air traffic control towers that were scheduled to close this summer because of federal sequestration will remain open until at least September, government officials said Friday. The Federal Aviation Administration said legislation approved by...

FAA won't close air traffic control towers at small airports

2013-05-10 14:29:00

The 149 air traffic control towers that were slated to close this summer because of the federal sequestration will remain open until at least September, federal officials said Friday. The Federal Aviation Administration said legislation approved by...

GOP may seek to tie debt ceiling deal to tax code changes

2013-05-09 18:29:00

WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade. An improving economy and higher taxes,...

Air traffic controllers' furloughs end

2013-04-29 17:42:00

The furloughed air traffic controllers are back at work, and now the nation's airlines can blame only bad weather for delays in getting you to your destination. The furloughs that began about a week ago — delaying hundreds of planes across the...

Senate passes bill to ease FAA furloughs

2013-04-25 18:36:00

WASHINGTON -- With flight delays mounting, the Senate approved hurry-up legislation Thursday night to end air traffic controller furloughs blamed for inconveniencing large numbers of travelers. A House vote on the measure was expected as early as...

Senators point blame, solutions to air traffic delays

2013-04-23 13:02:00

WASHINGTON -- As delayed flights jammed up air travel, Senate Republicans on Tuesday blamed the White House for furloughing air traffic controllers, as Democrats offered a new proposal to replace the sequester cuts that have begun to affect ordinary...

Senate approves Obama's budget chief

2013-04-24 10:59:00

WASHINGTON -- The Senate voted overwhelmingly Wednesday to approve President Obama’s nominee for top White House budget expert, bringing a woman into a top post in an administration that critics say has been dominated by men. Sylvia Mathews...

The U.S. Capitol is seen after Congress and President Obama failed to reach a deal to avoid the series of massive budget cuts known as sequestration in Washington D.C.

2013-03-01 00:00:00