The Treasury Department will stop investing in federal worker retirement and disability funds since Congress only suspended the debt ceiling until May 18, Treasury Secretary Jack Lew said in a May 17 letter (.pdf) to Congress. Congress has not approved normal borrowing authority after May 18, Lew said.
House Budget Chairman Paul Ryan (R-Wis.) and Treasury Secretary Jack Lew agreed during an April 16 committee hearing that corporate taxes should go down and the tax base should be broadened, but how to pay for those tax cuts was a point of contention.
Several of President Obama's picks for upcoming Cabinet vacancies are drawing fire for everything from being soft on Iran to comprising a white-guy's club. Here's a quick rundown on the picks so far.
As he begins his second term, President Barack Obama is likely weighing changes to his senior staff and Cabinet. While it's unclear who will stay or go, rumors abound. Positions at Defense, State, Treasury, Transportation and even Commerce are said to be up for grabs.
Martha Johnson, head of the General Services Administration, resigned (.pdf) April 2 in the wake of an inspector general report said to detail a GSA training conference in Las Vegas that cost...
Federal chief information officers should have more responsibility, says the Office of Management and Budget in an Aug. 8 memo. The memo, signed by OMB Director Jack Lew, outlines four areas where
The Office of Management and Budget has confirmed that Vivek Kundra, the OMB administrator for e-government and information technology, also known as the federal chief information officer, will step
Vice President Joe Biden will head an effort called the Campaign to Cut Waste in order to get "rid of the pointless waste and stupid spending that doesn't benefit anybody," announced President Barack
The Office of Management and Budget released for comment May 26 the preliminary plans for 30 agencies to "look back" at regulations that impose an undue compliance burden. White House officials said
Thirty federal agencies and departments have submitted preliminary plans to the Office and Management and Budget, for their internal "look back" at federal regulations. Jack Lew, director of OMB, and