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WASHINGTON -- With little more than a week for lawmakers to avert huge tax increases and spending cuts, attention is turning from the gridlocked House to the Senate, where some [...]

WASHINGTON - To Democrats, Republican resistance to raising tax rates on affluent Americans seems not only stubborn, but also befuddling and self-defeating. Public opinion strongly favors it. President Obama just [...]

WASHINGTON - Speaker John A. Boehner's latest offer to President Obama to allow tax rates to rise on incomes over $1 million has already changed the terms of negotiations to [...]

WASHINGTON -- To the extent that Americans have diverted their attention since Friday from the horror in Connecticut toward their capital, it has been to wonder whether the school shooting [...]

Republicans howled on Thursday when the Federal Reserve, at long last, took steps to energize the economy. Some were furious at the thought that even a little economic boost might [...]

A week later and we are still amazed at how the Republicans in Congress pulled it off. They held the economy hostage, won some cheap political points, and all of [...]

WASHINGTON -- At a private meeting about deficit reduction at the White House last week, Speaker John A. Boehner told his fellow Congressional leaders and President Obama that he did [...]

If you were shocked by Friday's job report, if you thought we were doing well and were taken aback by the bad news, you haven't been paying attention. The fact [...]

WASHINGTON -- President Obama tried on Sunday to revive the chances for a sweeping budget agreement to reduce the nation's deficit and repair its perilous finances, but Congressional Republicans continued [...]

LOS ANGELES -- The irony was thick. Alan Schwartz, the former chief executive of Bear Stearns who oversaw its near-demise and subsequent government-aided rescue, was here at Michael Milken's annual [...]

It's obviously been a good week for the Obama administration. But it comes at a dangerous time, for both the administration and the economy. The excitement over tracking down Osama [...]

Here are two numbers to keep in mind when thinking about the House Republicans' budget plan: They want to cut spending on government programs over the next decade by $4.3 [...]

Mayor Vincent Gray of Washington was so angry that the budget deal prohibited his city from spending its own money on abortion that he blocked traffic outside the Capitol, getting [...]

For decades, academics and think tankers have been proposing plans to avert a fiscal catastrophe. The ensuing debates were always sedate, high-minded affairs. Now Republican political leaders have come up [...]

Many commentators swooned earlier this week after House Republicans, led by the Budget Committee chairman, Paul Ryan, unveiled their budget proposals. They lavished praise on Mr. Ryan, asserting that his [...]

NOW that Congress has actually managed to enact tax legislation, it may be time to consider some bigger issues. I hope that broad-based tax reform will be high on the [...]

Mayor Michael R. Bloombergunleashed a withering critique on Wednesday of how Congress and the White House have managed the economic recovery, saying Democrats and Republicans had abdicated responsibility in favor [...]

The Federal Reserve's multitrillion-dollar effort to save the financial system helped prop up hundreds of ailing banks. But not every institution fared so well. Some 20 American banks that tapped [...]

WASHINGTON -- President Obama said he would consider adopting some of the recommendations in the provocative debt-reduction plan from his fiscal commission, which wrapped up work on Friday with more [...]

WASHINGTON -- President Obama on Monday announced a two-year pay freeze for civilian federal workers as he sought to address concerns over high annual deficits and appealed to Republicans to [...]

WASHINGTON -- The Federal Reserve, faced with more criticism than its leaders anticipated, stepped up its counteroffensive on Wednesday as leading Republican lawmakers continued to attack its plan to spur [...]

The Federal Reserve's much-anticipated announcement this month that it was intervening in financial markets was intended to push down interest rates to get the economy moving again. But since it [...]

DISTASTEFUL as it may seem, we need to prepare for the next financial crisis, which, of course, will arrive eventually. Right now, though, people are so angry about the recent [...]

Can you remember when the Federal Reserve was above criticism? When politicians vied for Alan Greenspan's favor and fell all over themselves praising his wisdom? Now poor Ben S. Bernanke, [...]

One of the most frustrating tendencies of mainstream leaders in the United States is their willingness, year after debilitating year, to embrace policies that have no hope of succeeding. From [...]

AS the United States recovers from this recession, the biggest mistake we could make would be to rebuild our economy on the same pile of debt or the paper profits [...]

JEKYLL ISLAND, Ga. -- The Federal Reserve chairman, Ben S. Bernanke, on Friday defended the central bank's decision to inject $600 billion into the American economy, in the face of [...]

CORRECTION APPENDED WASHINGTON -- A midterm campaign that has turned heavily on the issue of the mounting federal debt is likely to yield a government even more split over what [...]

WASHINGTON -- With tax rates at the center of the debate over how to revive the stalled recovery, the Federal Reserve is likely to spend its policy meeting on Tuesday [...]

NO, he can't. President Obama can't reverse the unemployment numbers by Election Day. He can't get even a modest new stimulus bill past the Party of No, and even if [...]

WASHINGTON -- President Obama on Wednesday will make clear that he opposes any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding [...]

MILWAUKEE -- President Obama, looking to stimulate a sluggish economy and create jobs, called Monday for Congress to approve major upgrades to the nation's roads, rail lines and runways -- [...]

If President Obama has a big economic initiative up his sleeve, as he hinted recently, now would be a good time to let the rest of us in on it. [...]

A deadline is supposed to concentrate the mind. But the year-end expiration of the Bush-era tax cuts, and the November elections, are having the opposite effect. Americans need to hear [...]

WASHINGTON -- Hours before the Senate approved a far-reaching overhaul of Wall Street regulations on Thursday, President Obama's three nominees to the board of the Federal Reserve said they were [...]

As guests of last month's World of Pinot Noir -- California's premier pinot noir conference -- filed off the bus at Foxen Vineyards, the site of afternoon tastings and panel [...]

Senator Evan Bayh's comments this week about a dysfunctional Congress reflected a complaint being directed at Washington with increasing frequency, and there is broad agreement among critics about Exhibit A: [...]

SIXTEEN months ago, our financial system teetered on the brink of collapse. The Treasury, the Federal Reserve and the Federal Deposit Insurance Corporation took actions that were unpopular and previously [...]

The additional tax cuts and public works spending that President Obama has proposed to spur job creation would add $100 billion to this year's deficit, bringing it to nearly $1.6 [...]

PRESIDENT OBAMA 10 days ago set out one important element in the needed structural reform of the financial system. No one can reasonably contest the need for such reform, in [...]

President Obama vowed Wednesday night not to give up on his ambitious legislative agenda, using his first State of the Union address to chastise Republicans for working in lock-step against [...]

President Obama, striking a no-retreat, no-surrender posture in the wake of his party's humiliating defeat in the Massachusetts Senate race this week, vowed Friday to press on with his expansive [...]

I'VE been fretting about the double dip. This is not about gorging on ice cream. It's the prospect that our economy, climbing weakly out of a severe recession, might tumble [...]

President Obama is making final decisions on his budget for next year and is still promising to outline a path to substantially lower federal deficits. But on nearly every front, [...]

DESPITE the bankruptcies, bailouts and plunging sales that quaked the auto industry this year, perhaps nothing sums up the misery better than this: The United States is no longer the […]

Under fire from Democrats and Republicans alike, Ben S. Bernanke on Thursday defended his record as chairman of the Federal Reserve but conceded that the central bank's lapses contributed to […]

What a difference a year makes. In October 2008, the candidate Barack Obama delivered a major economic speech in Toledo, Ohio. In it he said: 'Right now, we face an […]

Good morning, Nicolas. Did you sleep well, Angela? Wasn't that a good dinner last night, Gordon? Pittsburgh is such a great city; I'm so glad we're holding our G-20 summit […]

As he looks forward to a second term as chairman of the Federal Reserve, Ben S. Bernanke's biggest challenge will be to undo much of what made him a hero […]