Viewing: Government
January 1, 2014
Federal Flood Insurance Program Drowning In Debt. Who Will Pay?
Congress has tried to boost premiums on the cheap, subsidized insurance FEMA offers. But property owners in flood zones protested the rate hikes, and legislators backed off in 2013, calling for "further study." Meanwhile, a string of bad storms has left the program $24 billion in debt - so far.
Read MoreDecember 26, 2013
President Obama Signs Budget, Defense Bills
The bipartisan spending measure eases mandatory sequestration cuts over the next two years and the defense authorization gives the Pentagon nearly $527 billion for fiscal 2014.
Read MoreDecember 25, 2013
Air Force's Beloved 'Warthog' Targeted For Retirement
The Air Force says retiring the Cold War-era A-10 could help it balance its budget and focus on developing more versatile aircraft. But the military encounters resistance whenever it tries to mothball any weapon, and the case of the plane known as the Warthog is no exception.
Read MoreDecember 22, 2013
Raúl Castro: U.S. And Cuba Can Have 'Civilized Relationship'
For bilateral relations to succeed, said Castro, the countries must learn to respect their differences. Cuba's not changing, he said. And they're demanding that the U.S. change its ways.
Read MoreDecember 20, 2013
Yellen Nomination To Fed Clears Hurdle; Confirmation Likely
Janet Yellen would be the first woman to head the central bank. On Friday, the Senate voted to head off any potential filibuster of her nomination. A confirmation vote is scheduled for Jan. 6.
Read MoreDecember 20, 2013
Health Care Rules Relaxed Again, 'Backlash' Follows
After the Obama administration announced that Americans who recently had their health insurance canceled can buy "catastrophic policies," the insurance industry said the change will cause more confusion.
Read MoreDecember 19, 2013
The Washington Two-Step: Dancing Back To Normal
Washington took two big steps toward more normal times. First, the Federal Reserve said it will modestly taper down its easy-money program. And then Congress completed the first bipartisan budget agreement in years. But some other obstacles loom.
Read MoreDecember 19, 2013
Congress Poised To Permanently Fix Its Medicare Payment Glitch
After a decade of kicking the ball down the road, Congress appears ready to repeal its payment formula for Medicare and replace it with a whole new system. This time, doctors would be paid according to the quality of results they produce, rather than the number of services they provide.
Read MoreDecember 18, 2013
Fed Says It Will Begin Tapering Off Its Stimulus In January
The Federal Reserve will trim its bond-buying program, reducing its purchases by $10 billion per month.
Read MoreDecember 18, 2013
Pence Announces New Jobs For Central Indiana, Jobs Totals For State
The Indiana Economic Development Corporation has signed agreements with 261 companies this year that have agreed to create jobs in the state in exchange for tax breaks, training grants or other incentives.
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