The presidential race is shaping up as a battle between Republican calls for more government austerity and Democratic appeals for more spending to promote jobs

The nearly bankrupt U.S. Postal Service is moving ahead with plans to close dozens of mail processing centers, saying on Thursday it can no longer wait as

In an election-year challenge to President Barack Obama, House Republicans are pressing ahead with a defense budget that adds billions of dollars, boosts

House Speaker John Boehner said Tuesday that when Congress raises the nation's borrowing cap he will again insist on spending cuts and budget reforms to offset

The financially struggling U.S. Postal Service sought Wednesday to tamp down concern over wide-scale cuts, revealing it will seek to keep thousands of rural

One of Hollywood's biggest and best-paid stars is supporting President Barack Obama's call for higher taxes on the country's top earners.

Pressuring Congress, President Barack Obama is laying out an election year "to do" list Tuesday that urges lawmakers to take another look at economic proposals

A House panel has unveiled a $608 billion defense spending bill that restores some of the programs the Pentagon wanted to cut next year and provides nearly $1

The nearly bankrupt U.S. Postal Service is urging the House to quickly pass legislation to let it close low-revenue post offices and eliminate Saturday

A Senate bill aimed at saving the U.S. Postal Service would make it harder to close thousands of low-revenue post offices and end Saturday mail delivery.

Republicans pushed an election-year tax cut for nearly every employer in the country through the House on Thursday, ignoring a White House veto threat as they

The cuts are mostly familiar, though a plan to cut food stamps goes well beyond a bipartisan proposal drafted last year. The Democratic-controlled Senate has

Senate Republicans derailed a Democratic "Buffett rule" bill Monday forcing the nation's top earners to pay at least 30 percent of their income in taxes.

As procrastinators rush to file their 2011 tax returns by the Tuesday deadline, a new poll shows more than two-thirds of Americans believe the revenue system

Democrats and Republicans are forcing votes in Congress this coming week on competing tax plans that affect millionaires and smaller businesses, and they know