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US to get approximately $17.2T debt limit Friday

The U.S. government is getting a new borrowing cap Friday, almost four months after Washington defused October's government shutdown and debt crisis.

Tags: budget , Treasury , debt limit , Congress

Sunday - 02/09/2014, 12:30pm EST

Lew hopeful on reaching a budget breakthrough

Treasury Secretary Jacob Lew said Thursday that he is optimistic that President Barack Obama will be able to reach an agreement with Republicans in Congress to break a budget impasse that's triggered across-the-board government spending cuts.

Tags: Treasury , Congress , House , Senate

Friday - 03/15/2013, 10:40am EDT

Obama seeks closed loopholes, 'smart' reductions

Tags: budget , OMB , Barack Obama , Congress

Sunday - 02/03/2013, 04:47pm EST
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