President Obama spoke of the need for sacrifice last week when he announced a two-year pay freeze for federal employees.
But feds won't be too terribly deprived in 2011 and 2012. Despite the freeze, some 1.1 million employees will receive more than $2.5 billion in raises during that period.
Congress is expected to approve Obama's proposal,...
President Barack Obama announced a bipartisan deal to extend expiring tax cuts for two years and to extend unemployment benefits on Monday.
WASHINGTON—President Barack Obama reached agreement Monday with Republican leaders in Congress on a broad tax package that would extend the Bush-era income tax cuts for two years, reduce worker payroll taxes...
The commanding general of the war in Afghanistan says US victory in the region may not be a "sure thing" after all.
"I don't think there are any sure things in this kind of endeavor," Gen. David Petraeus told ABC's George Stephanopoulos in an interview published Monday morning. "And I wouldn't be honest with you and with the viewers if I didn't...
