A Republican-controlled House panel on Wednesday approved deep spending cuts to Amtrak’s budget just hours after a deadly crash in Philadelphia.
Gov. Martin O’Malley says he plans to bring up to $400 million in state budget cuts to the Maryland Board of Public Works.
Even as millions of baby boomers approach retirement, the Social Security Administration has been closing dozens of field offices, forcing more and more seniors to seek help online instead of in person, according to a congressional report being released Wednesday.
A budget deal approved by Congress restores funding for some national arts and cultural programs, but others will still see reductions.
Pentagon chief Chuck Hagel is offering troops a rare glimmer of hope about the department’s financial woes.
The skies above Shaw Air Force Base in central South Carolina and the fields across Fort Campbell on the Tennessee-Kentucky line have been a bit quieter in recent months.
Some $50 billion in budget cuts are recommended in a new report released Tuesday that was written by a 17-member panel including two former vice chairmen of the joint chiefs, a former Air Force chief and former Navy chief.
House Republicans are considering substantial budget savings, curbs on the Obama administration’s environmental agenda and other items as the price for extending the government’s ability to borrow money.
Federal officials reversed course in a dispute over mineral payments Monday as they agreed to pay states an estimated $110 million that was being withheld under 2013 budget cuts.
The U.S. Air Force says many of its combat air forces will start flying again after being grounded since April because of budget cuts.