Budget « CBS DC

President Barack Obama joked in January when he nominated Lew for the Treasury post that he had never noticed before how illegible Lew's signature was. Lew served as Obama's chief of staff and also as director of the Office of Management and Budget before taking the Treasury job. (Photo by Alex Wong/Getty Images)

President Obama Jokes That Treasury Secretary’s Signature Is Illegible On US Currency

Treasury Secretary Jacob Lew’s loopy signature is showing signs of improvement as he gets ready to affix his “Jacob Lew” to the nation’s currency.

2013/05/08

File photo of a calculator. (Photo by Peter Macdiarmid/Getty Images)

Food Costs Spiked At Va. Gov’s Mansion In FY 2012

An Associated Press review of state records shows grocery costs at Virginia’s Executive Mansion hit the highest levels in years in late 2011 and early 2012, the months leading up to the mansion’s chef dismissal and the start of a criminal investigation into operations of the mansion’s kitchen.

2013/04/27

Screen capture of a chart indicating changes in net worth per household. (Credit: pewsocialtrends.org)

Pew: Wealthy Getting Wealthier While Bottom 93 Percent Lose Net Worth

A recent study conducted by Pew Research’s Social & Demographic Trends division has found that the nation’s economic recovery has largely benefited America’s wealthiest citizens.

2013/04/25

Hagel Defends Proposed Cuts In Defense Spending As ‘Imperfect’ But ‘Fair’

Defense Secretary Chuck Hagel on Thursday defended President Barack Obama’s proposed cuts to the military as the best approach as the Pentagon grapples with smaller, deficit-driven budgets.

2013/04/11

President Barack Obama pauses as he speaks on the budget in Rose Garden of the White House on April 10,2013 in Washington, D.C. (credit: MANDEL NGAN/AFP/Getty Images)

Obama Dines With Republican Senators Over Steak Dinner At White House

Over a steak dinner, President Barack Obama dined with a dozen Republican senators at the White House on Wednesday evening in search of common ground on a range of issues, most notably the budget, entitlements and tax reform.

2013/04/11

House Speaker John Boehner, R-Ohio, speaks during a press conference on March 21, 2013 at the U.S. Capitol in Washington, DC. (credit: Win McNamee/Getty Images)

Boehner: Obama Deserves Credit For Entitlement Reforms In Budget

House Speaker John Boehner says President Barack Obama deserves some credit for what Boehner calls incremental entitlement reforms in his budget proposal.

2013/04/10

President Barack Obama is greeted by Senate Minority Leader Mitch McConnell, R-Ky., Sen. John Cornyn, R-Texas, and Sen. Susan Collins, R-Maine, as he arrives at the U.S. Captiol for his third day of meetings with members of Congress on March 14, 2013 in Washington, D.C. (credit: Chip Somodevilla/Getty Images)

‘Charm Offensive’: Obama To Host GOP Senators At White House For Dinner

President Barack Obama’s “charm offensive” continues Wednesday night as he hosts Republicans senators at the White House for dinner.

2013/04/10

President Barack Obama speaks during a concert in honor of Memphis Soul music in the East Room of the White House in Washington, D.C., on April 9, 2013, as part of the "In Performance at the White House" series. (credit: SAUL LOEB/AFP/Getty Images)

Obama Supporter: ‘This Is Not What I Expected From Him’

Liberal lawmakers from Congress and a coalition of like-minded groups rallied outside the White House on Tuesday, voicing frustration at the Democratic president they say has let them down by proposing cuts to Medicare and Social Security.

2013/04/10

Seeking ‘Grand Bargain,’ Obama To Send Long-Awaited 2014 Budget to Congress

President Barack Obama on Wednesday is sending Congress his 2014 budget, an effort to achieve an elusive “grand bargain” to tame runaway deficits that have soared above $1 trillion for each of the past four years.

2013/04/10