WASHINGTON — Republicans controlling the House are eying big cuts to food stamps as they piece together legislation to trim $261 billion from the federal budget over the next decade, hoping to forestall major Pentagon cutbacks.
COLUMBUS — During the darkest days of the Great Recession, Ohio didn’t have enough in its rainy day fund to buy even a candy bar. It held a balance of exactly 89 cents.
WASHINGTON (AP) — The flat tax is making a comeback among Republican presidential candidates. But it faces tough opposition in Congress because it tends to favor the rich at the expense of other taxpayers, renewing an old debate about ‘trickle-down economics.’
WASHINGTON — Medicare and Medicaid were spared from immediate cuts in the debt deal, but it looks like just a temporary reprieve. Advocates for seniors and lobbyists for the health care industry are worried that Round Two of the budget battle, beginning this fall, could lead to cuts that raise costs for beneficiaries and squeeze providers such as hospitals, doctors, insurers and drug companies.