Even if negotiators reach a compromise on the budget, it is unclear if they can sell it to their parties’ hard-liners.

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Negotiations on Budget Inch Ahead in House

An examination of the events that led to the CityTime scandal revealed mismanagement and the determination of one powerful administration insider: the budget director, Mark Page.

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Behind Troubled City Payroll Project, Lax Oversight and One Powerful Insider

A provision in the budget would allow BlackRock to be taxed by the state as a general business corporation rather than as a bank, which would save the firm millions of dollars in the future.

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State Weighs Tax Change for Giant Financial Firm

Tax breaks announced in the budget will be worth around £7m to the games industry.

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Games industry wins tax relief

Senator Charles Schumer called for the budget negotiations between Republicans and Democrats to “reset,” with a focus on entitlements and tax increases, rather than just discretionary spending.

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The Caucus: Schumer Calls for a ‘Reset’ on Budget

The Wisconsin governor’s comportment in the budget crisis makes three things clear.

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Out of Wisconsin, a lesson in leadership for Obama

Maybe the federal government won’t grind to a halt after all. U.S. House Budget Chairman Paul Ryan says he’s not pushing for a government shutdown and that it’s likely there will be a short-term extension of the budget while Democrats and Republicans…

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Paul Ryan Not Pushing for Shutdown

Congress can expect more late nights over the next few weeks: Just after 4:30 a.m. Saturday morning, the House passed legislation to cut $61 billion from the budget, a victory for the conservative freshman class and an opening shot in what promises to…

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House Votes to Cut $61B

Moody’s Investor’s Service warned Thursday that the lack of government action on the budget deficit puts the U.S. at risk for a rating downgrade. The report came hours after Standard & Poor’s downgraded Japan and the IMF reiterated warnings about…

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Moody’s Says U.S. Credit Risk Rising

The Chancellor George Osborne says he may consider cancelling part of the planned rise in fuel duty and could make an announcement in the budget in March.

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High hopes for fuel duty rise cut

The Congressional Budget Office reports that the budget deficit continues to balloon.

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The Caucus: Deficit at $1.5 Trillion, Postwar Record

The proposed solutions to the budget problem are delusional.

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Our burgeoning budget and the politics of avoidance

Chief executive of the budget airline Ryanair, Michael O’Leary says he believes certain airport checks that require passengers to dispose of 100ml bottles and take their shoes off have “no effect on security what so ever”.

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Airport security measures ‘ludicrous’