Broker Regulation

The House and Senate are ready to vote on legislation cutting almost $40 billion from the budget for the current year, but President Barack Obama and his GOP rivals are both eager to move on to multi-year fiscal plans that cut trillions instead of billions.

An attorney for the state of Wisconsin argued Wednesday that a lawsuit challenging Gov. Scott Walker's divisive collective bargaining law should be dismissed because it is not ripe given that the law has not yet taken effect.

The Alaska Senate on Wednesday defeated a measure to expand a health insurance program for low-income children and pregnant women.

In a post-election reversal, House Republicans are supporting nearly $450 billion in Medicare cuts that they criticized vigorously last fall when Democrats and President Barack Obama passed them as part of their controversial health care law.

Maryland's efforts to implement federal health care reform topped a list of a list of bills signed Tuesday by Gov. Martin O'Malley.

It's touted as the biggest one-time rollback of domestic spending ever, but most folks will be hard-pressed to notice. After all, it's just 1 percent of what the government will lay out this year.

President Barack Obama, risking liberal anger and Republican scorn, is turning his attention to the nation's crushing debt with an anti-deficit framework that tackles politically sensitive health care programs while also increasing taxes.

Legislation that would allow Georgians to purchase insurance across state lines has cleared the Senate.