Broker Regulation

The House, in a bipartisan vote, has passed a yearlong government funding measure cutting $38 billion from the budget and closing out sometimes quarrelsome negotiations between the Obama administration and Republicans dominating the House.

A comparison of President Barack Obama's latest deficit reduction proposal with a Republican plan written largely by Rep. Paul Ryan of Wisconsin.

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 speech Wednesday, President Obama unveiled his deficit reduction framework, vowing to curb health spending with changes to Medicare and reforms to the Affordable Care Act, which he says would save an additional $340 billion by 2021.