Flood insurance bill wins U.S. House passage
WASHINGTON (Reuters) – The U.S. House of Representatives, in a rare act of bipartisanship, overwhelmingly passed a bill on Tuesday to protect millions of American homeowners and businesses from dramatic increases in their flood insurance premiums.
Obama budget sets up election-year clash with Republicans
WASHINGTON (Reuters) – President Barack Obama proposed new tax credits and job-training programs for U.S. workers on Tuesday in a 2015 budget that drew instant condemnation from Republicans, who dismissed the document as an election-year campaign pitch…
With 2015 budget, Pentagon looks beyond Afghanistan
WASHINGTON (Reuters) – The Pentagon unveiled a $496 billion base budget on Tuesday that looks beyond Afghanistan to future U.S. security challenges after a dozen years of war, cutting the military to afford more training and new weapons as it adapts to…
With 2015 budget, Pentagon looks beyond Afghanistan
WASHINGTON (Reuters) – The Pentagon unveiled a $496 billion base budget on Tuesday that looks beyond Afghanistan to future U.S. security challenges after a dozen years of war, cutting the military to afford more training and new weapons as it adapts to…
Pentagon aims to replace Raytheon missile ‘kill vehicle’
WASHINGTON (Reuters) – The U.S. Defense Department’s fiscal 2015 budget includes $8.5 billion in funding for missile defense programs and reaffirms the Obama administration’s plan to build 14 additional ground-based interceptors by 2017.
Wisconsin lawmakers select new majority leader
MILWAUKEE (Reuters) – Wisconsin Republican lawmakers selected a new majority leader on Tuesday after unanimously voting to remove Bill Kramer from the post amid sexual harassment allegations against him, according to party leadership.
Obama budget sets Medicare savings, hospitals seek reprieve
WASHINGTON (Reuters) – President Barack Obama’s budget plan for 2015 would save $402 billion from the Medicare and Medicaid government healthcare programs for the elderly and poor over the next 10 years, primarily due to reduced reimbursement to health…
U.S. Senate tax chief looks to tweak code, no reform yet
WASHINGTON (Reuters) – The U.S. Senate’s tax-writing committee will begin work as soon as April on restoring a small package of tax breaks and not try to overhaul the tax code, the committee’s new chairman said on Tuesday.
Cut in funding does not undermine U.S. meat safety: agriculture secretary
WASHINGTON (Reuters) – A cut in funding for the U.S. meat and poultry inspections contained in the Obama administration’s 2015 budget proposal does not mean less attention to food safety, U.S. Agriculture Secretary Tom Vilsack said on Tuesday.
White House wants $1 billion put in affordable housing fund
WASHINGTON (Reuters) – President Barack Obama proposed spending $1 billion next year for the U.S. Department of Housing and Urban Development to fund a federal affordable housing trust fund established by Congress six years ago, according to the 2015 W…
