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December 20, 2015

Treasury: US borrowing authority expires Oct. 17

Treasury Secretary Jacob Lew says the government will have exhausted its borrowing authority by Oct. 17, leaving the United States with just $30 billion cash on hand to pay its bills.

December 20, 2015

Summers withdraws from Fed Reserve consideration

Lawrence Summers, who was considered the leading candidate to succeed Ben Bernanke as Federal Reserve chairman, has withdrawn from consideration, the White House said Sunday.

December 20, 2015

Decision looms in Holder's Fast and Furious contempt case

While most of Washington has moved on, legal scholars expect a decision soon in a potentially landmark case in one of the federal government's most damaging scandals - Operation Fast and Furious.

December 20, 2015

Transcript of President Obama's interview with 91±¬ÁÏ' Chris Wallace

Obama tells 91±¬ÁÏ' Chris Wallace US is willing to negotiate with Russia and Syria over proposal to have Syria turn over chemical weapons to international control, taking a sharp turn from his 'red line' on eve of speech to the American people.

December 20, 2015

State Department fires back over Putin claims Kerry 'lied' about Syria

Russia is a staunch supporter of the Assad regime, and has resisted any military action against the government in Syria by the U.N. or Western powers.

December 20, 2015

Kerry, Hagel claim inaction on Syria 'dangerous' for US; skeptics warn of 'war'

Secretary of State John Kerry made a forceful case for military action in Syria during congressional testimony on Tuesday, arguing that doing nothing would open a "Pandora's box" of "dangerous consequences" for the United States. 

December 20, 2015

White House getting advice on Syria from former Obama campaign advisers

The aides met with former top Obama campaign hands like strategist Anita Dunn, former deputy campaign manager Stephanie Cutter and long-time adviser David Axelrod.

December 20, 2015

Teresa Heinz Kerry makes first public appearance since suffering seizure in July

Heinz Kerry was seated in the row behind her husband as he testified Tuesday at a Senate hearing on Syria.

December 20, 2015

Congress looking into VA bonuses amid agency problems

A Republican-led House committee is looking into the Department of Veterans Affairs awarding roughly $573,000 in bonuses as the agency continues to try to fix a list of problems -- highlighted by a backlog of hundreds of thousands of veterans’ claims.

December 20, 2015

Capitol Hill report warns shutdown could pose risks to national security

Washington is warning Americans about the likely effects of a government shutdown should lawmakers fail to strike a deal to fund the government before it runs out of money Oct. 1 -- from immediate furloughs for thousands of federal workers and cutbacks in veterans’ care to possible, longer-term national security risks.