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Bipartisan opposition to 3% tax withholding

Unless Congress takes action, all bills paid by the federal government for goods, services or property after January 1, 2012 will be subject to a 3% tax withholding. The original provision was a...

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Dir. Lew: Improper federal payments on the decline

Following up on an executive order signed by the president in 2009, Obama administration officials held a conference call today to announce their progress in reducing “improper payments” made by the...

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Obama budget pick faces Capitol Hill challenge

WASHINGTON (CNNMoney) - With budget chief Jack Lew stepping up to be President Obama's new chief of staff, Washington is abuzz over who - if anyone - will be tapped as the president's new budget...

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