By Stephen Dinan The Washington Times Wednesday, May 16, 2012 The Senate on Wednesday rejected every single budget being offered this year, leaving the chamber — and therefore the federal government — without a plan to address Medicare, Social Security and the other major entitlement programs that are driving deficits and debt. In repeated votes, [...]

Published May 16, 2012 FoxNews.com Not bad for government work.  A new in-depth database of federal worker salaries shows the government paid out a whopping $105 billion in salaries last year for most of its civilian workforce — to boot, the workers got $439 million in bonuses.  The information, which was obtained and number-crunched by [...]

By Stephen Dinan May 16, 2012, 04:27PM President Obama’s budget suffered a second embarrassing defeat Wednesday, when senators voted 99-0 to reject it. Coupled with the House’s rejection in March, 414-0, that means Mr. Obama’s budget has failed to win a single vote in support this year. Republicans forced the vote by offering the president’s [...]

Greeks have to face the consequences of their own political choices. May 15, 2012 – WSJ One way to look at this week’s events in Greece is as George Papandreou’s revenge. As Prime Minister last November, he proposed that Greeks vote on whether they could live with the conditions the EU and IMF were imposing [...]

By Terence Jeffrey (Archive) · Wednesday, May 16, 2012 F. Scott Fitzgerald once wrote a story about a family that discovered a diamond as big as the Ritz-Carlton Hotel sitting beneath a mountain in a remote corner of Montana. The big rock presented a great dilemma. Selling off tiny pieces could yield a massive fortune. [...]

May 15, 2012 Subprime Scandal: Analysts now say the housing market is so weak it may not rebound in our lifetimes. Yet the White House is pursuing the same policies that put it on its back. Worse, many of the officials it has put in charge of reviving the housing market are the same ones [...]

May 15, 2012 Budget: Congressional Democrats plan massive tax increases and crippling defense cuts after November. Why not now? Because the voters would realize the Obama presidency has set the stage for fiscal catastrophe. ‘The way to deal with sequestration is put revenues on the table.” That is third-ranking Senate Democrat Charles Schumer of New [...]

Republicans force Harry Reid to vote on a plan By Emily Miller The Washington Times Tuesday, May 15, 2012 Sen. Harry Reid gave up his budgeting responsibilities once President Obama was elected. For the fourth straight year, the Senate majority leader hasn’t bothered with a spending plan, enabling a $5 trillion spree at 1600 Pennsylvania [...]

Published May 16, 2012 FoxNews.com A Catholic university in Ohio said Tuesday it is being forced to end a student health insurance program over the Obama administration’s contraception mandate and costs associated with other provisions of the health care overhaul. Franciscan University in Steubenville, Ohio, said it has so far excluded contraceptive services and products [...]

By Jose Pagliery @CNNMoney May 16, 2012: 5:26 AM ET NEW YORK (CNNMoney) — It’s a question that could determine if President Obama gets to serve another term: Are you better off than you were four years ago? CNNMoney put the question to six small business owners — Democrats, Republicans and independents. across the political [...]