The federal governments 'office manager' -- an agency that should be synonymous with fiscal restraint -- is under fire for lavish spending at a Las Vegas Convention. Major miscalculations? Election year pandering? Or something else?
President Obama renewed his call for lawmakers to end tax subsidies for big oil companies on Thursday. But the measure failed on a procedural vote in the Senate. Some say the issue is more about political posturing than realistically addressing the high price of gasoline.
The House debated the budget plan of Representative Paul Ryan, an ambitious blueprint that would cut taxes and spending. But some fellow Republicans still opposed it for not cutting the deficit fast enough.
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