WASHINGTON — Terms and phrases like the "debt ceiling," reconciliation" and "continuing resolution" may sound like complicated government policies and procedures. However, the issues and policies are ...

Update: Please check Blogging the Beltway later today for Cynthia Gordy’s recap of President Obama’s remarks. In the meantime, learn more about the press conference at the Washington Post. Suggested ...

WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...

If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...

T-bills are dwindling in supply, as the U.S. has been operating without a debt-ceiling fix since January The booming money-market-fund industry could soon face a shortage of its favorite assets to buy ...

Neal J. Riley is a digital producer for CBS Boston. He has been with WBZ-TV since 2014. His work has appeared in The Boston Globe and The San Francisco Chronicle. Neal is a graduate of Boston ...

Contrary to media headlines closely monitoring the lower- and mid-level federal courts as they opine on the individual insurance mandate, the United States Judiciary Branch may have little impact on ...

The booming money-market-fund industry could soon face a shortage of its favorite assets to buy. The supply of Treasury bills, a kind of short-term debt used to fund the federal government, has been ...