While Congress has yet to discuss spending cuts to defense and domestic programs, they have drawn the line on tax increases a...

Elizabeth Hartfield/ABC NEWSDec. 5, 2012How does one come up with $4 trillion in revenue and spending cuts?That's the...

By LUIS MARTINEZ, Z. BYRON WOLF and MARTHA RADDATZ/ABC NEWSNov. 9, 2012CIA Director David Petraeus has resigned his position,...

By SUSANNA KIM /ABC NEWSSept. 13, 2012The Federal Reserve announced its highly-anticipated quantitative easing, or its so-cal...

from ABC NewsSen. Patty Murray (D-Wash.) on Monday announced that Democrats are willing to allow a slew of tax cuts and spend...

from ABCNewsJon Huntsman will drop out of the Republican presidential race on Monday, a campaign spokesman told ABC News.A so...