President Benigno Aquino III will likely not mention the Freedom of Information (FOI) bill in his second State of the Nation Address (SONA) on July 25, Department of Budget and Management (DBM) chief Florencio Abad said Wednesday.

When the U. S. Federal Government is spending $1.40 for each $1.00 that comes in, it’s time to either cut spending hard or let the government shutdown. At least some of the out-of-control 2011 spending will slow, while Congress argues about how to cut from Obama’s irresponsible 2012 budget. Meanwhile the President is back in the White House “looking presidential” and plotting his run for ...

When the U. S. Federal Government is spending $1.40 for each $1.00 that comes in, it’s time to either cut spending hard or let the government shutdown. At least some of the out-of-control 2011 spending will slow, while Congress argues about how to cut from Obama’s irresponsible 2012 budget. Meanwhile the President is back in the White House “looking presidential” and plotting his run for ...

WASHINGTON -- House Majority Whip Kevin McCarthy reaffirmed Tuesday that House Republicans would push for another temporary extension on government funding, despite concerns from the White House that heated debates surrounding a string of short-term budget stopgaps could roil skittish markets.

The Republican-controlled U.S. House, continuing its push for spending cuts, voted to put the public financing of presidential campaigns on the budget chopping block.