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>> FEDERAL RESERVE Latest News

JAN 17, 2014 - San Francisco Chronicle

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Lawmakers weary from fiscal wars send Obama budget

WASHINGTON (AP) — After last fall's tumultuous, bitterly partisan debt ceiling and government shutdown battles, a sense of fiscal fatigue seems to be setting in among many Washington policymakers as President Barack Obama prepares for his fifth State of the Union address later this month. A declining U.S. budget deficit, still-accommodative Federal Reserve and a small-bore budget deal negotiated last month — given final approval Thursday in Congress — are helping to temper partisan rhetoric in the short term as attention in Washington shifts to the approaching midterm elections. [...] ... Read More

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