The obstacle to the deal going forward is in House of Representatives, making it unlikely that whatever spending deal emerges from Washington D.C swamp will offer few or no cuts to spending growth.. Congress begins its August recess, U.S government could default on debt payments due..…

New York Governor Andrew Cuomo has signed into law a bill that would allow the House Ways and Means Committee to obtain copies of state tax returns of an individual, or presumably a corporation, residing in New York, a move that could make it easier for Congress to obtain information about President..…