US Treasury News

The Federal Housing Administration could run out of money over the next year and require a $700 million cash infusion from the Treasury Department to stay afloat, according to the Obama administration's budget request sent to Congress Monday.

The Obama administration is reviving its call for disallowing the deduction for excess nontaxed reinsurance premiums paid to affiliates.

CORRECTED: An earlier version of this story listed the wrong figure for the Treasury Department budget request.

Colony Bankcorp Inc. in Fitzgerald, Ga., will suspend paying a dividend on preferred stock that the Treasury Department holds and interest payments on some junior debt.

Muskegon Heights schools got more bad news recently with a decision by the state to start garnishing its state aid payments.

Treasury Department rules that would give employees more choices in how they receive retirement plan benefits when they leave a job or retire would pose another benefit communication challenge for employers.

Feb. 12, 1938: Private groups were reported active in two directions in a campaign to obtain government approval of the 14th and Farnam Streets location as the site for the planned $3 million Omaha post office.

Charter school advocates worry a proposed federal rule could force South Carolina and other states to dump charter school employees from state retirement systems.

Forexpros - The U.S. federal budget balance rose more-than-expected last month, official data showed on Friday.

The monthly budget deficit narrowed to $27.4 billion in January from $49.8 billion in the same month a year earlier, partly because some benefit payments normally made in January were shifted to December, the Treasury Department said on Friday.

As we've seen over the past few months, Americans are not happy with the way things are.

News, Weather and Sports for Sioux City, IA: KCAU-TV.comGov't on pace for $1T deficit despite January dip WASHINGTON - The federal deficit was lower through the first four months of the budget year than the same period last year.

The budget deficit fell sharply in January compared to a year earlier, as an improving economy lifts income tax revenue.

The New Republic's Noam Scheiber reports that the Treasury Department formulated a plan in late 2010 to spare the administration a costly and politically damaging fight over raising the country's debt ceiling - but that there was no appetite within the West Wing for a public fight with Republicans so soon after the midterms: After the midterm ... (more)

The $2.8 billion-asset company announced Wednesday that it has paid back the final $19.2 million of the $59 million it received from the Treasury Department program in February 2009.

The Internal Revenue Service and the Treasury Department have released an eagerly anticipated set of proposed regulations for implementing the Foreign Account Tax Compliance Act.

If you're among those who have been anxiously awaiting the release of the Federal Reserve's new high-tech $100 bill, cool your jets.

A 4-year-old proposal by state Sen. Diane Allen to expand the powers of the state's taxpayer advocate and make it a permanent part of the government finally has seen some movement in the Legislature.

The budget deficit shrank by nearly half in January compared to a year earlier as tax collections from individuals rose and outlays fell, the Congressional Budget Office said on Tuesday.

The outstanding amount of zero-coupon U.S. Treasury notes and bonds fell for a sixth straight month in January, the longest stretch of declines since 2009, as the Federal Reserve 's Operation Twist program soaked up securities.