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In response to my blog last week, "A Case for Government Funding of the Arts, Part 1," several readers posted comments which decried any connection between the arts and government, even calling for the disestablishment of the National Endowment for the Arts (NEA).These comments — which I expected —

Those familiar with my postings may know that I am a proponent of the National Endowment for the Arts (NEA).

Republicans and Democrats quickly doled out blame to each other and China weighed in angrily after the first-ever downgrade in America's sterling credit rating — an expected but unsettling move that further clouds prospects for the recovery of the fragile U.S.

With the fight over the U.S. debt ceiling finally over, investors are free again to focus on all the economic challenges that lie ahead, but they are finding little reason to celebrate.

After months of bickering, posturing and name calling, Congress reached a debt deal. Legislators used every inch of room before hitting Tuesday’s debt-ceiling deadline. The deal passed the House and is expected to pass the Senate Tuesday. Still, nobody appeared to jump for joy.

The House of Representatives' vote to approve a bill raising the U.S. federal debt ceiling ended weeks of uncertainty and bitter debate. But even as the vote tally came in, the loudest cheers in the chamber were heard when Rep.

The House of Representatives has approved legislation to raise the federal debt ceiling and prevent a possible U.S.