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President Obama says that unless a temporary payroll tax cut is extended this month, 160 million Americans would see their taxes increase. But there's concern on both sides of the political aisle that the payroll tax holiday might be undermining the solvency of Social Security.

Two former governors are facing off in a race that will help determine which party controls the Senate in 2013. Republican George Allen is doing his best to tie Democrat Tim Kaine to President Obama, who won the state in 2008 but is now struggling with Virginia voters.

For many, reindeer are magical sled-pulling creatures found on sweaters and coffee mugs this time of year. For others, though, reindeer are a way of life.

The 2008 financial crisis made it clear: Americans save too little, spend too much and borrow excessively, says Princeton professor Sheldon Garon.

The 2008 financial crisis made it clear: Americans save too little, spend too much and borrow excessively, says Princeton professor Sheldon Garon. In Western Europe and East Asia, governments aggressively encourage people to save through special savings institutions and savings campaigns.

The owner of the Upper Big Branch coal mine is reportedly ready to pay slightly more than $200 million to settle civil and criminal claims resulting from the explosion that killed 29 people last year. An announcement is expected Tuesday, along with a final report from the Mine Safety and Health Administration on what caused the blast.

Vladimir Putin's party didn't do as well as it has previously in parliamentary elections, and that suggests he will face growing challenges running up to the presidential poll in March. Following his two terms as president during the last decade, Putin is currently serving as prime minister and has been the most powerful figure in the country since 2000.

The U.S., E.U., Turkey and others have imposed sanctions on the Syrian regime. But the rapid developments and escalating violence in the region leave many wondering what, if anything, the U.S. can and should do to stop the violence.

Part of the defense budget usually protected from budget cuts is health care and retirement benefits, but some argue those benefits are depleting the Department of Defense of funds it needs to function as a top military force.

At the Pentagon, bean counters are working long hours trying to figure out how to cut close to a trillion dollars from the department of defense budget over the next ten years. Part of the defense budget usually protected from budget cuts is health care and retirement benefits, but some argue those benefits are depleting the Department of Defense of funds it needs to function as a top military force.