EPA chief defends budget cuts

WASHINGTON— The head of the Environmental Protection Agency Wednesday defended President Barack Obama’s proposal to reduce the agency’s spending by 12.5 percent in 2012 in an appearance in front of the Senate Environment and Public Works Committee. “This FY 2012...

Curbs on executive pay backed

In order to create jobs and expand the economy, panelists at the Center for American Progress argued Wednesday for reforms to the American model of capitalism—a path also needed, they said, to counteract executives earning billions and potential elimination of the...