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**FILE** A statue of former Treasury Secretary Albert Gallatin stands outside the Treasury Building in Washington on Aug. 8, 2011. (Associated Press)

Annual federal deficit nears $1 trillion

The federal deficit is bumping up against the $1 trillion mark for the fourth straight year, having reached $975 billion through the end of July with two more months still to go in the fiscal year, the Congressional Budget Office said Tuesday.

Sen. Richard J. Durbin (Associated Press)

Senators to China: Stop selling fake IDs

A bipartisan quartet of senators has called on the Chinese government to crack down on companies in its country that produce counterfeit American driver's licenses, saying the practice is a serious national security threat to the U.S.

Sen. Joseph I. Lieberman, Connecticut independent (Barbara L. Salisbury/The Washington Times)

Lieberman: 2000 VP realization like a 'hallucinatory hangover'

As if there wasn't already enough palace intrigue over who presumptive Republican presidential nominee Mitt Romney will choose as his running mate, Sen. Joseph I. Lieberman, Connecticut Independent, relayed the news to any potential contender Tuesday morning that they may be the pick — they just don't know it yet.