News bites: Ryan states his case

Rep. Paul Ryan (R-Wis.) makes the case for the GOP budget.

The Obama administration continues to prep for a government shutdown, while working to avoid it.

China's central bank hiked interest rates for the fourth time in six months.

Federal Reserve Chairman Ben Bernanke continued to downplay the risk of inflation in a speech Monday night.

The Fed made emergency loans during the financial crisis to over 100 banks that ultimately failed.

About four out of five IRS audits are now done by mail.