Left to their own devices, lawmakers won't successfully deal with the country's spiraling debt situation. That's the opinion of some key members agitating for a special commission to force the hand of Congress.
Republican congressional leaders tore into President Obama's proposed 2010 budget Thursday, arguing that his spending cuts will do little to stem a rising tide of red ink.
Throughout our history, each generation made sacrifices to better the lives of the next generation. Part of the American dream has included passing on to your children hope for the future and the possibility of prosperity.
President Obama huddled with Senate Democrats on Capitol Hill Wednesday as the White House fought to save major domestic priorities in its record $3.6 trillion budget from the congressional budget ax.
The fight on Capitol Hill over next year's federal budget begins in earnest on Wednesday, when the Senate and House Budget Committees will debate just how much they want to spend and tax in 2010.
Hours before President Obama was to hold a prime time news conference -- in part to boost his $3.6 trillion budget plan -- a key Democratic senator Tuesday unveiled a scaled-down budget proposal.
The U.S. budget deficit in 2009 is projected to spike to between $1.67 trillion and $1.85 trillion, according to estimates released Friday by the Congressional Budget Office.
Left to their own devices, lawmakers won't successfully deal with the country's spiraling debt situation. That's the opinion of some key members agitating for a special commission to force the hand of Congress.
Republican congressional leaders tore into President Obama's proposed 2010 budget Thursday, arguing that his spending cuts will do little to stem a rising tide of red ink.
Throughout our history, each generation made sacrifices to better the lives of the next generation. Part of the American dream has included passing on to your children hope for the future and the possibility of prosperity.
President Obama huddled with Senate Democrats on Capitol Hill Wednesday as the White House fought to save major domestic priorities in its record $3.6 trillion budget from the congressional budget ax.
The fight on Capitol Hill over next year's federal budget begins in earnest on Wednesday, when the Senate and House Budget Committees will debate just how much they want to spend and tax in 2010.
Hours before President Obama was to hold a prime time news conference -- in part to boost his $3.6 trillion budget plan -- a key Democratic senator Tuesday unveiled a scaled-down budget proposal.
The U.S. budget deficit in 2009 is projected to spike to between $1.67 trillion and $1.85 trillion, according to estimates released Friday by the Congressional Budget Office.
Republican Sen. Judd Gregg withdrew his nomination as President Barack Obama's commerce secretary Thursday, citing "irresolvable conflicts" over the administration's stimulus bill and the upcoming 2010 census.
Sen. Judd Gregg withdrew his nomination as President Barack Obama's commerce secretary Thursday, citing "irresolvable conflicts" over the administration's stimulus bill and the upcoming 2010 census.
President Obama took his economic stimulus proposal back on the road Thursday, urging final congressional passage of the now-$789 billion bill during a visit to a Caterpillar plant in the state that launched his political career.
U.S. Sen. Judd Gregg won't take the job of commerce secretary in the Obama administration if his appointment would tip the Senate balance of power in favor of Democrats, the chamber's Republican leader said Sunday.
Congressional leaders this weekend reached an agreement on the government's $700 billion bailout proposal, but questions remain over what role the presidential candidates played in negotiations.
Billionaire Warren Buffett told congressional negotiators that if they can't agree on a proposed financial bailout, the nation will face "its biggest financial meltdown in American history," two sources familiar with the talks said.
Top lawmakers in Washington disagreed Sunday about the role Sens. John McCain and Barack Obama played in reaching an agreement on the government's $700 billion bailout proposal.
Rep. Barney Frank, a high-ranking Democrat, said he is convinced that by Sunday, lawmakers will reach a deal on the proposed $700 billion bailout of the nation's financial system.
Congressional leaders say they are near an agreement on a $700 billion bailout package for Wall Street, but many Republican members of Congress are still balking at the deal.
Critics fear the U.S. Environmental Protection Agency will adopt a rule in the waning days of the Bush administration that will make it easier to build coal-fired power plants near national parks
Senate Republicans on Thursday blocked efforts to give bankruptcy courts more power to stave off home foreclosures, a move the chamber's Democratic leader called "a big mistake."
Senate Republicans used a procedural maneuver Monday to keep Democratic leaders from moving forward with a nonbinding resolution opposing President Bush's plan to increase troop levels in Iraq.
In a 367-45 vote, the House on Friday afternoon passed tax legislation that would renew for two years a host of expired business tax credits and popular individual tax breaks, and introduce a new, one-year itemized deduction for mortgage insurance premiums.
IN FEBRUARY WE WROTE ABOUT BOSTON Billows, a Nashua, N.H., maker of nursing pillows ("Total Recall"). In 2004 the U.S. Consumer Product Safety Commission arbitrarily deemed the company's flagship p...
Because this broadcast focuses intensely on the issues that matter most to working and middle-class men and women, I am often critical of both political parties and both houses of Congress and this administration.
Both Republican and Democratic senators took aim Tuesday at the president's proposed 2007 homeland security budget in a hearing, saying it fails to live up to Bush's strong warnings about the threat of terrorist attack.
Sen. Judd Gregg won $853,492 from the Powerball lottery after matching five of six numbers in Wednesday's drawing, adding to his already sizable wealth.
The cost of caring for victims of Hurricane Katrina and rebuilding the areas it wiped out could cost the federal government up to $200 billion, much higher than previous estimates, a newspaper report said Wednesday.
Senators on Tuesday pressed Health and Human Services nominee Mike Leavitt for a permanent commissioner for the Food and Drug Administration, which has been without one for nearly a year amid rising concerns about the safety of drugs on the market.
The number of Americans living in poverty jumped to 35.9 million last year, up by 1.3 million, while the number of those without health care insurance rose to 45 million from 43.6 million in 2002, the U.S. government said in a report Thursday.
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