Amid jitters that high levels of unemployment may force a double dip recession, the IMF warned the slow US recovery would continue and that debt problems loomed.
The Obama administration is overestimating U.S. economic growth and needs to reduce its budget deficit far more aggressively, the International Monetary Fund said on Thursday in a report that [...]
With the November midterm elections looming, Obama said in his weekly radio and Internet address that it was important that Congress act swiftly to ensure that the voices of the American people aren’t drowned out by deep-pocketed corporations and other special interests.
President Barack Obama on Saturday pressed Congress for swift action on measures to restrict [...]
The space shuttle lit up the night sky of Cape Canaveral in the early morning hours on Monday, sending seven astronauts on their way to the International Space Station.
Three women are riding aboard Discovery. A fourth is already at the space station. She arrived Sunday, courtesy of the Russians. That sets a record for [...]
New York Times columnist Paul Krugman called her “a Speaker for the ages” after she ramrodded the national health care reform bill through the House of Representatives. “The most powerful woman in American history,” declared The Economist.
House Speaker Nancy Pelosi
on Thursday condemned vandalism and threats of violence against members of Congress who voted [...]
The No. 2 Senate Democrat accused Republicans Wednesday of refusing to accept the finality of health care changes, a day after President Barack Obama signed the most sweeping medical system remake since Medicare.
“This is a political exercise for too many on the other side of the aisle,” said Sen. Dick Durbin. “We’re going to [...]
The remarkable change in political fortunes thrust Obama into a period of uncertainty and demonstrated the ability of one person to control the balance of power in Washington. On Jan. 19, that person seemed to be Brown. But as the next 61 days would show, culminating in Sunday night’s historic vote, the fate [...]
In the homestretch of the health care debate, one obvious question being asked across the capital is whether Speaker Nancy Pelosi will find 216 votes to pass the bill. For a group of particularly jittery Democrats, the better question may be this: Who will be allowed to slip away?
Yes, the 11th-hour vote tallying is under [...]
House Democrats wary of the Senate health care bill find themselves in a quandary.
Now that the Senate parliamentarian has made clear to Democrats that they won’t be able to take the path they had considered to get a health care bill passed, they must ask themselves: If we vote for the Senate’s bill, do [...]
President Barack Obama is turning up the heat on the nation’s health insurers as he tries to rally support for his overhaul legislation.
He has criticised insurance firms for denying coverage to some and raising rates for their remaining customers.
The attack comes as he engages in a last push to have Congress adopt his proposals to [...]
President Barack Obama is trying to revive his stalled national health care overhaul by taking the fight to the private insurance companies.
The Obama administration will propose legislation that would allow the government to block excessive rate hikes by health insurance companies, a senior administration official said.
The official could not speak on the record because [...]