Hill leaders voice confidence in debt deal

November 16, 2012 9:55 AM0 comments
Hill leaders voice confidence in debt deal

After meeting with Obama, congressional leaders voice confidence in deal to avoid fiscal cliff Congressional leaders are expressing confidence they can reach a deal with President Barack Obama to head off the “fiscal cliff” and the risk of a new recession. The top members of the House and Senate spoke […]

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Obama re-election forces states to scramble on health care law

November 13, 2012 3:40 PM0 comments
Obama re-election forces states to scramble on health care law

President Obama’s re-election has effectively ended the waiting game about whether his law that overhauls the U.S. health care system would really take effect, sending states into a scramble to — among other things — decide by Friday whether to establish their own programs for residents and businesses to buy […]

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Petraeus Sex Scandal: Does It Put the Whole Nation at Risk?

10:43 AM0 comments
Petraeus Sex Scandal: Does It Put the Whole Nation at Risk?

Washington’s fixation with the David Petraeus sex scandal could have serious consequences for the whole country. The deadline to avert the so-called fiscal cliff — the most pressing fiscal crisis at the moment — could be delayed if members of Congress and the White House decide to investigate the FBI, […]

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Momentum builds for U.S. immigration reform plan

November 11, 2012 12:44 PM0 comments
Momentum builds for U.S. immigration reform plan

Two U.S. senators launched a fresh move to put together a bipartisan immigration reform plan on Sunday, restarting talks on a proposal that includes a path to citizenship for illegal immigrants already in the country. Since President Barack Obama was re-elected last week with overwhelming support from Hispanic voters, many […]

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Nebraska Governor Dave Heineman a Republican, wants TransCanada to change the route of the Canada-to-Texas Keystone XL pipeline

October 25, 2011 7:07 AM0 comments
Nebraska Governor Dave Heineman a Republican, wants TransCanada to change the route of the Canada-to-Texas Keystone XL pipeline

Nebraska Governor Dave Heineman said on Monday he will call a special session of the state legislature over TransCanada Corp’s proposed $7 billion oil sands pipeline that would cross ecologically sensitive areas. Heineman, a Republican, wants TransCanada to change the route of the Canada-to-Texas Keystone XL pipeline away from Nebraska’s […]

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WikiLeaks not financially endangered: Assange

October 17, 2011 6:44 PM6 comments
WikiLeaks not financially endangered: Assange

WikiLeaks founder Julian Assange told Latin American media that his organization was far from financially endangered despite sanctions slapped on it by the United States. Purportedly “our biggest problem is an economic problem related due to that US banking and financial embargo. But we’re not taking this lying down,” Assange […]

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New Buy American provisions in Obama’s jobs act, much to Canadian dismay

October 12, 2011 1:36 PM39 comments
New Buy American provisions in Obama’s jobs act, much to Canadian dismay

WASHINGTON – Call it Buy American, The Sequel. U.S. President Barack Obama’s proposed new $447 billion American Jobs Act is aimed at creating much-needed jobs in the United States, but it’s also reigniting trade tensions between the country and Canada, its biggest trading partner. The act, released in full by […]

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Obama: Jobs bill ‘moment of truth’ for Senate

7:42 AM19 comments
Obama: Jobs bill ‘moment of truth’ for Senate

President Barack Obama says the Senate faces a “moment of truth” as it prepares to vote on his $447 billion jobs bill. The president says the economy needs a jolt right now, and the Senate has a chance to do something about it. Nonetheless, the measure is expected to go […]

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Drop in Crude Prices Doesn’t Mean Savings at the Pump

7:35 AM15 comments
Drop in Crude Prices Doesn’t Mean Savings at the Pump

No, U.S. motorists, you haven’t been imagining it: despite a large decline in oil prices since May, gas prices have taken a longer time to fall than to rise. Gas prices rocketed up about $1.85 per gallon in just two short months this spring, to an average price for regular […]

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Obama acknowledges Wall Street protests as a sign

October 7, 2011 9:59 AM64 comments
Obama acknowledges Wall Street protests as a sign

Concerns over Wall Street practices and economic inequality that have led to sit-ins and rallies in New York and elsewhere reverberated up to the White House on Thursday, with President Barack Obama saying the protesters are expressing the frustrations of the American public. Thousands of protesters, including many in union […]

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