Wild optimism about economic growth is at the heart of the Obama administration's plans to shrink the federal budget deficit. And that's not the only problem.
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Congressional Democrats are hammering a controversial budget proposal recently put out by a bloc of Republicans, looking to put the GOP on the defensive about its own ideas and blunt momentum the Republicans have gained from attacking Democratic policies.
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House Minority Leader John Boehner on Friday rebuffed a request from the Obama administration to work with Democrats to rein in soaring budget deficits, aides said. Instead, the Ohio Republican argued, the White House's plans for a bipartisan commission to address the deficits should be scrapped and...
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President Obama sketched out an alternative approach to passing health-care legislation that would enlist Republicans and potentially extend debate into the spring, a strategy seemingly in conflict with the fast-track talks among Democrats on Capitol Hill.
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Interagency interrogation teams have started to question key terrorism suspects under a classified charter approved last week, but authorities have been slower to resolve pressing issues that emerged since Christmas -- including how to draw the line between gathering intelligence and building a l...
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Icahn Supports Thain As New CIT CEO
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The dollar weakened against the euro Monday, but held firm against other major currencies, as concerns about Greece's fiscal health eased slightly.
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During the 2 1/2 years that his wife, Sarah, was governor of Alaska and then a vice presidential candidate, Todd Palin inserted himself into a host of state decisions, including judicial nominations and gas pipeline bids, according to e-mails released Friday.
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