Daily News Channel
It’s not exactly the can-do, uplifting kind of message that President Barack Obama or Congressional Democrats want to deliver to the voting public. But in the face of soaring deficit projections and growing Republican and moderate Democratic opposition to the Administration’s $3.6 trillion budget plan, it may just be the best they can do.
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. Sen.
Barely a day goes by on Capitol Hill without some politician expressing a good measure of righteous indignation.
The House of Representatives passed legislation Thursday to try to recoup bonuses paid to Wall Street executives with taxpayer money. The measure passed, 328-93; most Democrats supported the measure, while Republicans were sharply divided.
Dick Cheney has never had any qualms about defending the Bush Administration war on terror or criticizing Democrats’ alternative approaches to national security.
President Obama topped a town hall appearance Wednesday by claiming responsibility for the bonuses paid out to executives at the bailed-out insurance giant American International Group, saying, "I’m outraged, too." Cushioned by high approval ratings, analysts said Obama can emerge from this controversy relatively unscathed, but there’s only so many times he can get away with saying, “Blame me.” AIG accepted more than $170 billion in federal assistance in the past six months. It was revealed this week that since accepting those funds, the company doled out more than $165 million in bonuses.
Ask an Administration official what to expect legislatively this year and the answer will probably fall along these lines: reregulation of the financial markets, followed by the budget, health care and then green jobs. It is a massive agenda for President Barack Obama’s first year in office, and already some in the environmental community are worried that their agenda will be sacrificed.
A national poll indicates that nearly two out of three Americans approve of the job President Obama’s doing, but the survey suggests that people appear to be split on how he’s handling some aspects of the economy. Obama’s job approval rating stands at 64 percent in a CNN/Opinion Research Corp
A bipartisan group of nine U.S. senators, after meeting for nine months behind closed doors, is nearing an agreement on the broad strokes of a health care reform bill
House Democratic aides denied Wednesday that work is already underway on a second stimulus package.