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Senate passes $149 bln for jobless aid, tax breaks

The measure, approved by a vote of 62 to 36, now heads to the House of Representatives, where many Democrats have pushed for more aggressive job-creation measures in the face of the worst U.S. economic downturn since the 1930s. Democrats say job creation is their top priority this year as they... More

Tags: budget and tax, congress, economy

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Analysis: Republicans setting filibuster record

The filibuster - tool of obstruction in the U.S. Senate - is alternately blamed and praised for wilting President Barack Obama's ambitious agenda. Some even say it's made the nation ungovernable... More

Tags: republicans, congress, ap.org, Steven R Hurst

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Paulson Says Nation May Profit From Bank Bailout

Henry Paulson, the former Treasury chief, and billionaire Warren Buffett said taxpayers will recover every cent paid out to banks during the economic meltdown and may even turn a profit. The staunch Democrat investor and the Treasury secretary under President George W. Bush spoke onstage Tuesday... More

Tags: budget and tax, economy

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Accepting Peace Prize, Obama Evokes ‘Just War’

As he accepted the Nobel Peace Prize on Thursday, President Obama defended the necessity of some wars, aligned his decision to escalate the combat in Afghanistan with the rationale for other conflicts where the United States has led the fight against oppression and appealed for greater... More

Tags: civil liberties, terrorism, Afghanistan, Iraq

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Obama's healthcare speech helps unify Democrats

A day after President Obama went to Capitol Hill to renew his call for a sweeping healthcare overhaul, Democrats on Thursday rallied behind him, giving important momentum to the push for legislation this year. Especially important for the White House was the reaction of several conservative... More

Tags: congress, health care

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Can Obama pass health care reform?

President Obama's key domestic policy objective is to reform the US system of health care. And the next few weeks will be crucial in determining whether he can deliver the fundamental reform that has eluded his predecessors. More

Tags: congress, health care

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U.S. Wiretapping of Limited Value, Officials Report

While the Bush administration had defended its program of wiretapping without warrants as a vital tool that saved lives, a new government review released Friday said the program’s effectiveness in fighting terrorism was unclear. More

Tags: national security, terrorism

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U.S., Russia agree on framework to reduce nuclear arsenal

Presidents Obama and Dmitry Medvedev's summit yields agreements on building closer cooperation on military and health issues. Russia will let the U.S. use its airspace in the Afghanistan war. Stepping cautiously in their first summit meeting, President Obama and Russian President Dmitry Medvedev... More

Tags: national security, terrorism, Afghanistan, Asia, Europe

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California May Be Forced to Issue I.O.U.’s

Signaling that California is slipping deeper into financial crisis, the state’s controller said Wednesday that his office would soon be forced to issue i.o.u.’s to scores of the state’s creditors, as lawmakers failed at their first attempt as a body to close the state’s multibillion-dollar shortfall More

Tags: budget and tax, economy

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Republicans question cost of healthcare reform; Feinstein expresses doubt

Republicans questioned the cost of healthcare reform plans Sunday, and even Sen. Dianne Feinstein (D-Calif.) acknowledged similar concerns and said she wasn't sure there were enough votes among President Obama's fellow Democrats to pass a plan at the moment. More

Tags: health care

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Guantanamo Bay Detainee Brought to U.S. for Trial

The Obama administration pressed ahead yesterday with its plans to close the military prison at Guantanamo Bay, flying a detainee to New York to face federal trial despite bipartisan opposition in Congress to bringing such prisoners to the United States for trial, resettlement or continued... More

Tags: national security, terrorism

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U.S. Said to Plan Approving 10 Banks to Repay TARP

The Treasury is preparing to announce tomorrow it will let 10 banks buy back government shares, people familiar with the matter said, signaling confidence some of the largest U.S. lenders won’t again need a taxpayer rescue. More

Tags: budget and tax, economy

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Fix Health System, President Urges

Stepping up his push to reform the nation's health-care system, President Obama yesterday warned of the impact of spiraling costs to the nation's finances. "The status quo is broken," Obama declared in his weekly radio and Internet address. "If we do nothing, everyone's health care will be put in... More

Tags: health care

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Medical bills play a role in 62% of bankruptcies, study says

President Obama's push for healthcare reforms gets a boost today from a new study by Harvard University researchers that shows a sizable increase over six years in bankruptcies caused in part by ever-higher medical expenses. The study found that medical bills, plus related problems such as lost... More

Tags: economy, health care

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House Republican Is Choice for Secretary of the Army

New York is not thought of as a big military state. But Representative John M. McHugh, who was selected Tuesday to be President Obama’s secretary of the Army, has long stood out among his New York colleagues for his attention to military matters. More

Tags: national security

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