Obama urges Hill leaders to extend payroll tax cut
Seeking to break a stalemate that is threatening 160 million workers with Jan. 1 tax increases, President Barack Obama urged the top leaders of Congress Wednesday to first pass a short-term extension...
View ArticleCongress hopes to wrap up payroll tax cuts renewal
Capping a full retreat by House GOP leaders, Congress will convene Friday in hopes of approving a stopgap measure renewing payroll tax cuts for every worker and unemployment benefits for millions —...
View ArticleCongress approves payroll tax cut extension
After weeks of bickering and doubt, Congress delivered a last-minute holiday tax cut extension to 160 million workers Friday along with further unemployment benefits for millions laid off in the...
View ArticleObama to take on economy in State of the Union
Addressing a divided nation amid a determined GOP campaign to take his job, President Barack Obama is preparing to issue a populist cry for economic fairness as he aims to corral the sympathies of...
View ArticleJob creation driving highway bills in Congress
The lure of roads, bridges, buses and trains isn’t enough anymore to drive an expensive transportation bill through Congress. So to round up votes, congressional leaders are pitching the bills as the...
View ArticleBoehner: Deal near on student loans, highways
Congress is nearing agreements that would prevent a doubling of student loan interest rates and revamp the nation’s transportation programs, House Speaker John Boehner said Wednesday. If completed, the...
View ArticleSenate Democrats pushing tax cuts for business
Democrats want to push tax cuts through the Senate for companies that hire new workers, give raises or buy major new equipment this year. With neither party eager to let the other claim campaign-season...
View ArticlePresident Barack Obama wins re-election
Obama's re-election means his signature health care overhaul will endure, as will the Wall Street overhaul enacted after the economic meltdown.
View ArticleFiscal cliff breeds biz inaction
Many firms are postponing some business decisions due to the uncertainty of the “fiscal cliff.”
View ArticleCongress to vote on Superstorm Sandy flood aid
Northeast lawmakers say the money is urgently needed for storm victims awaiting claim checks from the late October storm, which was one of the worst ever to strike the Northeast.
View ArticleCantor: Not such a bad week for New York
Long Island's congressional delegation flexed its muscle.
View ArticleStormy issue of Sandy aid settles down in House
The House measure includes about $16 billion to repair transit systems in New York and New Jersey and a similar amount for housing and other needs in the affected area.
View ArticleObama says he’ll sign $50.5B Sandy aid bill soon
Despite opposition from conservatives concerned about adding billions of dollars to the nation's debt, the Senate cleared the bill, 62-36.
View ArticleGov’t downsizes amid GOP demands for more cuts
Spending by federal, state and local governments has been shrinking steadily since the deep 2007-2009 recession.
View ArticleIn budget fight, sky is falling again
Over the last week, administration officials have come forward with a grim compendium of jobs to be lost, services to be denied or delayed, and more "horribles."
View ArticleGov’t shutdown enters 2nd week, no end in sight
Washington will be closely watching the financial markets on Monday to see if the uncompromising talk rattles Wall Street and worldwide economies
View ArticlePoll: GOP gets the blame in government shutdown
Americans are holding Republicans primarily responsible for the government shutdown as public esteem sinks for all players involved, according to a new poll.
View ArticleBoehner offering Obama short-term debt extension
Facing a fresh deadline, House Speaker John Boehner said Thursday that Republicans would vote to extend the government's ability to borrow money for six weeks
View ArticleGOP to advance ‘clean’ debt limit increase
House Speaker John Boehner said the House will vote to increase the government's borrowing cap without trying to attach conditions sought by some Republicans.
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