The House of Representatives on Saturday night passed a sweeping health care bill by a vote of 220-215.
President Obama deserves an A+ for his agenda for education reform. His decision to nominate Arne Duncan as U.S. education secretary was inspired, and his comments on holding the system accountable are honest, refreshing and insightful.
The push to overhaul health care received a major boost Thursday as the American Medical Association and AARP endorsed legislation drafted by top House Democrats.
Stimulus may have created or saved 640,000 jobs so far, but many of those positions were never intended to last.
Now that we're officially (if barely) out of the Great Recession, it's time for our nation's elected officials to get down to serious business -- that of taking credit, assigning blame, and calling each other liars.
Economic growth and job creation remain the government's top priority, despite a federal deficit that is "too high," Treasury Secretary Timothy Geithner said in an interview broadcast Sunday.
The largest stimulus program in the nation's history has created or saved just over 640,000 jobs, the Obama administration said Friday.
The Obama administration said Friday that stimulus has created or saved 640,000 jobs so far.
The Obama administration on Thursday lashed out at a prominent critic of its Cash for Clunkers program, arguing that the popular trade-in initiative helped give the auto industry and the economy a much needed boost in the past few months.
The battle over health care reform reached another milestone Thursday as top House Democrats unveiled sweeping legislation that includes a highly controversial public health insurance option.
The House of Representatives on Saturday night passed a sweeping health care bill by a vote of 220-215.
President Obama deserves an A+ for his agenda for education reform. His decision to nominate Arne Duncan as U.S. education secretary was inspired, and his comments on holding the system accountable are honest, refreshing and insightful.
The push to overhaul health care received a major boost Thursday as the American Medical Association and AARP endorsed legislation drafted by top House Democrats.
Stimulus may have created or saved 640,000 jobs so far, but many of those positions were never intended to last.
Now that we're officially (if barely) out of the Great Recession, it's time for our nation's elected officials to get down to serious business -- that of taking credit, assigning blame, and calling each other liars.
Economic growth and job creation remain the government's top priority, despite a federal deficit that is "too high," Treasury Secretary Timothy Geithner said in an interview broadcast Sunday.
The largest stimulus program in the nation's history has created or saved just over 640,000 jobs, the Obama administration said Friday.
The Obama administration said Friday that stimulus has created or saved 640,000 jobs so far.
The Obama administration on Thursday lashed out at a prominent critic of its Cash for Clunkers program, arguing that the popular trade-in initiative helped give the auto industry and the economy a much needed boost in the past few months.
The battle over health care reform reached another milestone Thursday as top House Democrats unveiled sweeping legislation that includes a highly controversial public health insurance option.
A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.
What do you know? The suits at troubled finance firm GMAC must like working for less money. How else to explain that GMAC is reportedly trying to get a third helping of government rescue funds? GMAC is one of the seven firms that the Obama administration announced sweeping changes in executive compensation for last week.
House Democratic leaders will unveil on Thursday a health care bill that includes a more moderate version of the public option, several Democratic leadership aides tell CNN.
Will the third bailout be the charm for GMAC?
Independent Sen. Joseph Lieberman said Tuesday he would join a Republican filibuster to block the final vote on any health care bill that has a government-run public health insurance option.
One year after risky practices by the nation's biggest banks almost brought down the economy, many of those institutions are even bigger -- and some say even riskier.
Treasury Secretary Timothy Geithner said Tuesday he expects a wave of banks to return government bailout money to taxpayers soon.
The contentious debate over health care took a new twist Monday as Senate Majority Leader Harry Reid announced his decision to craft legislation including a public insurance option allowing states to opt out.
Senate Democratic leaders met Thursday night with White House officials to consider including a government-funded public health insurance option, along with a provision allowing states to opt out of it, in a health care overhaul bill.
Senate Democratic leaders met Thursday night with White House officials to consider including a government-funded public health insurance option, along with a provision allowing states to opt out of it, in a health care overhaul bill.
House Speaker Nancy Pelosi said Thursday that Congress is set to consider a measure increasing the amount of money the federal government can lend to small businesses.
A key House committee on Thursday approved the most high-profile part of the White House plan to prevent future financial collapse: The creation of a new agency to regulate consumer financial products.
Creating and saving jobs while boosting investment in the future are among the top goals of the Obama administration's $787 billion economic stimulus plan.
The $700 billion bailout will ultimately cost taxpayers billions of dollars, but the government stands to lose much more than the money it's pouring into companies.
I started on Capitol Hill in the fall of 1989 as an intern for House Minority Leader Bob Michel. Republicans had just elected a firebrand named Newt Gingrich to be their whip. Democrats had just replaced their speaker, Jim Wright, with Tom Foley. And George H. W. Bush was settling in to his first year as president.
Bruce Bartlett was a lieutenant in the Reagan revolution. As an aide to congressman Jack Kemp, he helped write the legislation underpinning Ronald Reagan's 1981 tax cut and then worked in the Reagan and the George H.W. Bush administrations.
House Speaker Nancy Pelosi warned her Senate counterparts Thursday that she intends to fight hard for a government-run health care plan as part of any comprehensive overhaul bill.
There will be no cost-of-living increase for 57 million Social Security beneficiaries next year because consumer prices have fallen, the Social Security Administration announced on Thursday.
The focus on health care reform now shifts to the Democratic leadership in Congress a day after the Senate Finance Committee voted through its version of the health care bill.
The health care reform debate reached a new milestone Tuesday as a key congressional committee passed an $829 billion plan projected to extend coverage to an additional 29 million Americans.
They're angry and fighting back with full force.
Is the largest one-time economic recovery effort in U.S. history creating jobs?
President Obama has been steadfast in his pledge that he won't raise taxes on those making less than $250,000. But that doesn't mean only high-income households will be subject to higher taxes.
President Barack Obama's top economic adviser said Monday the United States is on the path toward economic recovery, conditions in financial markets are steadier and there have been initial signs of stabilization in the housing market.
An investigation commissioned by the city of New York found private gun vendors selling weapons to buyers who admitted not being able to pass background checks, breaking federal law, a report released Wednesday says.
A compromise health care proposal widely seen as having the best chance to win Democratic and Republican support would cost $829 billion over the next 10 years, nonpartisan budget analysts concluded Wednesday.
Amid nervousness about states' economies and a growing unemployment rate, the Obama administration is considering a series of measures aimed at putting many Americans back to work before the 2010 midterm elections, sources close to the process told CNN.
The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and will pass 10 percent, former Federal Reserve Chairman Alan Greenspan said Sunday.
President Obama kicked off a crucial week in the health care reform debate Monday by castigating political opponents for spreading distortions about his plan.
A government watchdog says federal officials weren't entirely honest with the public about the health of the first 9 financial firms that got federal bailouts, according to a report released Monday.
The U.S. economy will grow more than expected in the third quarter, but unemployment also will continue to increase and "penetrate" the 10% barrier, former Federal Reserve Chairman Alan Greenspan said Sunday.
The Senate Finance Committee completed debate on proposed health care legislation early Friday.
The Senate Finance Committee completed debate on proposed health-care legislation early Friday.
Federal Reserve Chairman Ben Bernanke on Thursday endorsed most of the Obama administration's plan to overhaul the regulatory system, except for a consumer agency.
Every time a doctor orders an extra test for you, it pushes up your medical costs and -- some experts say -- contributes to the waste in the nation's $2.2 trillion in health care spending.
As lawmakers huddled this summer to put together the framework for health care legislation, it quickly became evident that the battle over President Obama's top priority would be neither quick nor easy.
Setting the stage for a dramatic battle over gun rights, the Supreme Court on Wednesday accepted an appeal challenging the ability of state and local governments to enforce strict limits on handguns and other weapons.
The Senate Finance Committee on Tuesday rejected two amendments to include a government-run public health insurance option in the only compromise health care bill so far.
Two members of the Senate Finance Committee plan to put their Democratic colleagues on the spot on Tuesday by offering amendments on whether to give uninsured Americans the opportunity to join a government insurance program.
After a heady week on a high-stakes world stage, President Obama returned to America's messiest political mosh pit -- the health care debate.
The chairman of the Federal Communications Commission outlined rules on Monday that would prohibit Internet providers from selectively blocking Web content and applications.
A day after former Baptist minister and likely presidential rival Mike Huckabee offered a withering critique of Mitt Romney's record, the former Massachusetts governor made his pitch to the same group of religious conservatives.
President Obama took his health care reform message back on the road Thursday, promising a raucous crowd of college students that Congress will pass legislation this year.
The seemingly elusive effort to reach a consensus on health care reform got a new boost Wednesday with the long-awaited launch of a plan believed to have the best hope so far of winning support from centrist Democrats and Republicans.
Increased awareness of the details of a possible compromise health care bill is boosting the comfort level of both Democrats and Republicans, a key Democratic senator said Monday.
Just a month after taking office, President Obama asked Congress to move fast to reform the "outdated" system of financial oversight and install "tough, new common-sense rules of the road" for Wall Street.
As government regulators switch from crisis-mode to rescue mode, many of the biggest and most successful bailout programs are well on their way to extinction. But there are plenty of others that are gaining momentum as the economy heads toward a recovery.
It's nearly one year after the big crash, and the financial system is still functioning.
When it comes to TARP, it's better late than never for some banks.
Democrats met Friday in hopes of achieving consensus on one of the biggest sticking points in the health care battle, while the House majority leader predicted final legislation will include a public option.
It's political déjà vu. It seems like just yesterday that hard-core conservatives were griping about a Republican president who wasn't dependably conservative.
The nation's economy started to turn around after the passage of President Obama's $787 billion stimulus package in February, his chief economic adviser said Thursday.
The struggle over health care reform intensified Thursday as President Obama sought to build on what administration officials hoped was new momentum generated by his prime-time address to Congress.
So did President Obama's remarks last night signal a serious willingness to work with Republicans on health care -- or not? A determination to incorporate the GOP's "legitimate concerns" -- or not? It sure wasn't clear from the tone or the substance of his prime-time address, a conflicted cocktail of sour grapes and honeyed outreach to his critics.
After a month of heated debate on health care reform, it's time to play some hardball. As we settle back in to Washington, I am glad to see President Obama step up to bat and reissue and re-energize his call for reform.
President Obama on Wednesday made a passionate call for Congress to fix the nation's ailing health care system in the same spirit that created Social Security and Medicare in difficult times.
President Obama says reforming health care is central to the task of getting the government's long-term financial problems under control. And he's right.
President Obama's speech to Congress Wednesday on health care reform will probably be one of the high-noon moments of his presidency.
Brazil has confirmed 657 fatalities caused by the H1N1 flu, the highest number of deaths in the world, the nation's Health Ministry said.
A proposed health-care compromise by the powerful chairman of the Senate Finance Committee lacks a government-run insurance option favored by Democrats and would tax the most expensive health insurance plans, a source close to the discussions told CNN Monday.
A proposed health care compromise by the powerful chairman of the Senate Finance Committee lacks a government-run insurance option and would tax the most expensive health insurance plans, a source close to the discussions told CNN Monday.
The White House is quietly talking about drafting formal health care legislation after allowing Congress to work on its own for months, CNN has learned.
Activists on both sides of the U.S. political divide have taken their shows on the road -- via bus.
As President Obama tries to hit the restart button on the health care debate next week, it's make or break time for the public option idea. That's the government-run plan that would compete with private insurers.
President Obama and top aides have quietly stepped up talks with moderate Republican Sen. Olympia Snowe of Maine on a scaled-back health care bill, according to two sources familiar with the negotiations.
President Obama will address the contentious issue of health-care reform in a speech to a joint session of Congress on September 9, multiple Democratic sources said Wednesday.
Beyond the noise of raucous crowds and angry protesters who have turned town hall meetings into shouting matches is genuine concern from ordinary citizens who are afraid that President Obama's health care proposals would only make things harder for them, experts say.
Brazil has confirmed 557 deaths caused by H1N1 flu, the highest total in the world, the nation's Health Ministry says.
An increasing number of economists agree with the government's response to the recession, saying they believe the economy is on the road to recovery, according to a survey released Monday.
A $9 trillion federal deficit over 10 years may be too hard to comprehend. But this part is easy: Such unwieldy amounts of debt could have an impact on Americans' bottom line one way or the other -- if not tomorrow, then the day after.
The government promised $27.5 billion in stimulus funds to help fix the nation's crumbling roads and bridges as part of a broader effort to save jobs. The effort is working...sort of.
Facing a recent erosion of public support for health-care overhaul, President Obama lashed out at his opponents Saturday for spreading "outrageous myths" on the Internet, television, and at town hall forums.
If Washington wants health care reform with bipartisan support, experts say consider what former Republican presidential candidate Mitt Romney accomplished as governor in Democratic Massachusetts.
If you're looking for the most detailed look yet about how banks have used funds from the $700 billion bailout, you're in luck.
President Obama took his health care message to talk radio Thursday, telling listeners of Philadelphia-based host Michael Smerconish that he wants to overhaul the nation's ailing health care system out of necessity rather than politics.
Democratic members of Congress, party strategists, and even President Obama have tried their best to portray Republicans as obstructionists to health care reform, and want us to believe that if the effort fails, it's all because of the GOP.
Are you confused by all the back and forth on health care reform? Here's a guide to some of the terms commonly tossed about in the debate.
In the chess game over health care reform, the White House's last move was to say Democrats might use a procedural move to get a bill through without working with Republicans.
From Yellowstone National Park to the Everglades, America's 391 national parks are in need of repair -- and thanks to the economic stimulus signed into law, help is now underway.
For years a cardinal rule of retirement investing has been to put every penny you can into IRAs, 401(k)s, and other tax-deferred accounts. That advice rested on a commonsense assumption: that after you stopped working you'd move into a lower tax bracket. That was important because the money you take out of a tax-deferred account is subject to ordinary income taxes.
Facing mounting bank failures, regulators are putting a new twist on a familiar idea: splitting a bank's good assets from the bad ones.
President Obama on Friday took his push for a health care overhaul to traditionally conservative Montana, saying a bill to extend coverage to the uninsured while helping those already with coverage will pass this year.
A key Senate negotiator said Sunday that President Obama should drop his push for a government-funded public health insurance option because the Senate will never pass it.
In an unexpectedly personal moment during a town hall meeting Saturday, President Obama invoked the death of his grandmother as he took to task critics of overhauling health care.
President Obama complained Tuesday about opposition scare tactics against a proposed health care overhaul, but said failing to fix problems in the current system would be the scariest outcome of all.
The economy may show signs of life, but so-called toxic assets are still a major threat to any recovery, a bailout watchdog group warned on Tuesday.
After rescuing the nation's banking system from utter disaster last fall, Washington now faces an arguably much trickier task: putting the bailout genie back in the bottle.
White House economic adviser Christina Romer declared the president's stimulus plan "absolutely" is working to slow the economy's decline, though she still held open the possibility of a second stimulus package a few months down the road.
President Obama's fall agenda has grown larger as some of the biggest decisions -- and fights -- over health care reform have been punted to September ... at the earliest.
The $787.2 billion stimulus plan is a lightning rod for criticism and second guessing, but love it or hate it, the massive program's funds are flowing as planned.
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