America's national debt cannot grow beyond a limit imposed by Congress known as the "debt ceiling."
Left to their own devices, lawmakers won't successfully deal with the country's spiraling debt situation. That's the opinion of some key members agitating for a special commission to force the hand of Congress.
President Obama's "new era of responsibility" has already drawn criticism as a magician's math act: Add a trillion-dollar universal health care plan to a trillion-dollar (including interest) stimulus package to another quarter-trillion for bank bailouts to 7% average increases in domestic agency spending and -- voila! --the federal deficit drops by half in four years.
The Senate postponed a planned vote on a $410 billion spending plan Thursday, with Democratic leaders saying they would allow Republican changes to the bill to be considered after coming up just short of the support they needed.
Two Senate Democrats urged President Obama Wednesday to veto a $410 billion spending bill and said they are going to vote against it, criticizing it for its cost and for including too many personal pet projects.
Sen. Barack Obama's choice for running mate will be announced to supporters in a text message Saturday morning, senior Obama campaign officials told CNN on Friday night, and a senior party official said it won't be Sen. Hillary Clinton.
Sen. Barack Obama said he has decided on his running mate, but he's not saying who it is.
John McCain, meanwhile, will name his v.p. choice on his Aug. 29 birthday
The question is starting to feel a little old: Whom will Barack Obama pick as his vice president?
With the Democratic convention just a week away, the countdown is on for Sen. Barack Obama to make his VP announcement.
America's national debt cannot grow beyond a limit imposed by Congress known as the "debt ceiling."
Left to their own devices, lawmakers won't successfully deal with the country's spiraling debt situation. That's the opinion of some key members agitating for a special commission to force the hand of Congress.
President Obama's "new era of responsibility" has already drawn criticism as a magician's math act: Add a trillion-dollar universal health care plan to a trillion-dollar (including interest) stimulus package to another quarter-trillion for bank bailouts to 7% average increases in domestic agency spending and -- voila! --the federal deficit drops by half in four years.
The Senate postponed a planned vote on a $410 billion spending plan Thursday, with Democratic leaders saying they would allow Republican changes to the bill to be considered after coming up just short of the support they needed.
Two Senate Democrats urged President Obama Wednesday to veto a $410 billion spending bill and said they are going to vote against it, criticizing it for its cost and for including too many personal pet projects.
Sen. Barack Obama's choice for running mate will be announced to supporters in a text message Saturday morning, senior Obama campaign officials told CNN on Friday night, and a senior party official said it won't be Sen. Hillary Clinton.
Sen. Barack Obama said he has decided on his running mate, but he's not saying who it is.
John McCain, meanwhile, will name his v.p. choice on his Aug. 29 birthday
The question is starting to feel a little old: Whom will Barack Obama pick as his vice president?
With the Democratic convention just a week away, the countdown is on for Sen. Barack Obama to make his VP announcement.
Virginia Gov. Tim Kaine, a top supporter of Sen. Barack Obama, said Wednesday that while he's not running for Obama's vice president, he will do everything he can to help the presumptive Democratic presidential candidate win in Virginia.
It is vice presidential season, where every picture looks like a campaign brochure and introductions sound like tryouts.
Sen. John McCain on Wednesday used language primarily associated with the Iraq war to describe the U.S. financial woes, saying the country needs an "economic surge" to boost the job market.
Sen. Hillary Clinton has agreed to speak on the second night of next month's Democratic convention, sources say.
Many Hillary Clinton supporters still think the New York senator should be the leading contender to be Sen. Barack Obama's running mate.
Two of the leading candidates for the Democratic presidential nomination each announced a union endorsement Monday and one received the backing of a senior member of Congress.
The Senate immigration compromise was effectively killed Thursday, failing to pass a critical procedural hurdle.
Here are some facts from tonight's broadcast that you might find interesting.
Former Iowa Gov. Tom Vilsack said Friday he is pulling out of the 2008 Democratic race for president, citing financial difficulties in a campaign that lasted 15 weeks.
Less than two weeks after filing papers to set up an exploratory committee for a possible bid for the Democratic nomination in the 2008 presidential race, Sen. Evan Bayh has dropped out of the running.
Sen. Evan Bayh created a presidential exploratory committee Tuesday, making him the latest politician to formally express interest in a run for the Oval Office in 2008.
Wal-Mart Stores is hitting back at some leading Democratic presidential hopefuls who have joined with the company's critics recently.
Wary of losing an opportunity to regain control of Congress this fall, some Democrats are hoping a return to the "middle class values agenda" will help focus the party's fall message and capitalize on a tough political environment for Republicans.
U.S. politicians have expressed regret over the weekend killings of 18 civilians along Pakistan's border with Afghanistan, but said the airstrike was justified by the erroneous belief that a top al Qaeda leader was among the group, which included women and children.
Senior Defense Department officials say Secretary Donald Rumsfeld has told them nobody should stay for just another year, but that he wants them for the rest of President Bush's second term. That is read as a signal that Rumsfeld intends to serve out the next three years.
ANDY STERN'S WALKOUT FROM the AFL-CIO is being cast variously as a clash of egos, the latest death knell for organized labor, or trouble for the Democrats. After all, he was followed by 4.6 million...
ACROSS WESTERN ECONOMIES, THE 2005 CHINA FREE-trade freak-out is in full swing. Politicians are saying and doing things they ought to be ashamed of. Certain industry groups and labor unions want us...
The good news for John Kerry is that he didn't pull an Al Gore.
Defense Secretary Donald Rumsfeld faced renewed criticism Sunday from lawmakers, including one prominent Republican, after he said he has not personally signed letters sent to family members of troops killed in action.
The last place you'd expect to hear a politician promoting a centrist initiative to seek bipartisan solutions is at a political party convention.
Sen. John Edwards of North Carolina gets the most enthusiastic response from Americans asked in a CNN/USA Today/Gallup poll about possible running mates for presumptive Democratic presidential nominee Sen. John Kerry.
From the Wolf Blitzer Reports staff in Washington:
INDIANAPOLIS -- Indiana has agreed to place a pamphlet in state park inn rooms that warns readers ((against)) the Bible . . . The pamphlet ((is)) published by the Freedom From Religion Foundation ....
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