A stimulus measure crafted to get emergency funding to Main Street businesses has turned out to be such a flop that even its Congressional advocate wants the program killed. But for the 5,000 business owners who have jumped through all the hoops to land loans, even a flawed lifeline is better than none at all.
A deal negotiated by Senate Democrats to drop the controversial government-run public insurance option for a package of health care alternatives won praise Wednesday from President Obama, but opposition from key interest groups.
When Senate Majority Leader Harry Reid announced he would be pushing for a public option in the final health care bill, it looked as if he had given up on the possibility of a bipartisan agreement.
To: Interested parties From: John King, CNN chief national correspondent Re: Monday Memo Washington (CNN) -- It is a busy week ahead, to say the least, and perhaps a telling one in the health care debate.
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.
There was candid frustration Thursday coming from rank-and-file congressional Democrats about the influence of Maine's Republican senator in the health care reform debate.
The U.S. Senate Finance Committee this week passed a 10-year, $829 billion health care reform bill -- partly because of a "yes" vote from a lone Republican, Sen. Olympia Snowe of Maine.
Republican Sen. Olympia Snowe has served in Congress for more than 30 years, but in recent months, she's become one of the most-watched lawmakers on Capitol Hill.
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.
A stimulus measure crafted to get emergency funding to Main Street businesses has turned out to be such a flop that even its Congressional advocate wants the program killed. But for the 5,000 business owners who have jumped through all the hoops to land loans, even a flawed lifeline is better than none at all.
A deal negotiated by Senate Democrats to drop the controversial government-run public insurance option for a package of health care alternatives won praise Wednesday from President Obama, but opposition from key interest groups.
When Senate Majority Leader Harry Reid announced he would be pushing for a public option in the final health care bill, it looked as if he had given up on the possibility of a bipartisan agreement.
To: Interested parties From: John King, CNN chief national correspondent Re: Monday Memo Washington (CNN) -- It is a busy week ahead, to say the least, and perhaps a telling one in the health care debate.
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.
There was candid frustration Thursday coming from rank-and-file congressional Democrats about the influence of Maine's Republican senator in the health care reform debate.
The U.S. Senate Finance Committee this week passed a 10-year, $829 billion health care reform bill -- partly because of a "yes" vote from a lone Republican, Sen. Olympia Snowe of Maine.
Republican Sen. Olympia Snowe has served in Congress for more than 30 years, but in recent months, she's become one of the most-watched lawmakers on Capitol Hill.
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.
President Obama campaigned on a vow to end wasteful spending, but even in a time of war and record deficits, pork still reigns on Capitol Hill.
Republican amendments that Democrats said would broaden current restrictions on federal funding for abortion were defeated Wednesday by a Senate committee considering the only compromise health care bill so far.
Sen. Max Baucus, chairman of the Senate Finance Committee, unveiled a summary of his long-awaited health plan Wednesday, setting the stage for a legislative showdown on President Obama's top domestic priority.
Joe Ray has no complaints about the economy but plenty of worries about what he sees and hears in Washington.
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.
A key Republican senator in health care negotiations said Wednesday that President Barack Obama should drop his push for a government-run public insurance option.
A Democratic Senate chairman at the heart of Capitol Hill's delicate health care negotiations announced Wednesday that he intends to unveil a long-awaited compromise reform bill from his committee next week.
President Obama's speech to Congress Wednesday on health care reform will probably be one of the high-noon moments of his presidency.
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.
Rep. Jim Clyburn, D-South Carolina, said Friday that he believes that Democrats should be willing to take "half a loaf" in order to pass health care reform.
Vice President Joe Biden promised Thursday that President Obama will delve into specifics when he tackles health-care reform in a highly anticipated speech to a joint session of Congress next week.
Republican Sen. Olympia Snowe has shown throughout her career that when it comes to voting, it's her principles and constituents that guide her, not her party.
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.
When the Senate passed its credit-card reform bill on Tuesday, Senator Christopher Dodd called it "a great day for consumers." But what will it mean for small business owners who've been struggling with inflated rates and unexpected fees on their credit cards?
Reaction on Tuesday to Pennsylvania Sen. Arlen Specter's switch from the Republican to the Democratic Party ranged from barely concealed glee to dismay among Senate colleagues and elites from both parties.
Democratic leaders scrambling to strip AIG executives of bonuses are having a hard time answering a key question: Why didn't Congress act to prevent the bonuses in the first place?
An influential conservative political action committee is pledging to support primary challenges to any Republican senator who backs the economic stimulus package -- the latest public show of dissatisfaction from the right over the massive measure before Congress.
As President-elect Barack Obama plans for his administration, the economy tops his list of priorities. The Dow has been down, unemployment rates are soaring, and companies announce more layoffs each week.
Home heating bills are expected to soar this winter and Americans, already struggling with high gas and food prices, are bracing for more financial hardship.
Federal investigators have launched a criminal probe into a cargo ship collision and oil spill, the Coast Guard said, which killed hundreds of birds in San Francisco Bay.
A National Transportation Safety Board team was on its way to California Saturday to probe why a container ship struck the San Francisco-Oakland Bay Bridge earlier this week, spilling 58,000 gallons of oil into the water.
The Small Business Administration took quite a beating on Capitol Hill today. A Senate oversight committee held a hearing on how the agency measures success. Meanwhile Senators John Kerry (D-Mass.) and Olympia Snowe (R-Maine) introduced a bill that would force the agency to improve its data collection.
Here are some facts from tonight's broadcast that you might find interesting.
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.
After another bad weekend, concerns mount over airport delays this summer. Will a Passenger Bill of Rights help?
These are some facts from tonight's show that you might find interesting.
While the Senate moves forward to pass an airline passengers' bill of rights, consumer groups remain wary that its language may not be tough enough to help stranded fliers.
Senators grilled US Airways CEO Douglas Parker about his company's hostile bid for Delta Air Lines at a hearing on airline consolidation Wednesday, with even some Republicans suggesting there could be a need for re-regulation of airlines if a new round of mergers take place.
NEW YORK (CNNMoney.com) - The future of the estate tax will occupy center stage this week when the Senate takes up legislation on Thursday calling for permanent repeal. The tax affects less than 2 percent of all estates. But the revenue it can generate makes deficit-hawks and those concerned with economic inequality reluctant to part with it.
NEW YORK (CNNMoney.com) - Despite the optimism expressed by lawmakers that they were "very close" to striking a deal Thursday, negotiations on a much delayed tax reconciliation package stalled Thursday night.
Three Democratic and two Republican senators have sent a letter to the leaders of the Senate's Judiciary and Intelligence committees, asking for an "immediate inquiry" into President Bush's authorization of a secret wiretapping program.
NEW YORK (CNN/Money) - The tax panels of the House and Senate each passed tax bills Tuesday evening that differ in two key ways: Only the House version calls for an extension of the reduced rates on capital gains and dividends; while only the Senate version calls for major AMT relief in 2006.
NEW YORK (CNN/Money) - After postponing its vote three times in less than a week, the Senate Finance Committee on Tuesday looks set to vote on a proposed tax bill that has one big change from the original.
NEW YORK (CNN/Money) - The Senate Finance Committee on Thursday postponed its vote on a $68.8 billion, five-year tax reconciliation bill, according to published reports.
CEOs from the nation's biggest oil companies face a grilling in Congress Wednesday before a joint Senate committee hearing on energy prices and record industry profits.
Some of the biggest medical discoveries have come in the last 25 years -- everything from Viagra to laser vision correction.
Four senators -- two Democrats and two Republicans -- sent a letter Thursday to U.S. Supreme Court Justice Sandra Day O'Connor asking that she reconsider her decision to retire.
Heated debate over John Bolton -- President Bush's choice for U.S. ambassador to the United Nations -- spilled over onto the Senate floor Wednesday, with a key Republican on the Senate Foreign Relations Committee saying it would be a mistake to appoint Bolton to such an important position.
NEW YORK (CNN/Money) - In the first solo news conference of his second term, President Bush on Wednesday said he's "open to good ideas" from lawmakers about Social Security reform.
A key Senate Republican is questioning President Bush's plans to overhaul Social Security, amounting to perhaps the most public GOP skepticism to date of the White House effort.
A key Senate Republican Sunday questioned both the president's proposal and strategy to reform Social Security, amounting to perhaps the most public GOP skepticism to date of the White House effort.
Olympia Snowe doesn't have a reputation as a team player these days. The Republican Senator from Maine almost single-handedly forced President Bush to cut the size of his tax-relief plan. But when ...
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