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Health-care debate heats up as Senate, House grapple with plans

As the debate on health-care reform heats up on Capitol Hill, it's clear lawmakers don't see eye-to-eye on the issue -- with each other or President Obama.

Roy Blunt's announcement sets up showdown in Missouri

Missouri Rep. Roy Blunt Thursday announced his intention to run for a seat in the U.S. Senate, a move that sets up what is likely to be a showdown between two prominent families in one of the country's most politically divided states.

Rabbit ears get reprieve with digital TV delay

American TV viewers have four extra months to get ready for the day their local stations shut down their analog transmitters, thanks to a delay in the digital TV transition approved by Congress Wednesday.

Time.com: The Bailout Spotlight Returns to the House -- and John Boehner

The Senate passes an amended rescue plan, throwing the ball back into the House Republicans' court

Democrats offer alternative 'no bailouts act'

A small group of Democratic House members put together an alternative to the $700 billion financial bailout measure that was defeated in the House on Monday.

Time.com: Anatomy of a Legislative Meltdown

All the talk of bipartisanship turned into a flurry of finger-pointing and recriminations after the Administration's controversial financial markets rescue plan goes down in defeat in the House

Fortune: Why the bailout bombed

Barely containing his temper, Virginia's Eric Cantor, deputy whip for the House Republicans, stepped to the microphone this afternoon to blame the bailout defeat on House Speaker Nancy Pelosi's "failure to listen" and her charged partisan rhetoric in condemning President George Bush's "budgetary recklessness" and "anything-goes mentality."

Buffett to Congress: Bail out economy or face 'meltdown'

Billionaire Warren Buffett told congressional negotiators that if they can't agree on a proposed financial bailout, the nation will face "its biggest financial meltdown in American history," two sources familiar with the talks said.

Time.com: The Bailout Deal: Will It Fly in Congress?

In a midnight session, congressional leaders and the Bush Administration came to a tentative agreement on a $700 billion bailout package

CNNMoney: Accord on rescue plan

Congressional leaders said shortly after midnight that they had reached a tentative deal over the White House's proposed $700 billion bailout of the financial system.

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