(CNN) - Despite political criticism and ongoing arrests, Occupy Wall Street rode a wave of global momentum into its second month Tuesday, showing no sign of losing steam.
Volunteers sorted donations for the demonstrators in a Lower Manhattan as dozens of boxes flooded in.FULL STORY
Washington (CNN) - Partisan bickering over President Barack Obama's failed $447 billion jobs plan intensified Wednesday, with Republicans accusing Democrats of political gamesmanship and Democrats charging Republicans with costly obstructionism.
The measure failed to get the 60 votes necessary to advance in the Democratic-controlled Senate Tuesday night. Top Democrats have indicated they will now try to break the measure up into several smaller bills, but it remains unclear what - if anything - is capable of winning approval in a Congress completely divided along partisan and ideological lines.FULL STORY
Washington (CNN) – Shortly after his $447 billion jobs plan stalled Tuesday in the Senate, President Barack Obama vowed to break the broad initiative down into numerous, separate bills - potentially setting up even more showdowns between Democrats and Republics on how to boost the economy and where to get the money to do so.
The Democrat-pushed bill failed Tuesday night to get the 60 votes needed in the Senate to proceed. A total of 50 members of the chamber supported the measure, while 49 cast ballots against it.FULL STORY
Washington (CNN) - The Democratic-controlled Senate is expected to take up President Barack Obama's controversial jobs bill this week, with a key procedural vote on the $447 billion measure currently scheduled for Tuesday evening.
Among other things, the package includes an extension and expansion of the current payroll tax cut, an extension of jobless benefits to help the unemployed, new tax credits for businesses that hire the long-term unemployed and additional money to help save and create jobs for teachers and first responders such as firemen.FULL STORY
Washington (CNN) - Is Congress capable of doing anything right?
It's a question worth asking as Democrats and Republicans threaten for the third time this year to shut down the federal government. Americans faced the same prospect during spring budget talks and the summer debt ceiling debate. Now it's happening over what was expected to be passage of a routine bill to fund Washington through mid-November while replenishing disaster relief funds.FULL STORY
Washington (CNN) - Roughly six months after President Barack Obama called on Libyan leader Moammar Gadhafi to step down from power, it appears change has come to Tripoli. Four decades of iron-fisted rule are coming to an end.
So does this make you more or less likely to vote for Obama next year?
Washington (CNN) - It's late August. Would you rather hit the beach or discuss immigration reform?
The White House seems to be betting on the former, slipping out news of a major shift in the federal government's approach to illegal immigrants at a time when most Americans traditionally hit the road for summer vacation.FULL STORY
Washington (CNN) - Top congressional Republicans on Friday used the new dismal jobs report to blast Democrats' push for more tax revenue in the ongoing debt ceiling negotiations, arguing that such a move would derail an already shaky economic recovery.
Federal officials reported Friday that the economy added only 18,000 jobs in June - far below the number predicted by most economists. Unemployment inched up another tenth of a point to 9.2 percent.FULL STORY
Washington (CNN) - The Republican-controlled House of Representatives narrowly defeated a measure Thursday that would have barred any fiscal year 2012 Pentagon funds from being used to provide U.S. support for the NATO-led military campaign in Libya.
The bipartisan amendment, sponsored by Reps. Dennis Kucinich, D-Ohio, and Justin Amash, R-Michigan, lost in a 199-229 vote. A relatively slim majority of Republicans voted in favor of the measure, while a larger majority of Democrats opposed it.FULL STORY
Washington (CNN) - You've heard the warnings by now.
If the federal government doesn't raise its debt ceiling by August 2, we're playing a nasty game of economic roulette. Interest rates may skyrocket. The dollar might crash. Your 401(k) could tank as markets tremble, the full faith and credit of the U.S. government teeters, and investors flee for safer havens.FULL STORY