Even as the Obama administration struggles to sell a massive economic stimulus plan, Treasury Secretary Timothy Geithner is planning Monday to unveil a separate financial stability plan that could cost hundreds of billions of dollars more to buy up troubled assets from banks and more broadly deal with the credit crunch and foreclosure crisis, according to two senior administration officials.
Justice Ruth Bader Ginsburg, the only woman on the Supreme Court, had surgery Thursday for early stage pancreatic cancer, the Supreme Court announced.
Kyrgyzstan's decision to close a strategic U.S. military base is "regrettable," Secretary of State Hillary Clinton said Thursday, but it won't affect the U.S. military effort in nearby Afghanistan.
The Senate wrapped up Thursday night after hours of sometimes acrimonious work without voting on a massive economic recovery plan championed by President Barack Obama.
A Senate committee Thursday delayed its confirmation vote for Labor Secretary-designate Hilda Solis, citing a need to review additional documentation.
The Senate agreed Wednesday to soften a 'Buy American' provision in its economic stimulus package, clarifying that the clause will not override the United States' existing trade treaties.
Mayors from across the country descended on the nation's capital Wednesday with a clear message to Washington that their cities were in urgent need of an immediate economic stimulus.
The $700 billion financial sector bailout needs an oversight makeover, according to a report that an oversight official will present to Congress on Thursday.
The recent debate over the nearly $900 billion economic stimulus plan and revelations of tax problems by three Obama administration appointees have voters angrily jamming phone lines on Capitol Hill to air their frustrations to their elected representatives.
Alaska governor Sarah Palin’s support for aerial wolf-hunting has sparked a heated cross-country war of words between the governor and an environmental ad campaign fronted by the actress Ashley Judd, with Palin calling the organization funding the ads an “extreme fringe group.”
WASHINGTON (CNN) - President Barack Obama on Tuesday admitted he made a mistake in handling the nomination of Tom Daschle as his Health and Human Services secretary, saying Daschle's tax problems sent a message that the politically powerful are treated differently from average people.
(CNN) - Rod Blagojevich, the former governor of Illinois, is still declaring his innocence, despite facing a criminal trial and the prospect of prison.
(CNN) - Plagued by record budget deficits and massive job losses, local and state officials are looking to the federal government for immediate help.
(CNN) — Elizabeth Edwards has largely avoided the spotlight since her husband admitted to an extramarital affair last summer, but the wife of former presidential candidate John Edwards is certain to draw headlines when she releases a personal new book this spring.
NEW YORK (CNNMoney.com) - The stimulus plan before the Senate would increase the deficit over 10 years by $885 billion, according to a new analysis released on Monday by the Congressional Budget Office.
WASHINGTON (CNN)– A group of Republican senators drafted an alternative stimulus measure that narrows government spending to infrastructure programs and helping unemployed Americans, addresses the housing crisis and relies mostly on tax cuts.
Gates to brief Obama on shifting troops to Afghanistan
(CNN)– Defense Secretary Robert Gates will brief President Obama on Monday afternoon about specific plans for adding 15,000 troops to Afghanistan.
(CNN)–Two senior administration officials say Judd Gregg has accepted an offer to be Commerce Secretary. An announcement will be made Tuesday morning at the White House.
President Barack Obama's choice to oversee health care reform in his administration expressed regret Monday to Senate leaders over tax issues that are dogging his nomination.
U.S. Sen. Judd Gregg won't take the job of commerce secretary in the Obama administration if his appointment would tip the Senate balance of power in favor of Democrats, the chamber's Republican leader said Sunday.
On Thursday, Rush Limbaugh, the moral and intellectual leader and most influential person in the Republican Party in the United States, wrote in the august op-ed pages of The Wall Street Journal, the acknowledged epicenter of right-wing thought, that President Obama should adopt a bipartisan solution to address the president's economic stimulus plan - or as Limbaugh refers to it, "porkulus."
President Barack Obama poked fun Saturday night at his chief of staff and ribbed Washington's elite during a black-tie dinner at Alfalfa Club, a 93-year-old Washington social club.
Secretary of State Hillary Clinton rang in the new year still saddled with $5.9 million in debts left over from her unsuccessful 2008 presidential campaign, according to records filed Saturday with the Federal Election Commission.
Michigan Gov. Jennifer Granholm on Sunday expressed confidence that the economic stimulus plan could help her state recover from the financial crisis, but she said Michigan needs the funds now.
House Democrats will begin running a series of radio ads Tuesday targeting 28 Republicans who voted against President Obama’s economic recovery plan.