Congressional leaders from both parties are working out the details of a two-year federal budget deal they hope to vote on before the holiday recess.» Read More
The White House says President Barack Obama is stepping directly into stalled debt talks, inviting Senate Majority Leader Harry Reid and Republican leader Mitch McConnell separately to discussions Monday.
Recent signs that the economic recovery is flagging have introduced a new tension into the bipartisan budget negotiations.
Not many things have emerged from the quagmire of US Congress recently which have produced a truly pleasant surprise. But could the troubled asset relief programme - better known as Tarp - turn out to be one?
What does the rise of libertarianism portend for the future of the US? This is not a question of interest to Americans alone. It matters almost as much to the rest of the world.