Energy experts at IHS Ceraweek say market dynamics will keep the lid on prices of U.S. natural gas even if more expensive techniques are used to extract it.» Read More
WASHINGTON, Feb 11- Caving into President Barack Obama's demands for a "clean" debt ceiling increase, Republicans in the House of Representatives agreed on Tuesday to advance legislation that extends U.S. borrowing authority for a year with no strings attached.
WASHINGTON, Feb 11- Republican leaders in the U.S. House of Representatives on Tuesday caved in to demands by President Barack Obama and agreed to advance legislation raising Washington's borrowing authority without conditions.
WASHINGTON, Feb 10- Republican leaders in the U.S. House of Representatives will seek to make a 13- month extension of the federal debt limit conditional on the repeal of a planned cut in military pension benefits, lawmakers said on Monday. The proposal from U.S. House Speaker John Boehner came after weeks of internal party struggle.
NBC News' Steve Handelsman reports on the split in Washington over immigration amid the debt ceiling battle. Speaker Boehner said "there is widespread doubt about whether this administration can be trusted to enforce our laws."
House Speaker John Boehner hit the pause button on major immigration reform, one week after Republicans unveiled their "principles" for an overhaul.
WASHINGTON, Feb 7- The U.S. debt limit suddenly looks a lot less threatening as Republicans in the House of Representatives struggle to choose from a diminishing list of minor conditions for an increase needed by the end of this month.
WASHINGTON, Feb 6- U.S. House Speaker John Boehner said on Thursday there was no decision yet among his fellow Republicans on whether to add any conditions to raising the U.S. debt ceiling but he repeated there would be no default. He added a debt limit hike bill had to be passed by late February.
Feb 4- A U.S. farm bill was passed by the U.S. Senate on Tuesday and sent to President Barack Obama for his expected signature. The legislation, which was approved by the House of Representatives last week, will cost an estimated $956 billion over 10 years, a savings of about $16.6 billion compared with current funding, according to the Congressional Budget Office.
WASHINGTON, Feb 4- President Barack Obama's healthcare law will reduce American workforce participation by the equivalent of 2 million full-time jobs in 2017, the Congressional Budget Office said on Tuesday, prompting Republicans to paint the law as bad medicine for the U.S. economy.
WASHINGTON, Feb 1- Secretary of State John Kerry said on Saturday Senate Majority Leader Harry Reid's opposition to President Barack Obama's push for authority to fast-track trade deals should not stand in the way of U.S. congressional passage of the measure.
WASHINGTON, Jan 31- The U.S. State Department on Thursday issued its long awaited final environmental impact statement on the proposed Keystone pipeline, which would carry crude oil from Canada's tar sands region to refiners in the Gulf of Mexico. "President Obama is out of excuses.
WASHINGTON, Jan 31- Pressure for President Barack Obama to approve the Keystone XL pipeline from Canada increased on Friday after a State Department report played down the impact it would have on climate change, irking environmentalists and delighting proponents of the project.
WASHINGTON, Jan 30- A top White House official voiced confidence on Thursday that Republicans would agree in the next few weeks to lift the country's borrowing limit without using the confrontational tactics that rattled financial markets in past years.
On a vote of 67-32, the Democratic-led Senate brushed aside earlier White House concerns and sent the measure to the Republican-led House of Representatives for consideration. "This is how the Senate is suppose to work," said Senator Charles Schumer of New York, a member of Democratic leadership. The White House echoed those concerns in a statement on Monday.
WASHINGTON, Jan 30- Top Republicans in the House of Representatives on Thursday called on President Barack Obama to "get his own party in line" behind the fast-track trade negotiation authority that he called for in his State of the Union address.
The House of Representatives passed an controversial farm bill Wednesday that cuts spending by about $23 billion.
*Bill goes to Senate for vote as early as Thursday. WASHINGTON, Jan 29- The U.S. House of Representatives passed a comprehensive farm bill on Wednesday that cuts payments for food stamps by about 1 percent and ends a direct subsidy to farmers, while expanding government-backed crop insurance programs.
*Obama poised to bypass Congress on some policy initiatives. WASHINGTON, Jan 28- President Barack Obama vowed on Tuesday to bypass a divided Congress and take action on his own to bolster America's middle class in a State of the Union address that he used to try to breathe new life into his second term after a troubled year.
WASHINGTON, Jan 28- President Barack Obama will lay out a strategy for getting around a divided Congress and boosting middle-class prosperity on Tuesday in a State of the Union speech that reflects scaled-back legislative ambitions after a difficult year.
WASHINGTON, Jan 27- House and Senate negotiators on Monday reached a bipartisan agreement on the long-overdue U.S. farm bill that ends a pricy direct subsidy to farmers while expanding government-backed crop insurance programs, and trims spending on food stamps for poor Americans by about one percent.