Americans and their elected officials continue to resist cuts to almost any specific program, big or small.» Read More
WASHINGTON, March 3- With Russia's incursion into Ukraine reviving Cold War-style tensions, President Barack Obama is at risk of suffering a blow to his credibility at a time when he can least afford it: as he tries to convince voters to stick with his fellow Democrats in congressional elections that will help shape his legacy.
*Obama steps into Ukraine- Russia tension over Crimea. WASHINGTON, Feb 28- President Barack Obama warned Russia on Friday that military intervention in Ukraine would lead to "costs," as tension with old foe President Vladimir Putin rose in a Cold War-style crisis.
Details of the package were being hammered out, but Senator Chris Murphy, chairman of a Senate subcommittee on European Affairs, said the package would be part of "a broader, coordinated program" with the European Union, International Monetary Fund and other international partners.
The Senate Permanent Subcommittee on Investigations this week alleged new misdeeds by Switzerland's Credit Suisse, citing secret meetings in luxury hotels and hidden elevators one senator said belonged in a spy novel.
Senator John McCain said on Tuesday a proposed agreement to sell 24 Apache attack helicopters to Iraq should be reconsidered because of a Reuters report that Iran has signed a deal to sell Iraq arms and ammunition worth $195 million.
Senator John McCain said on Tuesday a proposed agreement to sell 24 Apache attack helicopters to Iraq should be reconsidered because of a report that Iran has signed a deal to sell Iraq arms and ammunition worth $195 million. Members of Congress have until Feb. 26 to hold up the Apache sale.
WASHINGTON, Feb 24- The chief of Swiss bank Credit Suisse Group AG will square off on Wednesday against U.S. Levin is expected to release a report on Credit Suisse to coincide with the hearing at which bank CEO Brady Dougan and three other senior bank officers are slated to appear.
WASHINGTON, Feb 12- The U.S. Congress approved an increase in the country's debt limit through March 2015, bowing to President Barack Obama's demands to extend federal borrowing authority without conditions, but only after a dramatic Senate vote on Wednesday.
WASHINGTON, Feb 12- For Mitch McConnell, the top Senate Republican, a vote to end debate over raising the U.S. debt ceiling on Wednesday was much more than a vote to leave Washington before a snowstorm arrived.
WASHINGTON, Feb 12- The U.S. Congress approved legislation on Wednesday to increase the country's debt limit for a year, bowing to President Barack Obama's demands for a debt limit increase without any conditions after a dramatic Senate vote.
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, Jan 29- The Obama administration is preparing financial sanctions that could be imposed on Ukrainian officials and protest leaders if violence escalates in the political crisis gripping Ukraine, congressional aides said on Wednesday.
As a result, lawmakers from both the establishment wing of the Republican Party and the more fiscally conservative small-government proponents in the Tea Party movement are exploring healthcare policies. U.S. House of Representatives Speaker John Boehner of Ohio said it would be a major topic at a Republican retreat next week.
WASHINGTON, Dec 20- The government's move to delay for some people a requirement to buy medical insurance raised new doubts about the already chaotic rollout of President Barack Obama's signature healthcare law, just days before an enrollment deadline.
Brazil had been struggling for years to decide which company to choose for a $4 billion- plus fighter jet contract, one of the world's most sought-after defense deals and one that would help define the country's strategic alliances for decades to come.
WASHINGTON, Dec 18- The U.S. Senate was ready on Wednesday to pass a two-year budget deal aimed at avoiding a government shutdown in January despite objections by senators from both parties to proposed pension cuts for military retirees.
WASHINGTON, Dec 17- A two-year U.S. budget deal that eases some automatic spending cuts cleared a crucial Senate test vote on Tuesday, all but assuring its passage by a simple majority later this week in the Democratic-controlled Senate.
WASHINGTON, Dec 15- The Republican co-author of a rare bipartisan budget deal in Congress defended the agreement from opposition in his own party on Sunday as an asset that could help Republicans capture the Senate next year and the White House in 2016..
Senate Democrats are still short of the votes needed to pass a budget deal, Sen. Dick Durbin said Sunday.
That was the clear message from most lawmakers interviewed on Friday as well as from close observers of Congress, after the deal passed through the U.S. House of Representatives on Thursday on its way to the Senate. The deal was a "one-off," said Norm Ornstein, a scholar of Congress at the conservative American Enterprise Institute.