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The U.S. Department of Energy said it plans to push ahead with as much as $5.3 billion in potential additional alternative energy loans by Friday, despite Republican complaints the money is going out too quickly to untested firms.
Standing in the living room of their house, now full of mud, slime and debris, Helen and Peter Kelly cannot believe that Congress is bickering over disaster aid to people like them. The New York Times reports.
Oh, man. If this is the Benjamin's idea of monetary policy help, imagine if he wanted to screw things up. But I shouldn't blame Ben.
Whether the taxes on the rich in Europe raise enough money to close much of their budget shortfalls, they are being promoted as a step toward economic fairness at a time when governments are cutting spending on social programs like pensions, health care and education. The New York Times reports.
It could almost make your head spin. With an economy on the front end of another recession, President Obama’s tax attack on the folks who are most likely to succeed, invest, start new businesses, and create jobs is nothing short of staggering. Only liberal-left class-warfare ideology can explain this.
As much as the world is watching to see how Europe will solve its debt problems, it also is focused on which approach the U.S. will take in solving its own similar issues, Treasury Secretary Timothy Geithner said.
Chairman Ben Bernanke changed this weeks Federal Reserve meeting from one day to two. He has to have a good reason, right? He said there is a lot to discuss, but there usually is. These guys are not without ego and want their say, and the Chair wants more time.
The people who do the hiring in this nation need more leadership out of Washington and more certainty from the Obama administration's attitude on capitalism, hedge fund investor Nelson Peltz told CNBC Monday.
President Obama will propose a "Buffett Tax" on people earning more than $1 million a year when he unveils his deficit plan on Monday, the White House said.
The Obama administration was worried about the financial health of a troubled solar energy company even as officials publicly declared the company in good shape, newly released emails show.
House Speaker John Boehner is calling for tax reform. In a speech today at the Economic Club of Washington, Boehner stressed the need to close loopholes and not raise income taxes that would hurt job growth.
I think there are parts of the President's jobs plan where we can find some common ground, say House majority leader, John Boehner, discussing the similarities and differences in his plan to put Americans back to work and the White House plan.
Over the summer, we witnessed the ugliness and partisan-nature of politics as the debt ceiling debacle took place. The nation's balance sheet needs to be fixed.
The US economy is going from bad to worse and will not fully recover until structural problems caused by the collapse of the housing market and the financial crisis are resolved, according to Capital Economics.
Check out our list of rookie athletes who received huge paydays to play for major league teams!
Watching the two GOP frontrunners in last night’s debate — Mitt Romney and Rick Perry — a couple of policy points jumped out at me.
Which members of the US Congress have the highest approximate net worth. Check out the list.
Barack Obama will try to keep steady pressure on Republicans on Monday when he announces that his $450 billion jobs plan is ready to be taken up by Congress, reiterating his call for lawmakers to quickly pass the bill. The FT reports.
One day after revealing his jobs package, President Obama has hit the road urging voters to do whatever it takes to make lawmakers pass his bill. Also, discussing whether the President can strike a compromise with Republicans, with Jacob Lew, White House Director of the Office of Management & Budget.
“We should pass this jobs plan right away,” said President Barack Obama as he addressed America and Congress, calling for an end to the political circus in Washington and action that would “actually help the economy.” With those words, the president threw down the gauntlet to his Republican opponents with a $447 billion dollar stimulus package aimed at boosting jobs before America goes to the polls late next year.