U.S. says open for Iran talks based on ‘mutual respect’
WASHINGTON (Reuters) – The United States is ready to engage in talks “on the basis of mutual respect” with Iran about its disputed nuclear program as long as Tehran is willing to demonstrate that its program is for civilian purposes, the White House sa…
Senior U.S. Republican to target state, local tax deduction
WASHINGTON (Reuters) – The U.S. Congress’ top Republican on tax policy is drawing up a plan to rewrite the tax code and is likely to recommend repeal of a popular and costly federal tax deduction for state and local taxes paid, congressional aides said…
U.S. House taunts Democrats with anti-Obamacare spending bill
WASHINGTON (Reuters) – A familiar Washington melodrama – will they or won’t they shut down the government – took center stage on Friday when the Republican-controlled House of Representatives passed a bill to fund the government, but only if President …
U.S. lawmaker critical of Obama on Benghazi sets trip to Libya
WASHINGTON (Reuters) – U.S. Republican Representative Darrell Issa, a leader of the congressional charge to investigate the Obama administration’s handling of the Benghazi attacks, is scheduled to travel to Libya next week as part of the probe, accordi…
U.S. says open for Iran talks based on ‘mutual respect’
WASHINGTON (Reuters) – The United States is ready to engage in talks “on the basis of mutual respect” with Iran about its disputed nuclear program as long as Tehran is willing to demonstrate that its program is for civilian purposes, the White House sa…
White House rounding up support for Yellen to take reins at Fed
WASHINGTON (Reuters) – White House officials are mustering support among Democrats on the Senate Banking Committee to back Federal Reserve Vice Chair Janet Yellen, three sources said on Friday, laying the groundwork for her expected nomination to the F…
For Indiana’s conservative rebels, fighting Obamacare worth risk
GREENFIELD, Indiana (Reuters) – To understand why so many conservatives in Congress are willing to risk a government shutdown in their quest to cut spending and derail “Obamacare,” take a look at Indiana and the state’s crop of young Republicans in the…
U.S. environment chief uses humor, health argument to sell carbon plan
WASHINGTON (Reuters) – When U.S. environment chief Gina McCarthy talked about cutting climate-warming carbon emissions on Friday, she offered a translation for those unfamiliar with the dropped “R” of her thick Boston accent.
Fed need not rush to taper while inflation is low: Bullard
NEW YORK (Reuters) – Low readings on inflation allow the U.S. Federal Reserve to be patient in deciding when to scale back its pace of asset purchases, a senior Fed official said on Friday, cautioning that he would not back action until price pressures…
Obama sharply criticizes Republicans in new budget clashes
LIBERTY, Missouri (Reuters) – President Barack Obama warned Republicans in Congress on Friday to quickly resolve two festering budget issues or risk a government shutdown and a debt default that would send the U.S. economy into a tailspin.
