Lawmaker proposes privacy advocate for secret court
WASHINGTON (Reuters) – An outside lawyer could act as a public advocate on the secret Foreign Intelligence Surveillance Court that oversees the U.S. government’s electronic eavesdropping programs under a bill introduced Friday in the House of Represent…
Obama says if Congress does not raise debt ceiling, ‘We’re deadbeats’
KANSAS CITY, Missouri (Reuters) – President Barack Obama challenged the U.S. Congress on Friday to approve an increase in the U.S. debt ceiling or else the United States will be unable to pay its bills and then, “We’re deadbeats.”
Fed’s Tarullo: short-term bank funding should be top regulatory focus
WASHINGTON (Reuters) – Five years after Lehman Brothers collapsed, regulators’ top priority should be cracking down on systemic threats posed by short-term bank funding, a U.S. Federal Reserve official said on Friday.
Senior U.S. Republican to target state, local tax deduction
WASHINGTON (Reuters) – The U.S. Congress’ top Republican tax law writer 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 sai…
Not lifting U.S. debt ceiling would be ‘dumb’: Buffett
NEW YORK (Reuters) – Billionaire investor Warren Buffett said that politicians not lifting the U.S. debt ceiling would be “pretty damn dumb” and viewed a prolonged political standoff on the issue as “disturbing.”
Obama, Boehner locked in another budget battle as deadlines loom
WASHINGTON (Reuters) – President Barack Obama and House of Representatives Speaker John Boehner are gripped in another budget battle, but so far the two are shouting at each other from a distance instead of sitting down and negotiating as crucial deadl…
House approves bill with deep food stamp spending cuts
WASHINGTON (Reuters) – The Republican-run House of Representatives voted to cut spending on food stamps for the poor by $40 billion over 10 years on Thursday, defying a veto threat from the White House in the name of fiscal reform.
House approves bill with deep food stamp spending cuts
WASHINGTON (Reuters) – The Republican-run House of Representatives voted to cut spending on food stamps for the poor by $40 billion over 10 years on Thursday, defying a veto threat from the White House in the name of fiscal reform.
Obamacare supporters in Ohio begin petition drive to expand Medicaid
(Reuters) – An Ohio panel on Thursday approved a petition designed to pressure the Republican-led state legislature to expand the Medicaid health program for the poor as part of President Barack Obama’s health reform law.
House Republicans ignore Obama veto threat on spending bill
WASHINGTON (Reuters) – Republicans in the House of Representatives on Thursday plowed ahead with a bill to gut President Barack Obama’s healthcare law while temporarily funding other government programs, ignoring a warning from the White House that the…
