After a standoff with House Republicans and President Bush, the Democratic-led House failed to extend a warrantless terrorist eavesdropping program Friday. Congressmen Steny Hoyer, D-Md., and Peter Hoekstra, R-Mich., offer two views on the divisive surveillance law. Continue reading
- How can such enormous debt be sustainable and what happens to the world economy if the U.S. defaults?
Question/Comment: I am a Canadian. Unfortunately, 87 percent of our trade is with America. Consequently, U.S. recessions are felt more deeply in Canada. However, my questions are about the American debt. My understanding is that the debt could reach $10 … Continue reading
President Bush delivered his last formal State of the Union address Monday night, seeking to ease American anxieties over the economy and detail recent progress in Iraq. Following is the text of President Bush’s 2008 State of the Union Address, as prepared for delivery. Continue reading
Federal Reserve Chairman Ben S. Bernanke told lawmakers Thursday it is “critically important” that an economic stimulus package take effect quickly to ward off a recession, recommending the government get cash into peoples’ hands as soon as possible. Continue reading
President Bush pledged full support Wednesday for a new Israeli-Palestinian peace effort on the heels of a U.S.-backed Mideast peace conference. Chief Palestinian negotiator Saeb Erekat discusses the agreement and the prospects for further negotiations over the creation of a Palestinian state. Continue reading