Mar 25 Democrats Plan to Cut Billions From Obama’s Budget Request By Admin, PBS News Hour In budget blueprints they plan to formally release Wednesday, House and Senate Democrats said they plan to cut billions from President Obama's spending request while preserving some of his most significant domestic programs. Continue reading
Mar 24 With Budget Fight Brewing, Obama Defends Economic Recovery Plan By PBS News Hour In his continuing public campaign of interviews and speeches, President Obama pledged Tuesday to fight for spending initiatives in his $3.6 trillion budget and defended efforts to stabilize the faltering economy. Continue reading
Mar 24 Watch U.S. Tightens Border Security as Mexico’s Drug War Rages On Homeland Security Secretary Janet Napolitano announced plans Tuesday for bolstering security along the country's southwest border in an effort to curb spillover from Mexico's deadly drug war. Betty Ann Bowser reports. Continue watching
Mar 24 Watch ‘Hillary’ Movie Brings Campaign Finance Law to High Court The Supreme Court heard arguments in a case Tuesday centering on whether a documentary on Hillary Clinton should be classified as a political ad, making it subject to campaign finance laws. The National Law Journal's Marcia Coyle describes the case… Continue watching
Mar 23 New Program Aims to Entice Private Investors to Help Banks By Admin, PBS News Hour The Obama administration unveiled the latest program in its financial rescue plan Monday to draw private investors into a partnership with a new federal entity that could buy up troubled assets weighing down the nation's banks. Continue reading
Mar 23 Should the Government Break Up Big Banks Into Smaller Ones? Question: Can the government loan the FDIC money (which banks will pay back through the FDIC) to take over Citibank and Bank of America, et al., pay off… Continue reading
Mar 20 Watch AIG Bonus Outrage, Deficit Complicate Obama Agenda With Washington still railing against more than $160 million of bonuses at insurance giant AIG, Mark Shields and Byron York consider the impact of the furor and the new estimates of the growing federal deficit on President Obama's agenda. Continue watching
Mar 20 Israel’s Next Top Diplomat Has History of Ruffling Feathers By Admin, PBS News Hour Israel's anticipated next top diplomat, Avigdor Lieberman, has raised some ire in the international community for his ultra-nationalist stances, which analysts say might have far-reaching consequences on Israel's relations with the rest of the world. Continue reading
Mar 20 Bleak Deficit Numbers Projected Under Obama’s Budget Plan By Admin, PBS News Hour The Congressional Budget Office released figures Friday forecasting that President Barack Obama's budget will produce $9.3 trillion worth of red ink over 2010-2019 and that the deficit for this fiscal year will rise to a record $1.8 trillion. Continue reading
Mar 20 Obama Sends Video Message to Iran By Admin, PBS News Hour President Barack Obama sent Iran and its citizens a video message Friday, saying the United States is prepared to end years of strained relations if Tehran tones down its rhetoric. Continue reading