Oct 29 Bill Summary: Affordable Health Care for America Act House Democrats on Thursday unveiled the Affordable Health Care for America Act. The 1,990-page legislation is a combination of bills passed by three House committees earlier this year. Key tenets include:… Continue reading
Oct 29 House Democrats Unveil $894B Health Reform Bill House Speaker Nancy Pelosi on Thursday unveiled a massive health care reform bill that would expand health insurance coverage to 36 million Americans at a cost of $894 billion over 10 years. Continue reading
Oct 29 U.S. Economy Rebounds 3.5% in Third Quarter The U.S. economy expanded at a 3.5 percent annual pace from July to September, according to Commerce Department figures released Thursday, in a signal that the worst recession since the 1930s may be easing. Continue reading
Oct 28 Reports: GMAC in Talks to Receive Third Bailout from Government GMAC, the consumer finance company and onetime subsidiary of GM, is reportedly in talks with Treasury to receive a fresh lifeline of up to $5.6 billion in aid, on top of the $12.5 billion the government has already injected into… Continue reading
Oct 28 New Strategies Considered to Curb U.S.-Mexico Drug Trade The U.S. dealt a "significant blow" to one of Mexico's most infamous drug cartels last week after a 19-state drug raid resulted in 300 arrests and millions of dollars in confiscated money. This comes on the heels of new drug… Continue reading
Oct 28 Bill: Biggest Firms Would Fund Future Rescues By Dave Gustafson The U.S. government would be given broad new powers to shrink financial firms deemed "too big to fail" and shift the cost of rescuing troubled companies from taxpayers to other large firms, according to draft legislation released Tuesday. Continue reading
Oct 28 Car Bomb in Pakistan Kills Scores as Clinton Visits By Quinn Bowman A car bomb exploded Wednesday in a market in the Pakistani city of Peshawar, killing at least 91 people and wounding some 200 others. The attack came just 15 minutes after Secretary of State Hillary Clinton arrived in nearby Islamabad. Continue reading
Oct 28 Obama Signs Measure to Widen Hate Crimes Law By Quinn Bowman In the first expansion of a federal hate crimes law since 1968, President Barack Obama signed a bill Wednesday that extends hate crime protections to include sexual orientation and gender identity. Continue reading
Oct 27 Public Opinion and the Public Option Debate By Lea Winerman The public insurance option has gone for a roller-coaster ride over the past few months of debate over a health care overhaul. Continue reading
Oct 27 Iran Seeks Big Changes in Uranium Deal By Online DA Iran vowed Tuesday to seek "important changes" in a United Nations plan that would require it to ship its enriched uranium out of the country for processing abroad, raising alarm among Western governments involved in nuclear talks with the country. Continue reading