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By PBS NewsHour
Democratic leaders in Congress clashed Thursday with Congressional Budget Office director Doug Elmendorf over his statement that the legislation coming out of the House and Senate this week would significantly raise federal spending on health care.
By Admin, PBS NewsHour
The federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, new Congressional Budget Office figures show.
Sens. John McCain suggested delaying Friday's presidential debate amid concerns over the nation's financial crisis as lawmakers sought to reach a compromise on a $700 billion government bailout plan. Kwame Holman reports on the latest news from the campaign trail…
A hotly-debated housing bill aimed at helping struggling homeowners and shoring up Fannie Mae and Freddie Mac is next headed for the Senate. Sens. Chris Dodd, D-Conn., and Richard Shelby, R-Ala., discuss the details.
The House approved Wednesday a hotly-debated housing rescue package aimed at helping strapped homeowners avoid foreclosures after President Bush dropped his opposition to the bill. Experts examine the measure.
President Bush vetoed a bill Wednesday that aimed to expand the State Children's Health Insurance Program, or SCHIP, by $35 billion. Rep. Rahm Emanuel, D-Ill., and Rep. Eric Cantor, R-Va., examine the president's decision and the next steps for the…
Congress is expected in the coming months to debate renewing a children's health insurance program for low-income children. The NewsHour looks at the fight to preserve the program.
The Senate held hearings this week to confirm new leadership and assess U.S. policy in Iraq, while the intelligence community predicted a bleak future for the country's security prospects. Mark Shields and David Brooks discuss Iraq policy.
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