Jan 07 Deficit Projected to Soar to $1.2 Trillion By Admin, PBS News Hour The federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, new Congressional Budget Office figures show. Continue reading
Sep 24 Watch Bailout Plan Dominates Campaign Trail and Capitol Hill 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… Continue watching
Jul 24 Watch Housing Rescue Bill Awaits Senate, but Questions Linger 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. Continue watching
Jul 23 Watch Wide-reaching Housing Rescue Legislation Moves Forward 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. Continue watching
Oct 03 Watch President Bush Vetoes Children’s Health Insurance Legislation 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… Continue watching
May 28 Watch Advocates Push to Extend Children’s Health Insurance Program 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. Continue watching
Feb 02 Watch Senate Holds Iraq Hearings as Report Predicts More Violence 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. Continue watching