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Judy Woodruff talks with Rep. Nancy Pelosi on the agreement to extend the payroll tax cut.
Syndicated columnist Mark Shields and New York Times columnist David Brooks discuss the week's top political news, including the payroll tax cut deal that ended the latest partisan standoff in Washington, their holiday wishes for the country and "Super PAC"…
John Boehner vowed on election night to cut spending, and he takes the speaker of the House gavel with the backing of a GOP majority. Gwen Ifill gets details on what congressional spending cuts could be on the horizon from…
In California, voters are weighing in Tuesday on ballot measures related to the state's budget difficulties. Spencer Michels reports.
By Admin, PBS NewsHour
President Obama outlined his first budget plan to Congress with a $1.75 trillion deficit that includes the recently passed stimulus bill, the costs of the wars in Iraq and Afghanistan, funding for health care reforms and other spending.
Oil prices fell to their lowest level in four years Wednesday, despite news that the Organization of the Petroleum Exporting Countries agreed to a larger-than-expected oil production cut of 2.2 million barrels per day.
President Bush on Tuesday announced plans to pull out 8,000 combat and support troops from Iraq by February, a modest drawdown in U.S. forces there that would leave some 138,000 U.S. troops in the country.
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