So, the debt limit is how much money a country can borrow. Yesterday, the Senate voted to increase it. This doesn't mean the debt limit is definitely going up, though; it still has to get through the House of Representatives. But let's look at the nu...
U.S. lawmakers expressed outrage in a congressional hearing on Wednesday about tens of millions of dollars in bonuses paid out by the troubled insurance conglomerate, American International Group, or AIG. Testimony by AIG's chief executive Edward Li...
The chairman of the U.S. Senate Judiciary Committee has proposed establishing an independent commission to investigate Bush administration policies dealing with such controversial issues as detainees and wiretapping, as well as decisions that led to...
Republicans and Democrats in Congress are reacting to President Barack Obama's speech, in which he warned Americans that the economy faces a dire day of reckoning, but one the country can recover from. President Barack Obama addresses a joint sessio...
Influential Democratic Senator Patrick Leahy has proposed that an independent truth commission be established to investigate alleged abuses of power under the Bush administration. President Barack Obama has reacted cautiously to the suggestion, sayi...
