This week, I went to Memphis, Tennessee, where I spoke to the graduating class of Booker T. Washington High School. Graduations are always happy occasions. But this commencement was especially hopeful because of just how much the kids at Booker T. Wa...
WASHINGTON, Jan. 17 (Xinhua) -- U.S. President Barack Obama has insisted on his stance that Congress should increase the country's debt ceiling without delay, White House spokesman Jay Carney said Thursday. The President has made clear he's not going...
A new U.S. Congress was sworn into office Thursday, but it will quickly face an old dispute about the country's burgeoning debt and in the coming weeks controversial new gun control and immigration proposals. The Congress leaving office squabbled thi...
WHITE HOUSE The drama over the U.S. governments so-called fiscal cliff enters its final day before the deadline on Monday, with no agreement between Democrats and Republicans. Americans will face tax increases and deep government cuts on Tuesday if n...
CAPITOL HILL Four days before Americans face massive automatic tax increases and deep federal spending cuts, Washington is showing no signs of forging a deficit reduction agreement to avert the so-called fiscal cliff. Many lawmakers are absent from W...
WASHINGTON, Dec. 13 (Xinhua) -- U.S. Congress would never give up its control over raising the federal government's debt limit to enhance U.S. fiscal sustainability, John Boehner, speaker of the U. S. House of Representatives, said here on Thursday....
Obama, Congress Face Budget Showdown WASHINGTON Newly re-elected President Barack Obama appears to be headed toward another clash over taxes and government spending with the House of Representatives, where Republicans held on to their majority after...
After a tense impasse on Capitol Hill, lawmakers in the Senate and House of Representatives passed legislation to extend a payroll tax cut for two months and continue unemployment insurance for nearly 2 million jobless Americans. The renewal comes ju...
WASHINGTON, Dec. 23 (Xinhua) -- The two chambers of U.S. Congress on Friday passed a short-term payroll tax and jobless benefits bill, which is now on its way to President Barack Obama's desk to be signed into law. The bipartisan deal was approved by...
U.S. Vice President Joe Biden says the White House will keep acting on its own if congressional Republicans fail to pass the Democratic administrations jobs bill. Republicans are offering their own proposals. Filling in for President Barack Obama to...
