The fiscal 2013 budget President Barack Obama will present to Congress on Monday will include hundreds of billions in infrastructure spending and a projected deficit of $901 billion, or about 5.5 percent of the nation's gross domestic product.
President Barack Obama, in an abrupt policy shift aimed at quelling an election-year firestorm, announced on Friday that religious employers would not be required to offer free birth control to workers and that the onus would instead be put on insurers.
President Barack Obama, announcing new rules on birth control coverage, said religious groups had expressed genuine concerns about his original plan but accused his opponents of using the issue as a political football in an election year.
Rick Santorum said that his opposition to President Barack Obama's birth control bill has nothing to do with social conservatism and that the White House's compromise to appeal to Catholic voters wasn't a compromise at all.
The House transportation bill seems unlikely to advance much further, coming under fire from fiscal conservatives, environmentalists, and transit activists
At least two Catholic Organizations have said the revised mandate respects religious liberty without compromising women's health.
The compromise aims to tamp down ire among Catholic officials that the Affordable Care Act rule on contraception coverage would force religiously-affiliated organizations to violate church teaching.
The U.S. trade deficit widened slightly more than expected in December, as stronger U.S. economic growth lifted imports to the highest level in three-and-a-half years.
Economists in a survey see the unemployment rate falling much faster this year than previously expected, an improvement in the jobs market that could help President Obama's re-election chances.
Economists see the unemployment rate falling much faster than previously expected this year, even though they slightly lowered their outlook for economic growth, a survey released on Friday showed.
Americans overwhelmingly support President Barack Obama's foreign policy on issues ranging from drone warfare to Afghanistan, according to a new Washington Post/ABC News poll.
The trade deficit widened slightly more than expected in December, and the bilateral trade deficit with China last year soared to a record high $295.5 billion.
French President Nicolas Sarkozy is up for re-election this year. He faces stiff competition from both the Socialist Party and the extreme right National Front. With France's economy in shambles, Sarkozy's re-election prospects look slimmer every day.
California Attorney General Kamala Harris, a veteran prosecutor with acute political instincts and a reputation for thick skin, gambled big in the settlement negotiations with banks over illegal foreclosures.
Washington, DC -- Ron Paul typically generates one of the largest followings at the annual Conservative Political Action Conference (CPAC), but the Republican presidential candidate decided to eschew the event in favor of campaigning in Maine.
Greece's debt crisis on Thursday dominated the first day of Italian Prime Minister Mario Monti's visit to the United States, as he urged the International Monetary Fund to be more lenient with Athens in bailout talks to prevent a big potential explosion.
Which party, Democratic or Republican, while in the White House, creates more jobs, on a per year basis? The answer may surprise you.
President Barack Obama assured Italian Prime Minister Mario Monti on Thursday that the United States will do whatever it can to help stabilize the situation in the euro zone, which he said demanded a more muscular approach to fighting its debt crisis.
Greece's debt crisis on Thursday dominated the first day of Italian Prime Minister Mario Monti's visit to the United States, as he urged the International Monetary Fund to be more lenient with Athens in bailout talks to prevent a big potential explosion.
The House of Representatives on Thursday overwhelmingly passed new curbs on insider trading by lawmakers and other government officials despite complaints from Democrats and some Republicans that key anti-corruption provisions were dropped.
Republicans expressed frustration Thursday at the slow pace of negotiations over extending a tax break for workers that expires at the end of the month, accusing President Barack Obama and Senate Democrats of blocking agreement.
President Barack Obama announced Thursday that 10 states have been exempted from certain requirements of the federal education law known as No Child Left Behind, allowing them the freedom to determine their own methods for raising education standards.
