George W. Bush, the 41st President of the United States, in a new interview has revealed how he was told about the September 11, 2001 attacks on the World Trade Center in New York.
A Republican deficit reduction plan headed for two major votes in Congress on Thursday and its expected demise could force a compromise to avert an imminent and unprecedented debt default.
Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the country's finances under control, ratings agency Standard & Poor's said on Thursday.
A Republican deficit reduction plan headed for two major votes in the U.S. Congress on Thursday and its expected demise could force a bipartisan compromise to avert an unprecedented debt default.
Talk about spinning wheels, Congressional Democrats and Republicans, incredibly, made no progress Thursday toward raising the debt ceiling, even as a U.S. default nears on Tuesday.
The White House said on Thursday it was "pretty clear" what a compromise between Republicans and Democrats would look like to reduce the deficit and lift the debt ceiling by an August 2 deadline.
Republican presidential front-runner Mitt Romney has been on a glide path toward the 2012 primary elections, serving up a steady diet of soundbites and campaign material attacking President Barack Obama on jobs and the economy.
U.S. visa restrictions on Russian officials linked to the death of hedge fund lawyer Sergei Magnitsky could become a "serious irritant" in bilateral relations and provoke a response from Moscow, Russia's Foreign Ministry said on Wednesday.
U.S. Rep. Joe Walsh, R-Ill., who has embodied the Tea Party's emphasis on fiscal responsibility by consistently espousing a message of government living within its means, is being sued for owing more than $100,000 in child support.
Debt talks in Washington are stalled, and leaders Boehner and Obama would be wise to learn a lesson from Bill Clinton and Trent Lott.
Betraying a sense of deep frustration with the stalled debt talks, senior Republicans directed their anger on Thursday against the Tea Party members whose intransigence has fractured the caucus.
A bill to cut the deficit faced a nail-bitingly close vote in Congress on Thursday as the top Republican lawmaker sought to quell an internal revolt and push his plan to avoid a ruinous default.
There's no way to sugarcoat it: financial markets have started to react to the possibility that the U.S. Government might default. Democrats and Republicans in Washington appear to be no closer to a debt deal Thursday than they were last week -- and a damaging default is now staring the nation -- and global markets -- in the face.
A Michigan-based legal group on Wednesday asked the Supreme Court to review and overturn a decision that found President Barack Obama's signature healthcare law constitutional.
If the impasse over the U.S. debt limit isn't broken soon, President Barack Obama will be forced to decide how he will manage the crisis.
Pablo Dylan, the 15-year-old grandson of music legend Bob Dylan, is making a name for himself in rap.
With America edging ever closer to a default, and a downgrade in the US credit rating, some realizations are starting to hit America's youth about their future. The consequences of the partisan squabbling of their parents' generation may leave them with little to inherit and much to despise.
If the debt ceiling isn't raised before Aug. 2, or if America's prized AAA credit rating is downgraded, it will mean at least a decade of financial instability to clean up after.
With America edging ever closer to a default, and a downgrade in the U.S. credit rating, some realizations are starting to hit America's youth about their future. The consequences of the partisan squabbling of their parents' generation may leave them with little to inherit and much to despise.
With America edging ever closer to a default, and a downgrade in credit rating, some realizations are starting to hit America's youth about their future. The consequences of the partisan squabbling of their parents' generation may leave them with little to inherit and much to despise.
President Barack Obama's credibility as a leader hangs in the balance along with America's gold-plated credit rating as he strives to break a debt impasse with Republicans and avoid a ruinous default.
Republicans and Democrats rushed to rework rival deficit reduction plans on Wednesday, but with the fate of both proposals heavily in doubt, top lawmakers pursued a behind-the-scenes compromise to avert a crippling U.S. debt default.
