President Barack Obama and Republicans traded demands for a serious deficit plan on Friday, as an acrimonious stalemate deepened in negotiations to avert a looming U.S. government default.
President Barack Obama and Republicans traded demands for a serious deficit plan on Friday, as an acrimonious stalemate deepened in negotiations to avert a looming U.S. government default.
President Barack Obama spoke with 10 astronauts and cosmonauts on the International Space Station in a phone conversation Friday, offering his gratitude to those who have helped fly 135 shuttle missions in the past 30 years, USA Today reported.
U.S. Rep. Michele Bachmann, R-Minnesota, and a candidate for the 2012 Republican Party's presidential nomination, has officially quit her home church in Minnesota that has been accused of holding anti-Catholic views.
Republican presidential candidate Michele Bachmann has officially quit her church.
The politics of Washington no longer have the people's best interests at heart. It's time for a complete restart.
Score Day 6 of the debt talks a wash: House Speaker John Boehner, R-Ohio, said President Barack Obama, D-Ill., hasn't presented a real deficit reduction plan, but Obama countered that he not only has, but that the American people support his plan, which includes both revenue increases as well as spending cuts.
President Barack Obama and Republicans traded demands for a serious deficit plan on Friday, underscoring the lack of progress and acrimony plaguing negotiations to avert a looming government default.
The top Republican on Friday said President Barack Obama and Democrats had still not put a serious deficit plan on the table, underscoring the acrimony plaguing negotiations to avert a government default.
The United States' slow withdrawal from the Afghanistan War has begun, as the first wave of soldiers departed the country without other troops rotating in to replace them.
The Obama administration pushed back on a federal appeals court ordering an immediate halt of the U.S. Department of Defense's don't ask, don't tell policy, asking for more time to lift the ban on openly gay soldiers.
Wall Street was set to rise on Friday after strong earnings from Google and Citigroup helped lift some of the angst about Europe's debt crisis and stalled U.S. budget talks that have overhung the market.
Credit ratings agency S&P Friday, like Moody's Thursday, warned that the U.S.'s credit rating could be downgraded, if an agreement on raising the debt ceiling is not reached soon. Meanwhile, the Reid/McConnell 'last chance' debt deal plan appeared to gain momentum Thursday, raising hope that a debt deal agreement will be reached soon.
Wall Street was heading for its worst week in nearly a year, with index futures little changed on Friday as macroeconomic concerns keep markets volatile and overshadow the start of U.S. corporate earnings season.
Iowa and New Hampshire will be the first lucky states to hear Ron Paul issue his stern warning against raising the federal debt limit, as his new ad hits the airwaves in the early-voting states.
American voters believe former President George W. Bush is primarily responsible, not President Barack Obama, for the U.S. economy's poor condition, a poll released Thursday indicated. What's more, 48 percent of those polled said they would blame the Republicans if the debt ceiling is not raised, while 34 percent would blame the Democrats.
Former Gov. Sarah Palin, R-Alaska, redeployed her controversial gunplay rhetoric Wednesday, saying conservatives should not compromise and agree to raise the U.S. debt ceiling. Palin also said she isn't convinced that a U.S. Government default would be a calamity.
Wall Street stocks rose on Thursday as higher profit from JPMorgan offset concern after Moody's threatened to downgrade the United States' top credit rating if the federal borrowing limit is not raised.
A new book by a New York Times reporter casts doubt on Obama's anecdote about his mother's health insurance woes
Stock index futures were little changed on Thursday ahead of earnings from JPMorgan, the first big bank to report its quarterly scorecard as investors look for signs of weakness after a slowdown in the economy.
Leaders around the world have united in their condemnation of the bombings in Mumbai which have killed at least 21 people and injured more than 130.
A consensus has emerged that the leading culprit for GOP dogmatism is House Majority Leader Eric Cantor, R-Va..
