Differences on Stimulus Package for Obama, House Democrats
House Democrats want less tax cuts than what president-elect Obama proposed last week, according an $850 million economic stimulus plan unveiled today.
Obama promises long-term fiscal discipline
President-elect Barack Obama has promised Washington lawmakers long-term fiscal discipline despite a push for a costly economic stimulus plan.
Obama's team polishing economic stimulus measure
President-elect Barack Obama's transition team is putting the finishing touches on an economic recovery plan that could run from $675 billion to $775 billion.
Bush Sends 'Urgent' Colombia Free Trade Pact to Congress
President George Bush called on Congress Monday to pass a controversial free trade agreement with Colombia, declaring the need is urgent for US national security. The pact will give Congress a 90-day deadline to vote on the new legislation.
U.S. expects 140,000 troops in Iraq after drawdown
The United States expects to have about 140,000 troops in Iraq even after completing a planned drawdown of combat forces in July, the Pentagon said on Monday.
Bush to veto defense authorization bill
President George W. Bush intends to veto defense authorization legislation over a provision that would imperil Iraqi assets held in the United States, the White House said on Friday.
Bush seeks to pressure Democrats over war funds
U.S. President George W. Bush on Thursday stepped up pressure on lawmakers to pass his Iraq war funding request, while a senior Democrat said a deal might be possible.
Bush uses sixth veto to reject health-labor bill
President George W. Bush on Tuesday vetoed a measure to fund education, job training and health programs, marking the sixth veto of his presidency and the latest salvo in a fight with congressional Democrats over domestic spending.
Turkey's PM says U.S. relations in danger
Prime Minister Tayyip Erdogan said on Friday relations between Turkey and the United States are in danger over a resolution branding as genocide massacres of Armenians by Ottoman Turks during World War One.
Bush agrees to limited troop cuts in Iraq
President George W. Bush on Thursday ordered gradual troop reductions in Iraq but defied calls for a dramatic change of course, telling war-weary Americans the U.S. military role there will stretch beyond his presidency.
U.S. House shifts $16 bln toward renewable energy
The U.S. House of Representatives on Saturday passed a Democratic rewrite of U.S. energy policy that strips $16 billion in tax incentives away from Big Oil and puts it toward renewable energy sources like wind and solar power.
U.S., South Korea sign trade pact; face Congress fight
The United States and South Korea signed a free trade agreement on Saturday that will face tough opposition in the U.S. Congress because of Democratic Party concerns that it will cost auto industry jobs.
House Democrats rebuff Bush on trade deals
U.S. House of Representatives Democratic leaders quashed White House hopes on Friday for quick renewal of fast track trade negotiating authority and said they cannot support trade pacts negotiated with South Korea and Colombia.