Rep. Ed Perlmutter (D-Colo.) has been making the case for such a Wall Street tax, and House leaders have started paying attention as they look for a way to pay for the jobs bill, leadership sources said.
Senate Democratic leaders said Tuesday they would put off debate on a big climate-change bill until spring, in a sign of weakening political will to tackle a long-term environmental issue at a time of high unemployment and economic uncertainty.
More than $98 billion in taxpayer dollars spent by government agencies was wasted, much of it on questionable claims for tax credits and Medicare benefits, representing an increase of $26 billion from the previous year.
Senate action on healthcare reform before Thanksgiving is in serious jeopardy as the upper chamber still doesn't have a final version of the bill.
Any day now, the House is expected to vote on a $210 billion fiscal swindle that will prevent automatic cuts in Medicare payments to doctors.
Senator Ben Nelson, Democrat of Nebraska, says he is not sure he is ready to help a Democratic health care proposal clear even the most preliminary hurdle: gaining the 60 votes his party's leaders need to open debate on the measure later this week.
President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.
President Obama said Wednesday he was "very close to a decision" on a troop increase for the war in Afghanistan and would make his case to the American people for his Afghan strategy in the next "several weeks."
President Obama has emerged from his first trip to China with no big breakthroughs on important issues, such as Iran's nuclear program or China's currency.
House Democratic leaders signaled Tuesday that they are moving full steam ahead with a stimulus bill in the coming weeks, a plan that is already dividing fiscally conservative Democrats unsure of whether they can swallow another multibillion-dollar spending package.
House Republicans are accusing Democrats of breaking a pledge to make the healthcare legislation public for three days so they can resolve a feud between liberals and centrists over abortion provisions.
In a blow to President Obama's top legislative priority, Senate Majority Leader Harry Reid said Tuesday that Congress may not meet Mr.
House Republicans have come up with an answer to Speaker Nancy Pelosi, drafting an alternative health care bill that would reward states for reducing the number of uninsured, limit damages in medical malpractice lawsuits and allow small businesses to band together and buy insuran …
Concerns are mounting that efforts by governments and central banks to stoke a recovery will create a nasty side effect: asset bubbles in real-estate, stock and currency markets, especially in Asia.
Jim Costa's path to reelection isn't the toughest among House Democrats, but that doesn't mean the California Democrat feels safe voting for a House health care overhaul bill that he says is too costly and does too little to help rural districts like his own.
The independent voters who powered President Obama and Democrats to victory in 2008 fled to Republicans in Tuesday's elections, helping the GOP romp to a ticketwide sweep in Virginia and a stunning victory over an incumbent Democratic governor in New Jersey.
Off-year elections can be notoriously unreliable as predictors of the future, but as a window on how the political landscape may have changed in the year since President Obama won the White House, Tuesday's Republican victories in Virginia and New Jersey delivered clear warnings …
Afghan insurgents are using roadside bombs powerful enough to throw the military's new 14-ton, blast-resistant vehicles into the air, increasing broken-back injuries among U.S. troops.
House Republicans are on the cusp of releasing their alternative healthcare bill, according to GOP leadership aides.
While House leaders are moving toward a vote on health-care legislation by the end of the week, enough Democrats are threatening to oppose the measure over the issue of abortion to create a question about its passage.
The White House is beginning to send strong signals that it recognizes the $1.4 trillion budget deficit is a looming political problem that needs to be addressed, even as President Obama reminds Americans that the country's fiscal crisis originated with the Bush administration an …
Republicans and their conservative allies were buoyed by late polls showing they could sweep the three biggest electoral prizes of 2009: the Virginia and New Jersey governors' mansions and New York's 23rd Congressional District seat.
As the dust settles from Afghanistan's election, President Hamid Karzai's emergence as the victor by default cements the central dilemma facing President Obama as he decides whether to escalate the U.S. involvement in the war there.
North Korea said Tuesday it had completed a technical process to produce the fuel needed for one or two more nuclear explosives, an effort begun in April to reverse disarmament actions it made in 2007 and 2008.
Republicans in the U.S. House of Representatives plan to offer an alternative to Democrats' massive healthcare reform bill that would not raise taxes or require people or businesses to buy health insurance, the House Republican leader said on Sunday.