Congress begins the great budget gamble

Congress begins the great budget gamble

Having turned its focus from spending cuts to social issues and an assault on the Obama administration‘s regulatory agenda, a battle-weary House reconvenes Friday in hopes of wrapping up action on a big Republican spending bill that would impose sweeping cuts across domestic programs. The measure is but the first step in an increasingly bitter […]

Capitol Hill budget circus continues

Capitol Hill budget circus continues

From left, Joint Chiefs Chairman Adm. Michael Mullen; Defense Secretary Robert Gates; Pentagon Comptroller Robert F. Hale, and others, testify on Capitol Hill in Washington, Wednesday, Feb. 16, 2011, before the HouseArmed Services Committee hearing on the Defense Department’s budget. (AP Photo/J. Scott Applewhite) Conservatives are trying to cut arts funding while Democrats seek to […]

Dems to GOP: So, where are all the jobs?

Dems to GOP: So, where are all the jobs?

Republicans won sweeping victories last November by taunting Democrats with “Where are the jobs?” Democrats are now throwing those taunts back, saying it’s Republicans who will knock thousands of Americans out of work with their demands for deep cuts in federal spending. The attacks have caught Republicans at an awkward moment, as they shift their […]

Why are credit card rates going up?

Why are credit card rates going up?

Credit card interest rates are climbing. It’s just not clear exactly why. A study released Tuesday suggests that today’s higher rates are mainly a reflection of the struggling economy. That’s contrary to the credit card industry’s refrain that tighter regulations have forced banks to pass costs along to consumers. The average credit card rate rose […]

America to cyber-dissidents: ‘We’re with you’

America to cyber-dissidents: ‘We’re with you’

The United States stands with cyber dissidents and democracy activists from the Middle East to China and beyond, Secretary of State Hillary Rodham Clinton said Tuesday. She pledged to expand the Obama administration‘s efforts to foil Internet repression in autocratic states. In an impassioned speech on Internet freedom, Clinton said the administration would spend $25 […]

Libya joins the protest bandwagon

Libya joins the protest bandwagon

Hundreds of Libyan protesters took to the streets Wednesday in the country’s second largest city to demand the government’s ouster in the first sign that the region’s unrest has spread to the Arab nation in North Africa. Witnesses say protesters in the port city of Benghazi chanted slogans demanding the resignation of Prime Minister Baghdadi […]

Blacks change course, head back to the South

Blacks change course, head back to the South

The Great Migration, the 60-year escape from segregation and racism that brought American blacks to the North, has reversed course. Better jobs and quality of life in the South are beckoning, as is the lure of something more intangible — a sense of home. “It’s no coincidence that the shift is happening as we encounter […]

Obama makes first move in budget chess match

Obama makes first move in budget chess match

The president’s budget has all the trappings of a financial document — ledgers, tables, economic projections. But it is, foremost, a political declaration. With this budget, President Barack Obama cast himself as a sensible fiscal manager — not too harsh, not too soft — while exploiting internal Republican struggles over how much cutting is too […]

Report outlines risk of energy drinks

Report outlines risk of energy drinks

Energy drinks are under-studied, overused and can be dangerous for children and teens, warns a report by doctors who say kids shouldn’t use the popular products. The potential harms, caused mostly by too much caffeine or similar ingredients, include heart palpitations, seizures, strokes and even sudden death, the authors write in the medical journal Pediatrics. […]