Cantor: Americans hate health bill

Cantor: Americans hate health bill

House Majority Leader Eric Cantor says the new health care law is getting in the way of job-creation and vows Republicans are committed to repealing it. Cantor tells CBS‘s “The Early Show” the GOP isn’t retreating from its commitment to get rid of the law overhauling the health care system, even though Senate Democrats have […]

Volcker ending term on Obama’s economic planel

Volcker ending term on Obama’s economic planel

Former Federal Reserve Chairman Paul Volcker is ending his term as chairman of President Barack Obama‘s economic advisory panel next month, a person familiar with the situation said Wednesday. Volcker is a highly regarded voice on financial policy and has been an occasional outside counselor to the White House both as head of the recovery […]

Gibbs out as White House spokesman

Gibbs out as White House spokesman

Robert Gibbs, the feisty press secretary whose job as President Barack Obama‘s chief spokesman and confidant has given him an outsized presence at the White House, announced Wednesday he was quitting for the less demanding, more lucrative role of giving paid speeches and advising the president from the outside world. In a rapidly unfolding makeover, […]

Economists say shopping surge will continue

Economists say shopping surge will continue

Shoppers’ holiday-season splurge was likely a preview of what’s to come in 2011, and economists say it should embolden companies to expand and hire. Americans spent more in the 50 days before Christmas than analysts had expected — the sharpest annual increase since 2006. It’s the surest sign yet they’re becoming less frugal as the […]

Republicans already breaking their promises

Republicans already breaking their promises

Republicans have already violated some of the vows they made in taking stewardship of the House. Their pledge to cut $100 billion from the budget in one year won’t be kept. And for a coming vote seeking to repeal the health care overhaul, the first major initiative of the new Congress, lawmakers won’t be allowed […]

Republicans ready for showdown with more glitter than reality

Republicans ready for showdown with more glitter than reality

Spouting more philosoply than reality, House Republicans brag they are ready for a fight with President Barack Obama over health care and other issues but hill watchers admit the GOP posturing is more grandstanding than anything else. “It’s new energy,” incoming House Speaker John Boehner told reporters on the eve of his swearing-in. The oath-taking […]

Pelosi has no regrets but some Democrats may disagree

Pelosi has no regrets but some Democrats may disagree

Democrat Nancy Pelosi said she had no regrets on her last day as House speaker Tuesday, a reign that lasted four years and is ending after the November elections. Many of her Democrats who are still licking their wounds from the midterm massacre might disagree. Pelosi said Tuesday she looks forward to leading a loyal […]

New Obama, new team, same old problems

New Obama, new team, same old problems

Retooling for a re-election run, President Barack Obama is shaking up his senior leadership team to deal with the new realities of his term: The era of big legislation is over, a massive campaign effort needs energy and people, and the White House is taking a toll on those who run it. Obama’s press secretary, […]

Time to to shut down the filibuster?

Time to to shut down the filibuster?

Senate Democrats have what they think may be a unique window of opportunity to tame the filibuster power that the Republican minority has used so effectively in recent years to foil the Democratic agenda. Normally, it takes a two-thirds majority to change Senate rules, one reason the filibuster system that has contributed to Senate paralysis […]

Is Obama ready for an emboldened GOP?

Is Obama ready for an emboldened GOP?

After two weeks out of the spotlight, President Barack Obama is returning to Washington to face an emboldened Republican Party and the first major shake-up of his senior staff. The first weeks of the new year will be an early test of how the president will deal with a divided Congress and whether he can […]