Republcans end year with scrooge move on immigration

Republcans end year with scrooge move on immigration

Senate Republicans on Saturday doomed an effort that would have given hundreds of thousands of young illegal immigrants a path to legal status if they enrolled in college or joined the military. Sponsors of the Dream Act fell five votes short of the 60 they needed to break through largely GOP opposition and win its […]

Blackwater founder worms his way back into mercenary company

Blackwater founder worms his way back into mercenary company

An investment group with ties to the founder of the company formerly known as Blackwater announced Friday that it has bought the security firm, which was heavily criticized for its contractors’ actions in Iraq. USTC Holdings said in a statement that the acquisition of the company now called Xe Services includes its training facility in […]

Post office gets ready for busiest day of the year

Post office gets ready for busiest day of the year

The post office is bracing for its busiest day of the year on Monday. The agency’s busiest day is traditionally the Monday before Christmas as people mail cards and packages they prepared over the weekend. Postal officials expect 800 million pieces of mail to be handled on Monday, 40 percent more than the average daily […]

Investigators recover billions for Madoff victims

Investigators recover billions for Madoff victims

Many of Bernard Madoff’s victims who thought they lost everything could get at least half their money back after the widow of a Florida philanthropist agreed Friday to return a staggering $7.2 billion that her husband reaped from the giant Ponzi scheme. Federal prosecutors reached the settlement with the estate of Jeffry Picower, a businessman […]

Searchers may have found Amelia Earhart’s bones

Searchers may have found Amelia Earhart’s bones

The three bone fragments turned up on a deserted South Pacific island that lay along the course Amelia Earhart was following when she vanished. Nearby were several tantalizing artifacts: some old makeup, some glass bottles and shells that had been cut open. Now scientists at the University of Oklahoma hope to extract DNA from the […]

Congress pontificated against earmarks, then then packed bill with pork

Congress pontificated against earmarks, then then packed bill with pork

More than two dozen senators — most of them Republicans — put hundreds of homestate projects in the $1.3 trillion bill to fund the federal government even though they recently voted to ban so-called earmarks. The effort to pass the 1,924-page bill collapsed Thursday night after complaints by conservatives over its complexity and size and […]

Next up: ‘Don’t ask, don’t tell’

Next up: ‘Don’t ask, don’t tell’

The Senate was headed toward a landmark vote Saturday on legislation that would let gays serve openly in the military, testing waning opposition among Republicans and putting Democrats within striking distance of overturning “don’t ask, don’t tell.” Passage would be a historic victory for President Barack Obama, who made repeal of the 17-year-old law a […]

Weiner raps Obama on tax deal

Weiner raps Obama on tax deal

A prominent Democratic opponent of the tax cut package passed by Congress says Republicans got the better of President Barack Obama in the negotiations to reach agreement on the $858 billion deal. Democratic congressman Anthony Weiner of New York says Republicans turned out to be “better poker players” than the president. He told CBS‘ Early […]

Congress goes into urgent mode; rushes to make it come for the holidays

Congress goes into urgent mode; rushes to make it come for the holidays

Rushing to finish by Christmas, congressional Democrats worked Friday to secure Senate ratification of a new arms control treaty and to end the military’s ban on openly gay service members as they neared the end of two tumultuous years of single-party government. Legislation to keep the federal government running until mid- to late February was […]

So, what does this tax bill stuff really mean for you?

So, what does this tax bill stuff really mean for you?

The new tax law signed by President Barack Obama Friday will spare millions of Americans from a big tax increase on Jan. 1. It also includes a new cut in Social Security payroll taxes next year. A look at how typical taxpayers will fare in 2011: ___ Taxpayer: A single person with no children, making […]