Tax showdown clears way for yearend deal

Tax showdown clears way for yearend deal

Senate Republicans derailed legislation Saturday to extend expiring tax cuts at all but the highest income levels in a political showdown that paradoxically clears a path for a compromise with the White House on steps to boost the economy. “We need to get this resolved and I’m confident we can do it,” President Barack Obama […]

PayPal pulls the plug on WikiLeaks

PayPal pulls the plug on WikiLeaks

WikiLeaks has lost a major source of revenue after the online payment service provider PayPal cut off its account used to collect donations, saying the website is engaged in illegal activity. The announcement also came as WikiLeaks is struggling to keep its website accessible after service providers such as Amazon dropped contracts, and governments and […]

To spend or not to spend…that is Obama’s question

To spend or not to spend…that is Obama’s question

In less than three hours, the extraordinary forces tugging at Barack Obama‘s presidency — and the Republicans who will soon take more control of Congress — came into sharp relief: a sky-high jobless rate, an out-of-control deficit and pressure to keep taxes down. Together, they illustrate the difficulty of balancing immediate, costly fixes for the […]

Rangel’s censure doesn’t take edge off his swagger

Rangel’s censure doesn’t take edge off his swagger

Charles Rangel has his swagger back, but not his power. The 40-year congressional veteran on Thursday became the 23rd House member in the nation’s history to be censured for misconduct. As the final chapter of a more than two-year ethics investigation played out, Rangel moved through several zones of emotion: contrition, anger, relief, defiance. The […]

Suddenly, a rally behind tax cuts

Suddenly, a rally behind tax cuts

Defying expectations, a bipartisan majority of President Barack Obama‘s deficit commission has rallied behind the panel’s controversial deficit-slashing proposals. A key Obama ally, liberal Democratic Sen. Dick Durbin of Illinois, endorsed the plan Thursday night, joining two of the Senate’s most conservative Republicans. The plan now has public commitments of support from a majority of […]

Weeked vote set for tax cuts

Weeked vote set for tax cuts

A deal to extend expiring tax cuts for all taxpayers is starting to take shape even as Senate Democrats plan weekend votes on bills that would let the tax cuts for the wealthy die. The White House is seeking to expand the tax package to include other measures designed to boost the nation’s sluggish economy. […]

Another death in Disney town

Another death in Disney town

Authorities in Florida are investigating another death in the town that Disney built. This time it’s a man who apparently killed himself after shooting at deputies. An Osceola County Sheriff’s Office report says 52-year-old Craig Foushee barricaded himself in a home in Celebration on Thursday for more than 14 hours. Authorities say he shot at […]

Top military leaders still opposed to open gay service

Top military leaders still opposed to open gay service

The top uniformed officers of the Army and the Marines say letting gays serve openly in the military at a time of war would be divisive and difficult, sharply challenging a new Pentagon study that calculates the risk as low. Their assessment, expected Friday at a Senate hearing, was likely to become political ammunition for […]

After cyber-attack, Wikileaks switches servers

After cyber-attack, Wikileaks switches servers

Wikileaks was forced Friday to switch over to a Swiss domain name, wikileaks.ch, after a new round of hacker attacks on its system prompted its American domain name provider to withdraw service. WikiLeaks’ U.S. domain name system provider, EveryDNS, withdrew service to the wikileaks.org name late Thursday, saying it took the action because the new […]

Democrats defecting to GOP after election disaster

Democrats defecting to GOP after election disaster

Staggering Election Day losses are not the Democratic Party‘s final indignity this year. At least 13 state lawmakers in five states have defected to Republican ranks since the Nov. 2 election, adding to already huge GOP gains in state legislatures. And that number could grow as next year’s legislative sessions draw near. The defections underscore […]