Obama’s public approval rating drops as Americans blame him for fiscal mess

Obama’s public approval rating drops as Americans blame him for fiscal mess

Less than two months into his second term, President Barack Obama’s approval rating has dropped and Americans blame him and his fellow Democrats almost as much as his Republican opponents for a fiscal mess. A Reuters/Ipsos online poll released on Wednesday showed 43 percent of people approve of Obama’s handling of his job, down 7 […]

Obama faces widespread GOP skepticism on budget dealings

Obama faces widespread GOP skepticism on budget dealings

President Barack Obama must work with a deeply skeptical partner as he tries to undo painful spending cuts and set U.S. finances on a more sustainable course: the liberal wing of his own party. While Republicans have dug in their heels against further tax increases, many of Obama’s fellow Democrats have refused to consider cuts […]

Dominican woman recants sex claim against Sen. Menendez

Dominican woman recants sex claim against Sen. Menendez

A Dominican woman who previously stated in a video that she was paid to have sex with Senator Robert Menendez of New Jersey now says the allegations were false, according to a sworn statement released by a lawyer on Monday. The notarized affidavit was distributed by a prominent Dominican lawyer and friend of Menendez, Vinicio […]

Sequestration: So much for Obama’s second-term agenda

Sequestration: So much for Obama’s second-term agenda

Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis that threatens the economy and his broader domestic policy agenda. The failure by Obama and Republicans to agree to halt the $85 billion ‘sequester’ cuts virtually guaranteed […]

Bernanke says Fed pullback could put economic recovery at risk

Bernanke says Fed pullback could put economic recovery at risk

Ben Bernanke, the chairman of the Federal Reserve, said on Friday that pulling back on aggressive policy measures too soon would pose a real risk of damaging a still-fragile recovery. There has been some disagreement within the Fed of whether the U.S. central bank’s bond-buying program, which is designed to push down long-term interest rates, […]

Hagel claims budget cuts puts Pentagon missions in peril

Hagel claims budget cuts puts Pentagon missions in peril

New Defense Secretary Chuck Hagel said on Friday that budget uncertainty, including $46 billion in new defense cuts, jeopardizes the Pentagon‘s ability to effectively fulfill all its missions. Hagel, appearing at his first Pentagon news conference since he was sworn in on Wednesday, said the cuts mean the U.S. Navy would gradually stand down four […]

Gay candidate for mayor killed in Mississippi

Gay candidate for mayor killed in Mississippi

A candidate for mayor of a small town in Mississippi was found dead by a river on Wednesday morning, the victim of an apparent homicide, police said. Marco McMillian, 34, was one of the first viable, openly gay candidates in Mississippi, according to the Victory Fund, a national organization that supports and endorses lesbian, gay, […]