House approves ‘clean’ debt limit extension

House approves ‘clean’ debt limit extension

The House of Representatives narrowly approved a one-year extension of federal borrowing authority on Tuesday after Republicans caved into President Barack Obama’s demands to allow a debt limit increase without any conditions. The 221-201 vote, carried mainly by Democrats, marked a dramatic shift from the confrontational fiscal tactics House Republicans have used over the past […]

Democrats try positive spin on Obamacare, work hours

Democrats try positive spin on Obamacare, work hours

Democrats sought to turn the latest controversy over Obamacare and the economy into a positive political message on Sunday by casting an expected decline in American work hours as a boon to worker freedom and family values. In a new partisan tussle over election messaging that is likely to color this year’s congressional mid-term campaign, […]

Using Obamacare to deny coverage to HIV/AIDs sufferers

Using Obamacare to deny coverage to HIV/AIDs sufferers

Hundreds of people with HIV/AIDS in Louisiana trying to obtain coverage under President Barack Obama’s healthcare reform are in danger of being thrown out of the insurance plan they selected in a dispute over federal subsidies and the interpretation of federal rules about preventing Obamacare fraud. Some healthcare advocates see discrimination in the move, but […]

Possible vote on raising U.S. debt in coming week

Possible vote on raising U.S. debt in coming week

Republicans who control the U.S. House of Representatives have penciled in a possible vote next week on legislation to raise the debt limit, a sign that they are moving closer to deciding whether to try to attach conditions to any increase. House Majority Leader Eric Cantor on Friday left a spot open in his weekly […]

The data wars: Democrats still lead Republicans

The data wars: Democrats still lead Republicans

When Barack Obama defeated Mitt Romney in the 2012 U.S. presidential election, many political strategists saw it as a triumph of the Obama team’s technological prowess, allowing it to identify likely Democratic voters and get them to the polls. It was a sore point for Republicans, who came out of that election vowing to nullify […]

Is job growth really rebounding?

Is job growth really rebounding?

U.S. employment likely rebounded in January after being held back by cold weather the prior month, which would offer assurance that economic growth was not faltering. Nonfarm payrolls are expected to have increased by 185,000 last month, according to a Reuters survey of economists, with the jobless rate seen holding at a five-year low of […]

As budget numbers improve, zeal for more cuts wane

As budget numbers improve, zeal for more cuts wane

New U.S. budget deficit estimates due on Tuesday will likely show a rapidly improving fiscal picture over the next few years, contributing to a waning appetite in Washington for further budget cutting. The Congressional Budget Office is expected to revise downward its deficit forecasts over the next 10 years. Many analysts believe that major deficit […]

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