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GOP wannabes revive privatizing Social Security

GOP wannabes revive privatizing Social Security

Most of the top Republicans running for president are embracing plans to partially privatize Social Security, reviving a contentious issue that fizzled under President George W. Bush after Democrats relentlessly attacked it. As President Barack Obama sidesteps ways to keep the retirement system viable, his would-be rivals are keen on letting younger workers divert part […]

Jobs plan gets some support from House Republicans

Jobs plan gets some support from House Republicans

Sounding cooperative but drawing a firm line on tax increases, House Republican leaders said on Friday they see some areas of possible agreement with President Barack Obama on his jobs plan. Extending a tax break for businesses that allows them to write off the value of new equipment purchases is one area of common ground, […]

Political bickering dominates debt panel

Political bickering dominates debt panel

Digging in for a bruising struggle, Republicans on Congress’ powerful deficit-fighting “supercommittee” targeted Social Security and government health care spending Tuesday while Democrats pressed for higher tax revenue as part of any deal to reduce red ink by at least $1.2 trillion over the next decade. There were no ultimatums from either side, and there […]

Health insurance mandate ruled unconstitutional

Health insurance mandate ruled unconstitutional

A federal judge in Pennsylvania said the insurance-buying mandate in President Barack Obama’s health care overhaul is unconstitutional, the latest ruling over an issue likely to be taken up by the Supreme Court. U.S. District Judge Christopher Conner in Harrisburg said the Commerce Clause of the U.S. Constitution did not give Congress power to require […]

CIA opens New York probe

CIA opens New York probe

The CIA has opened an internal investigation into whether the agency broke a ban against domestic spying in its work with New York City police, top officials said Tuesday. Newly appointed CIA director David Petraeus, who took over the spy agency this month, said the probe by the agency’s inspector general would look at the […]