White House ignored warnings about solar company’s problems
White House officials discussed the political ramifications of a possible default by a troubled solar energy company that received more than $500 million in federal loans, newly released emails show.…
Panetta: Defense cuts will increase unemployment
Defense Secretary Leon Panetta is warning members of Congress that threatened defense cuts in the order of $1 trillion over the next decade would add 1 percentage point to the…
Poverty among Americans at all-time high
The ranks of America’s poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work.…
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…
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…
Is it government’s job to fix economy?
The economy needs to be fixed. On this, Democrats and Republicans agree. They part ways over how to do it and, specifically, what role the federal government should play. “Ultimately,”…
No more mail? Ben Franklin is rolling over in his grave
Imagine a nation without the Postal Service. No more birthday cards and bills or magazines and catalogs filling the mailbox. It’s a worst-case scenario being painted for an organization that…
Debt-ridden postal service looks to Congress for help
The postmaster general is going to Congress to discuss the Postal Service‘s mounting debt. Postmaster General Patrick Donahoe is among the witnesses scheduled to appear Tuesday before the Senate Homeland…
Economic crisis threatens pension funds
Pension funds in developed economies are facing a new crisis as falling equities and tumbling bond yields widen their deficits, threatening the incomes and retirement dates of future retirees. At…
Like it or not, tea party is an influencing factor
Bulling its way into 2012, the tea party is shaping the race for the GOP presidential nomination as candidates parrot the movement’s language and promote its agenda while jostling to…
