News

Anti-union tricks by Volkswagen?

Anti-union tricks by Volkswagen?

Senator Bob Corker of Tennessee said on Wednesday he has been “assured” that if workers at the Volkswagen AG plant in his hometown of Chattanooga reject United Auto Worker representation, the company will reward the plant with a new product to build. Corker’s bombshell, which runs counter to public statements by Volkswagen, was dropped on […]

Senate approves debt limit increase

Senate approves debt limit increase

Legislation to raise the federal debt limit and prevent a crippling government default cleared Congress on Wednesday with an awkward assist from top Senate Republican leaders who were forced into a politically treacherous vote engineered by tea party favorite Ted Cruz. The Texas Republican’s maneuver forced several GOP colleagues, including Minority Leader Mitch McConnell of […]

Boehner’s retreat leads to new debt limit approval

Boehner’s retreat leads to new debt limit approval

It was once the backbone of the House Republican majority — the hard-line stand that brought President Barack Obama to the negotiating table and yielded more than $2 trillion in deficit reduction. On Tuesday, it abruptly vanished, the victim of Republican disunity and a president determined not to bargain again. During the summer budget negotiations […]

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 […]

Big companies get ‘wiggle room’ on Obamacare

Big companies get ‘wiggle room’ on Obamacare

Big retail stores, hotels, restaurants and other companies with lots of low-wage and part-time workers are among the main beneficiaries of the Obama administration’s latest tweak to health care rules. Companies with 100 or more workers will be able to avoid the biggest of two potential employer penalties in the Affordable Care Act by offering […]

Another Obamacare concession: A fatal setback?

Another Obamacare concession: A fatal setback?

It may take weeks to render a verdict on the Obama administration’s latest health care concession to employers. But that could make a difference for Democrats battling to keep control of the Senate in the fall congressional elections. All-important details are buried in more than 200 pages of dense Treasury regulations released Monday. The biggest […]

What now for U.S. aid to Afghanistan?

What now for U.S. aid to Afghanistan?

Uncertainty over how many U.S. troops might remain in Afghanistan beyond this year has trickled down to American diplomats and aid workers, whose efforts to develop the still mostly primitive country face a drawdown of their own because of security fears. In boosting security forces, educating young girls, launching mobile phone technology and providing other […]

Donors start to have doubts about Chris Christie

Donors start to have doubts about Chris Christie

Where just months ago Republicans brimmed with pride over Chris Christie‘s landslide re-election, doubts about his prospects as a potential presidential candidate have begun creeping into the minds of some donors in key states, according to some GOP fundraisers. The celebrity New Jersey governor is in Chicago Tuesday to raise money for the Republican Governors […]