Bush on bin Laden: ‘The guy is dead. That is good’

Bush on bin Laden: ‘The guy is dead. That is good’

Former US president George W. Bush this week reportedly praised President Barack Obama’s decision to order the raid that killed Osama bin Laden and declared: “The guy is dead. That is good.” Bush — who famously declared after the September 11 terrorist attacks that he wanted bin Laden “dead or alive” — spoke out on […]

Outlook for Social Security, Medicare worsens

Outlook for Social Security, Medicare worsens

The bad economy is worsening the already-shaky finances of Medicare and Social Security, draining the trust funds supporting them faster than expected and intensifying the need for Congress to shore up the massive benefit programs, the government said Friday. Both Medicare and Social Security are being hit by a double whammy: the long-anticipated wave of […]

Congress shies away from Social Security changes

Congress shies away from Social Security changes

Congress, already nervous about voter backlash from Senior Citizens, is backing away from changes to Social Security but the serious long-term financial problems that threatens the system remains. An annual report from Social Security trustees will highlight those problems when it is released Friday. The report will show Medicare in worse shape than Social Security […]

Ron Paul readies another fringe run for President

Ron Paul readies another fringe run for President

The “Dr. No” of American politics — two-time Presidential loser Ron Paul — wants his third strike at national office, planning to announce yet another doomed run for the White House Friday. Polls show the 75-year-old Texas Congressman doesn’t stand a chance of winning the GOP Presidential nomination but that won’t stop him from running […]

Ethics Committee sends Ensign case to Justice Department

Ethics Committee sends Ensign case to Justice Department

Former Sen. John Ensign of Nevada broke federal law, made false statements to the Federal Election Commission and obstructed a Senate Ethics Committee’s investigation into his conduct, the panel said Thursday in a scathing report that sent the matter to the Justice Department for possible prosecution. The former Republican lawmaker “created a web of deceit […]

Senators slam defiant big oil bosses

Senators slam defiant big oil bosses

Oil executives defended the billions of dollars they get in tax breaks on Capitol Hill, only to be chastised by senators, who said their huge profits put them out of touch with consumers facing high gas prices. Democratic lawmakers slammed executives on Thursday over their refusal to give up tax breaks after their companies earned […]

Romney tries to defend hyprocrisy on health care reform

Romney tries to defend hyprocrisy on health care reform

Republican Mitt Romney on Thursday played down the healthcare reforms he crafted as Massachusetts governor as he sought the support of conservatives for his party’s 2012 presidential nomination. The similarities between Romney’s healthcare plan and that of Democratic President Barack Obama, derisively dubbed “Romneycare and Obamacare” by conservatives, are seen as the biggest challenge to […]

Americans more optimistic about economy

Americans more optimistic about economy

Americans are growing more optimistic about the U.S. economy, a sentiment that is benefiting President Barack Obama despite public disenchantment with his handling of rising gasoline prices and swollen government budget deficits. An Associated Press-GfK poll shows that more than 2 out of 5 people believe the U.S. economy will get better, while a third […]