Politics and More

Deficit-cutting mania: ‘Doomsday’ to defense budget?

Deficit-cutting mania: ‘Doomsday’ to defense budget?

For the dozen lawmakers given the task of producing a deficit-cutting plan, the threatened “doomsday” defense cuts hit close to home. The six Republicans and six Democrats represent states where the biggest military contractors — Lockheed Martin, General Dynamics Corp., Raytheon Co. and Boeing Co. — build missiles, aircraft, jet fighters and tanks while employing […]

Bachmann wins Iowa straw poll, but does it mean anything?

Bachmann wins Iowa straw poll, but does it mean anything?

Minnesota Rep. Michele Bachmann won a test vote of Iowans on Saturday, a show of popularity and organizational strength for the tea party favorite five months before the state’s caucuses kick off the GOP presidential nominating season. The result is the first indication of what Iowans think of the field of Republicans competing for the […]

Appeals court strikes down individual mandate in health care law

Appeals court strikes down individual mandate in health care law

A federal appeals panel’s ruling striking down the centerpiece of President Barack Obama’s health care overhaul moves the question of whether Americans can be required to buy health insurance a step closer to the U.S. Supreme Court. A divided three-judge panel of the 11th Circuit Court of Appeals ruled Friday that Congress overstepped its authority […]

Can the deficit-cutting panel actually work?

Can the deficit-cutting panel actually work?

Having said no to taxes for months, Republicans now are saying maybe, in the face of public disgust over a deadlock in the Congress, a near government default and a worsening global economic crisis. Prompting some hope for a return to fiscal order are the statements and reputations of some of the six Republicans named […]

Obama meets with big biz honchos

Obama meets with big biz honchos

President Barack Obama met Friday with top executives at marquee US firms like American Express and Johnson & Johnson, with the country’s economy struggling and global markets prone to wild swings. “The president appreciated the thoughtful exchange of ideas and the private sector’s shared commitment to improving our economy,” the White House press office said […]

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