Americans would see only a modest rise in health care costs under the Senate's plan to extend coverage to 34 million people who currently go without health insurance, government economic experts say in a new report.
The study found that health spending, which accounts for about one-sixth of the economy, would increase by less than 1 percent than it otherwise would over the coming decade even with so many more people receiving coverage.
Over time, cost-cutting measures could start to reduce the annual increases in health care spending, offering the possibility of substantial savings in the long run. At the same time, however, some of the Senate's Medicare savings could be unrealistic and cause lawmakers to roll them back, according to Medicare's top number crunchers.
Senate Democratic leader Harry Reid apologized on Saturday for saying the race of Barack Obama — whom he described as a "light skinned" African-American "with no Negro dialect, unless he wanted to have one" — would help rather than hurt his eventual presidential bid.
Obama quickly accepted, saying "As far as I am concerned, the book is closed." Reid, facing a tough re-election bid this year, spent the day telephoning civil rights leaders and fellow Democrats in hopes of mitigating the political damage.
Republican Party Chairman Michael Steele offers a simple explanation for why the GOP all too often lost touch with typical Americans since the Ronald Reagan era: "We screwed up," he claims in a new book offering a blueprint for the party's resurgence.
That "we" includes the last two Republican presidents and the most recent Republican candidate for president.
In "Right Now: A 12-Step Program for Defeating the Obama Agenda," released Monday by Regnery Publishing, Steele says the GOP should acknowledge where "we most glaringly compromised our principles" in the past decade and hold its elected officials accountable.
Democrats realize they face serious problems holding on to seats in both the House and Senate as the 2010 mid-term elections approach so they plan on turning old themes: George W. Bush is the devil and Republicans teamed up with Wall Street to create the worst recession since the Great Depression.
What remains to be seen is whether or not the American voter buys into the line at a time when polls show the public blames both parties for the nation's economic woes and President Barack Obama's popularity is wearing thin.
The coming year may not be the best time to be a Democrat. Retirement announcements have left 11 Democratic seats in the House up for grabs and the list could grow over the coming months.
Former President Bill Clinton's charity drew an international roster of donors last year, ranging from Norway and Oman to foreign lotteries, businessmen and celebrities, a contributor list released under an ethics promise by Secretary of State Hillary Rodham Clinton showed.
A donor rundown disclosed on New Year's Day by the William J. Clinton Foundation shows that in all, Norway has given $10 million to $25 million to the charity since its founding roughly a decade ago. Oman donated $1 million to $5 million over the years. The list gave cumulative donation totals and didn't say how much each contributor gave last year.
North Carolina's longest-serving state senator won't seek re-election next year as he faces possible criminal charges over a shooting at his home in August.Read More
Sen. R.C. Soles said in a statement Wednesday he won't seek a 22nd consecutive term. He was first elected to the General Assembly in 1968, more than four decades ago.
State prosecutors announced this month they plan to seek an assault charge against the 75-year-old after a grand jury found probable cause he acted criminally when he shot a former law client.
Soles made no reference to the case in his statement. Authorities said he shot Kyle Blackburn when Blackburn and another man tried to kick in the door of Soles' home. Blackburn was not badly hurt.
Is the Tea Party movement more popular than the Republican Party
Yep. That's what a new Rasmussen poll claims
According to the poll, if the Tea Party Movement was a political party, it would finish second to the Democrat and ahead of Republicans.
Memo to Republicans: Take notes.
Republicans today find themselves in a leaderless party that lacks both direction and a unifying philosophy.
Members of the party of the elephant are unhappy with their current leadership and want to return to tried-and-true GOP themes and "traditional American values," which they feel President Barack Obama and Democrats lack.
But they are not sure how to reach those goals or what central theme should be deployed to utilize a fractured party.
Former CNN host Lou Dobbs is seriously considering running for U.S. Senate in New Jersey in 2012 as a stepping stone to a possible White House bid — a congressional matchup that would pit one of illegal immigration's biggest critics against a champion for immigrant rights.
Dobbs spokesman Robert Dilenschneider told The Associated Press Wednesday that Dobbs may challenge Sen. Robert Menendez, a Democrat, but is considering other offers he's received since his abrupt exit from CNN on Nov. 11 after 29 years on the news network.
"A logical step for Lou, should he choose to go into public life, is to run for the next Senate seat in New Jersey, or to accept some kind of appointed position, nationally or in New Jersey," Dilenschneider said.
The White House and Illinois Democrats said Tuesday that their bid to hold on to President Barack Obama's old Senate seat won't be easy and their difficulties aren't just because of the scandal that engulfed ousted Gov. Rod Blagojevich.
Next year is the first major election for Democrats since Blagojevich was arrested last year on federal corruption charges and removed from office. He has pleaded not guilty to charges that he tried to sell or trade Obama's Senate seat.
"No one ever said it was going to be easy. There's a dark cloud over everyone's head," said Alexi Giannoulias, Illinois' treasurer who's running for Obama's senate seat.