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Bush leaving nation drowning in red ink

President George W. Bush's administration acknowledged Monday that it would leave behind a massive budget deficit but could not say whether it would exceed one trillion dollars.

"The size…

Bush defends auto industry bailout

President George W. Bush on Saturday said offering government loans to U.S.…

Bush approves auto industry bailout loans

Citing danger to the national economy, President Bush approved an emergency bailout of the U.S. auto industry Friday, offering $17.4 billion in rescue loans…

Gates orders plans to close Gitmo prison

Defense Secretary Robert Gates has ordered aides to draw up plans for closing the "war on terror" prison at Guantanamo, a declared priority for…

Bush will brief Obama on ‘contingencies’

President George W. Bush's administration will brief president-elect Barack Obama and his team on several contingency plans in case an international crisis breaks after…

White House feeling pressure on auto bailout

The Bush administration faces competing pressures from lawmakers in different congressional factions as it reviews its options for bailing out the downtrodden U.S. auto industry.

Conservative Republicans implored the…

Cheney defends Gitmo prison, torture

The Guantanamo 'war on terror' detention center should remain open indefinitely, Vice President Richard Cheney told ABC News in an interview Monday, while also defending the harsh interrogation method known…

White House to Detroit: Help is on the way

Detroit automakers, teetering on the brink of collapse, are receiving strong signals from the White House that short-term help is on the way while…

For Bush, if the shoe fits…

President George W. Bush wrapped up a whirlwind trip to two war zones Monday that in many ways was a victory lap without a clear victory. A signature event occurred…

Bush not willing to let auto industry fail

The Bush administration simply wasn't willing to stand by and watch the American auto industry financially collapse — the stakes were too huge.

So the administration committed Friday to…