Amid worries that the economy may be tipping toward a second recession, both Republicans and Democrats say creating jobs is their top priority. But the two parties are far apart on their approaches. Democrats favor targeted stimulus – investments in infrastructure, clean energy, and education – while hiking taxes on corporations and the rich to fund this jobs spending. Republicans aim to curb government regulation and cut taxes to give businesses and individuals more incentive to invest. Here are the Republicans' top five priorities.
Amid worries that the economy may be headed into a second recession, both Republicans and Democrats say creating jobs is their top priority. But the two parties are far apart on their approaches. Democrats favor targeted stimulus – investments in infrastructure, clean energy, and education – while hiking taxes on corporations and the rich to fund this jobs spending. Republicans aim to curb government regulation and cut taxes to give businesses and individuals more incentive to invest. Here are the Democrats' top five priorities.
Rick Perry isn't a Republican presidential candidate – yet. But on the eve of the Iowa debate, Texas Gov. Perry's name recognition numbers are high.
Obama, Bernanke, and Geithner meet as investors worry that political leaders – in the United States and Europe – and central banks can't do much more to support a weak economy.
Continuing a tradition first started by one of the nation’s Founding Fathers, President Obama will host an iftar dinner Wednesday evening at 8:30 in the State Dining Room to celebrate the Muslim holy month of Ramadan. The president is no stranger to the sunset fast-breaking meal – he likely attended many as a boy in Indonesia – but Wednesday’s event comes with a star-studded guest list and an agenda: reaching out to an important, and often embattled constituency.
Democrats in Wisconsin and some of their union backers are vowing to launch a recall effort to try to unseat Republican Gov. Scott Walker. But a 2012 recall could be problematic.
As the White House presses Syria to halt it's brutal repression of dissent, it is considering calling for Assad to step down. While it is not clear how effective that would be, Obama may have little choice.
A nosedive in stock prices doesn't mean a double-dip recession is inevitable. But investor sell-off could hurt an already weak economy by dampening consumer and business spirits.
Guns blazing, the three Florida siblings of the Dougherty Gang embarked on week-long cross-country flight before crashing during a high-speed chase on Wednesday in Colorado, police say.
Birthright citizenship is given to anyone born in the US. The American Bar Association says they're against any changes to the Constitution that would outlaw birthright citizenship.
A victory for Republicans? Kinda. A plus for Democrats? Sorta. DCDecoder says that The Wisconsin elections offered neither a massive backlash to GOP policy nor strong support for those same policies.
Texas Gov. Rick Perry has a presidential-election infrastructure ready to go, say insiders. His appeal to Christian conservatives and the business community position him as a strong, if late, challenger.
After record-breaking electoral spending, efforts to recall six Wisconsin state senators resulted in unseating only two. While Democrats claim a moral victory, Republicans see wasted effort.
Rumsfeld torture lawsuit: a lawsuit brought against former Defense Secretary Donald Rumsfeld has been allowed to move forward. The suit involves a US citizen who says he was tortured in a foreign prison.
Emerson Winfield Begolly pleaded guilty on Tuesday to using the Internet to urge others to commit 'real terrorism, but on a small scale.' He faces up to 10 years in prison and a $125,000 fine.
The Wisconsin recall has brought record-breaking political spending to the state, and as voters went to the polls Tuesday, many said they simply wanted the contentious process to be over.
The Dow recovered almost 430 points Tuesday, after the Fed said it would keep short-term interest rates low until mid-2013. But the Fed's surprise move also points to expectations for slow recovery.
Arizona state Sen. Russell Pearce is hailed by many conservatives nationwide as a 'patriot' for his anti-illegal immigration stance. But the backlash has spawned a recall election Nov. 8.
SEAL Team Six, the unit that killed Osama bin Laden in May, lost members Saturday when Afghan insurgents downed a NATO helicopter. President Obama paid tribute to all of the fallen Tuesday.
Warren Jeffs, leader of the polygamist FLDS religious sect, was sentenced to life in prison in Texas, convicted of sexually assaulting two girls, aged 15 and 12, that he claimed as his 'brides.'