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How Obama plans to create 600,000 jobs
Stimulus spending this summer will be guided by Vice President Joe Biden's 'Roadmap to recovery,' which he presented to the president Monday.
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Fed chief calls for deficit control. Why now?
Bernanke warned Wednesday that federal debt as a share of GDP is approaching highest levels since the early 1950s, after the massive borrowing of World War II.
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Obama fast-tracks healthcare reform
Even as the president urges Senate Democrats to move quickly, a Congressional Budget Office ruling lowers a hurdle that tripped up the Clinton-era reform effort.
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Democrats' message to GOP in budget plan: We don't need you
Though Democrats are asking for bipartisan support, the resolution passed Wednesday suggests they are prepared to go it alone on healthcare and education reform.
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House passes $3.6 trillion budget plan
The plan, which will help fund Obama's healthcare reform and education agenda, is also on track to pass in the Senate Wednesday.
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Lawmakers dig into White House budget
Deficit projections mean even Democrats are looking for ways to trim, some of them gimmicky.
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Why US keeps backstopping a flattened AIG
It pledges $30 billion more, amid insurance giant’s record losses.
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The Obama budget’s big ambitions
The plan, projecting a $1.7 trillion deficit, includes a down payment on universal healthcare.
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What does a $1.2 trillion budget deficit look like?
It would buy 4.8 billion Wiis. As a standard mortgage, it would cost $6.7 billion a month.
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In switch, Obama emphasizes belt-tightening
Once the economy starts growing again, he wants to cut programs that have 'outlived their usefulness.'
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State and city budgets falling fast
Shortfalls are beginning to hit local government services across the country.
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Obama's promises face a rough road ahead
A government mired in debt combined with a recession will make the path to recovery difficult for the president-elect.
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Wall Street’s turmoil tests McCain
Obama goes on the attack with a new ad, while the GOP candidate calls for an investigation.
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Economic stimulus, Round 2?
Rumblings about a possible second boost prompt economists to look at alternatives to the 'tax rebate.'
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'Tax rebate' checks expected to yield short-term benefits, long-term troubles
Economists foresee renewed economic growth over the next few months, but increased inflation and declining wealth will take a bigger toll.
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U.S. deficit at record high and rising
The federal deficit hit $311 billion for the first half of fiscal year 2008, up from $162 billion the year before.
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Why Bush's budget will change its shape
His $3.1 trillion budget would be the largest ever.
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