President Obama met with leaders of both parties Tuesday to move forward one of his key objectives: a bill designed to stimulate job creation. Democrats have said they would like to pass a jobs bill by Feb. 12.
Senate Democrats have been consulting within their own ranks to develop job creation ideas. They want to pass a bill by Feb. 12.
Nearing retirement, they have little time to recover from the drop in stocks and housing. Here's how they're coping.
Republican lawmakers usually back tax cuts for businesses, but the $33 billion price tag of Obama's proposal may deter those who are more worried about runaway deficits.
Senate Democrats raised the debt ceiling to $14.3 trillion and passed a pay-as-you-go measure Thursday. Both needed 60 votes. But a bid to cap federal spending exposed different fault lines.
On Friday, Obama is set to announce tax credits for employers, with the aim of encouraging businesses to hire. Congress would have to vote on the proposal.
President Obama's State of the Union speech evoked mixed reactions from groups representing seniors, environmentalists, and small businesses. Some praised his policy proposals but wanted to see more action.
Full text of President Obama's State of the Union address
President Obama has responded to recent setbacks by striking a more populist tone, and his primary target has been Wall Street. Bankers are hoping he takes a more inclusive line in his State of the Union address Wednesday.