| Dec 11, 2013
Here's what counts as success in Washington these days: a budget deal that almost everyone hates and that doesn't solve any of the country's major problems.
The spending bill that Sen. Patty Murray (D-Wash.) and Rep. Paul D. Ryan (R-Wis.) unveiled...
| Oct 4, 2013
A vast scholarly literature spanning more than six decades exists on the subject of leadership. The characteristics of effective leaders have been pored over, cataloged and debated. Among them, one trait stands out as axiomatic: Effective leaders take...
| Oct 8, 2013
This is the first year in more than four decades that I haven't been in the legislative branch of government. During that span, I've witnessed government's greatest potential as well as its calamitous capacity for dysfunction. Unfortunately, the latter is...
| Oct 6, 2013
| 1:33 PM
Two major topics of conversation are burning up the Twittersphere these days: Miley Cyrus and the government shutdown. Both came together on Saturday night when Cyrus hosted "SNL" and starred in a racy video called "We Did Stop (the government)" where she...
| Oct 28, 2013
| 7:31 AM
WASHINGTON -- The Senate Banking Committee expects to hold a confirmation hearing in November on Janet L. Yellen's nomination to be the next head of the Federal Reserve as supporters try to get her formally in place before current Fed chief Ben S....
| Oct 31, 2013
| 6:19 AM
WASHINGTON -- Initial jobless claims fell for the third straight week as furloughed federal employees returned to work and the effects of the government shutdown abated, the Labor Department said Thursday.
There were 340,000 people who filed for first-...
| Nov 11, 2013
| 7:44 AM
WASHINGTON -- The head of the American Bankers Assn., who is a former GOP governor, made a strong pitch Monday to his fellow Republicans to support the bipartisan Senate immigration reform legislation by invoking party hero Ronald Reagan.
| Oct 3, 2013
| 7:59 AM
WASHINGTON -- A federal government default caused by a failure to raise the debt limit could trigger a worse financial crisis than in 2008, the Treasury Department said Thursday in a report designed to pressure Congress to act before the Oct. 17 deadline....
| Mar 21, 2014
| 6:09 AM
WASHINGTON -- Fitch Ratings on Friday upgraded its outlook for the U.S. AAA credit rating, removing the nation from a downgrade watch after politicians put off another debt limit battle until next year.
The company, one of three major credit rating...
| Oct 9, 2013
| 7:02 AM
WASHINGTON -- The U.S. needs to get "its act together" and raise the debt limit before a default derails the nation's recovery and damages the world economy, a top International Monetary Fund official said Wednesday.
Short-term interest rates have risen...
| Oct 25, 2013
| 8:23 AM
WASHINGTON -- A leading barometer of consumer confidence tumbled this month to its lowest level this year as the partial federal government shutdown led to fears the economic recovery would slow down.
The consumer sentiment index from the University...
| Oct 24, 2013
| 12:29 PM
They have the shape, feel and nicotine of tobacco cigarettes, but e-cigarettes should not be regulated like tobacco products, makers of the popular new product say.
The Smoke Free Alternatives Trade Assn., an industry group, is lobbying to avoid Food...