President Obama will give his third State of the Union address Tuesday night. Job growth remains sluggish, the middle class is on the ropes, Congress appeared dysfunctional and 2012 is an election year.
Barely beating Santa's sleigh, Congress delivered a last-minute holiday tax-cut extension to 160 million American wage-earners on Friday, just when it looked like they and millions of unemployed workers were going to be left with coal in their stockings.It was a major yearend political victory for P
WASHINGTON — A special deficit-reduction supercommittee appears likely to admit failure on Monday, unable or unwilling to compromise on a mix of spending cuts and tax increases required to meet its assignment of saving taxpayers at least $1.2 trillion over the coming decade.The panel is sputtering t
When the monthly numbers came out last Friday, unemployment was still above 9 percent and the economy created no jobs--none; zero; zilch. The Republican presidential candidates quickly took the president to task while Mr. Obama was in “I’ve gotta get out there with a plan” mode.