Chicago Mayor Rahm Emanuel is hitting out at republicans who have been criticizing his former boss.Republican Presidential candidate Mitt Romney ridiculed President Barack Obama's handling of the economy and debt ceiling debate this week.
President Barack Obama has signed legislation to increase the nation's borrowing authority and avert a potentially catastrophic government default.Obama signed the bill privately in the Oval Office little more than an hour after the Senate voted final passage on Tuesday.
After months of bickering, posturing and name calling, Congress reached a debt deal. Legislators used every inch of room before hitting Tuesday’s debt-ceiling deadline. The deal passed the House and is expected to pass the Senate Tuesday. Still, nobody appeared to jump for joy.
The House of Representatives' vote to approve a bill raising the U.S. federal debt ceiling ended weeks of uncertainty and bitter debate. But even as the vote tally came in, the loudest cheers in the chamber were heard when Rep.