President Barack Obama says it likely will be another year to 18 months before home prices start rising again and sales start to pick up.But he says the federal government can't accomplish that alone, and will need support from the banking industry and others to make
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.
Debates over raising the debt ceiling continue in Washington today. The House of Representatives is scheduled to vote on the Republican-backed "Cut, Cap and Balance Act" Tuesday evening, which allows for the debt ceiling to be raised to $2.4 trillion, but would require spending cuts and a new b
Illinois Congresswoman Jan Schakowsky lashed out at her Republican colleague Joe Walsh today for accusing President Obama of lying about the debt ceiling.Walsh released a video yesterday accusing the White House of using scare tactics in the debate about raising the national debt limit."
Barack Obama is now the last living Democrat whom anyone ever believed was progressive who’s not on board for same sex marriage.Except, of course, that he used to be.Back when he lived here in Chicago and went to dinner with his gay pals and celebrated their anniversaries and such.Back around 1996,
President Barack Obama's plan to bring 10,000 troops home from Afghanistan by the end of this year. Democratic Sen. Dick Durbin says the president's announcement on Wednesday is a step toward the end of a long war. Durbin says the U.S.
Not so long ago, when the question was war, the response on Capitol Hill was an automatic blank check.A largely compliant Congress, and presidents and politicians who were fearful of looking "weak on defense" or "unpatriotic," rubber-stamped massive military spending.Funny how 10 years, two $1 trill