As the U.S. weighed its response to Russia's violation of Ukraine's sovereignty, the military option was off the table before one Russian soldier set foot in Crimea, and with good reason: The real battle between powers in the 21st century is based as much on economics as it is on military muscle.
After nearly five years of saving money and paying down debt, Americans finally stopped tightening their belts halfway through last year, with aggregate household debt bottoming out at $11.1 trillion. Consumers added more in loans, led by mortgages, for the first time since Wall Street's collapse.
With little appetite for a "grand bargain" on Capitol Hill, the White House abandoned previous proposals to slow entitlement program growth, instead pushing for higher taxes on the wealthy and more domestic spending that it claims will increase job growth and combat income inequality.
Four months after Democrats trumpeted their support for a hefty minimum wage increase, Reid has yet to call a vote on legislation to raise the minimum wage, even though his party commands a five-seat voting majority in the Senate and President Obama is promoting it as a top priority.
Some of the watchdogs who are supposed to root out fraud in the Treasury Department themselves needed to be investigated, according to documents detailing layers of wrongdoing and cover-ups by agents of the Treasury's Office of the Inspector General.
By MEGHASHYAM MALI | 03/07/14 04:48 PM
The White House said President Obama's conversations with Russian President Vladimir Putin were “direct” and “candid,” and that the next few days would reveal if Moscow would de-escalate the Ukraine crisis....Read More...
By ZACK COLMAN | 03/07/14 04:31 PM
Green eggs and ham isn't on the menu this time around. Instead, a Senate filibuster planned for Monday evening will serve up a heaping dose of climate change. Senate Democrats will control the floor for an all-night...Read More...
By MEGHASHYAM MALI | 03/07/14 03:52 PM
President Obama on Friday unveiled a new initiative to help students seeking financial aid for college, touting the latest step in his “opportunity agenda.”Read More...
By JOEL GEHRKE | 03/07/14 03:27 PM
Sen. Rand Paul, R-Ky., opened his CPAC speech by putting Republicans on notice that they need to shift toward the libertarian movement or lose the support of libertarian voters.Read More...
By PHILIP KLEIN | 03/07/14 03:27 PM
Of all the goals of President Obama's health care law, none was more central than the aim to boost coverage of uninsured Americans. But a series of new surveys suggest that this key group of...Read More...
By JOEL GEHRKE | 03/07/14 03:27 PM
Americans have lost $278 billion in income during President Obama's time in office, according to the top Republican on the Senate Budget Committee, who sees the statistic as an argument against...Read More...
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By Washington Examiner | 03/05/14
By Joel Gehrke | 03/06/14
By Michelle Malkin | 03/07/14
By Byron York | 03/06/14
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By PAUL BEDARD | 03/06/14 04:08 PM
Progressive Sen. Bernie Sanders is readying a potential 2016 presidential primary challenge to Hillary Clinton, claiming that the “same old same old ... Clinton type of politics” won't solve the problems of the nation.Read More...
By PAUL BEDARD | 03/06/14 02:00 PM
It's a well-known success story: Republican Wisconsin Gov. Scott Walker inherited a troubled state economy in 2011 after he defeated Democrat Tom Barrett. In his three years, unemployment dropped from 7.8 percent to 6.2...Read More...
By PAUL BEDARD | 03/06/14 12:50 PM
Former Arkansas Gov. Mike Huckabee has cemented his place as a likely 2016 presidential candidate by signing a deal for a campaign-style book that will assail “government intrusion” under President Obama and spell out...Read More...