By Lisa Ruhl | 06/25/14 03:06 PM
With the news Wednesday morning that the economy shrank by 2.9 percent in the first three months of 2014, Sen. Marco Rubio, R-Fla., tackled issues he believes will help turn those numbers around.
By Timothy P. Carney | 06/25/14 02:41 PM
Republican Financial Services Committee Chairman Jeb Hensarling opened today's hearing on the Export-Import Bank by excoriating corporate welfare and calling out big businesses by name in something of a populist speech.
By Timothy P. Carney | 06/25/14 01:06 PM
Ask massive and profitable U.S. companies why they need taxpayer-backed financing through the Export-Import Bank, and they'll tell you that without the subsidies, they will lose sales to foreign manufacturers.
By Susan Ferrechio | 06/25/14 12:35 PM
House Speaker John Boehner, R-Ohio, said new allegations about fraud and corruption at the Export-Import Bank influenced his decision to take a harder look at whether Congress should reauthorize it.
By Becket Adams | 06/25/14 11:49 AM
The U.S. economy contracted at an annual rate of 2.9 percent in the first quarter of 2014, the worst decline since the start of the official start of the Great Recession, according to the Commerce Department.
By Timothy P. Carney | 06/25/14 10:13 AM
The House Financial Services Committee is holding a hearing on the reauthorization of the Export-Import Bank of the United States, the usually-obscure government agency that subsidizes U.S. exports with taxpayer-backed loan guarantees to foreign buyers.
By Philip Klein | 06/25/14 09:49 AM
Health care spending actually shrunk 1.4 percent during the first quarter of the year, the Bureau of Economic Analysis now says, after previously saying it soared 9.1 percent -- a massive revision that will shake up the debate over how President Obama's health care law is affecting medical spending.
By Susan Ferrechio | 06/24/14 06:49 PM
Senate lawmakers Tuesday significantly boosted the chances that Congress will consider renewing the Export-Import Bank in the face of mounting GOP opposition in the House.
By Paul Bedard | 06/24/14 02:01 PM
The climate change debate took a sharp left turn on Tuesday when several former cabinet secretaries, former New York Mayor Michael Bloomberg and a key Wall Street donor to environmental causes said companies that don't buy into global warming should be punished and penalized.
By Steve Chapman | 06/23/14 10:28 AM
The government normally doesn't care whether you or I accumulate large bills for home improvement, a new car or exotic vacations. But President Obama feels no hesitation in concluding that the cost of higher education has placed "too big a debt load on too many young people." Therefore,...
By Sean Higgins | 06/23/14 08:42 AM
Even before Michigan passed a right-to-work law in 2012, US car manufacturing was drifting south to places like Tennessee that had long had the law.
By Joseph Lawler | 06/22/14 11:13 PM
On Thursday, the Bureau of Economic Analysis will release May data on personal income and spending. That report will include the personal consumption expenditures price index, which is the price index that officials at the Federal Reserve watch most closely.
By Rebecca Berg | 06/22/14 01:48 PM
New House Majority Leader Kevin McCarthy does not have plans to reauthorize the Export-Import Bank's lending authority when it expires in September, he said Sunday -- setting up a likely fierce battle between conservative Republicans and the president. The bank, which grants credit to help...
By Timothy P. Carney | 06/22/14 12:10 PM
House Majority Leader-elect Kevin McCarthy says Congress should let the Export-Import Bank expire, the biggest blow yet to the imperiled subsidy agency whose charter expires this fall. On "Fox News Sunday," host Chris Wallace asked McCarthy if he agrees with "conservatives who say that the...
By Washington Examiner | 06/20/14 01:13 PM
Big Green activists have taken their crusade against hydraulic fracturing to a number of state capitols for the same reason they oppose the Keystone XL pipeline. They want the fossil fuels that power the U.S. economy to remain in the ground, untapped.
By Paul Bedard | 07/23/14
By Paul Bedard | 07/24/14
By Paul Bedard | 07/23/14
By Luke Rosiak | 07/23/14
By David M. Drucker | 07/24/14