A bold plan to slash the U.S. budget deficit fell short on Friday of winning support needed from a presidential commission to trigger congressional action, but it was expected to help shape future budget debates.
A bold plan to slash the U.S. budget deficit fell short on Friday of winning support needed from a presidential commission to trigger congressional action, but it was expected to help shape future budget debates.
FIFA takes the Football World Cup 2018 and 2022 to new territories of Russia and Qatar, raising concerns over risks involved in the selection of venue.
U.S. employment barely grew in November and the jobless rate unexpectedly hit a seven-month high, hardening views the Federal Reserve would stick to its $600 billion plan to shore up the fragile recovery.
The White House Office of Management and Budget (OMB) has adopted cloud-first policy as part of its IT strategy for government agencies.
U.S. employment increased far less than expected in November and the jobless rate jumped to a seven-month high of 9.8 percent, dampening hopes for a self-sustaining economic recovery.
Congress on Thursday extended soon-to-expire funding for the federal government for another two weeks, giving Democrats time to craft a more lasting solution.
The U.S. economy probably recorded a second month of solid job gains in November, which would bolster views the labor market is improving even though the activity is not enough yet to lower the unemployment rate.
The incoming head of a House of Representatives panel overseeing the Obama White House on Thursday called for pulling the plug on a widely criticized program to help struggling borrowers stay in their homes.
The Senate will vote on two Democratic options to extend some Bush-era tax cuts on Saturday, its Democratic leader said, measures likely to fail but highlight deep ideological divisions between the parties.
The FIFA World Cup, the biggest tournament in soccer, will be headed to new regions as Russia won the 2018 bid on Thursday over rivals which included England and tiny emirate Qatar beat a group including the United States for the 2022 tournament.
While negotiators for both political parties worked behind the scenes to hammer out a deal on extending the Bush-era tax cuts and, possibly, unemployment insurance, House Democrats pushed through a measure that would extend the tax cuts for individuals making less than $200,000 and married couples making less than $250,000.
The House of Representatives, in the waning days of Democratic control, passed an extension on Thursday of Bush-era tax cuts for the lower and middle classes in a symbolic vote that would let tax cuts for the wealthiest expire.
The top Republican lawmaker on a key U.S. military oversight committee, while leaving open the possibility of eventually dropping his opposition to the repeal of the military's ban on openly gay and lesbian soldiers, said doing so at this time would be premature.
Two more lawmakers pledged on Thursday to support a plan to slash the U.S. budget deficit drawn up by the co-chairmen of a presidential commission, but the plan still faced long odds of moving to Congress.
A presidential commission trying to balance the budget on Wednesday softened a proposed tax overhaul to win broader support for its bold plan to slash the $1.3 trillion federal deficit.
The American people did not vote for political gridlock in Washington, according to President Barack Obama who today met with Congressional leaders from both parties to discuss what they consider the main components of the national agenda.
The Obama administration has been left red-faced by disclosures made by whistle-blower website WikiLeaks pertaining to French president Nicholas Sarkozy that describes him as an “emperor without clothes”, Iran president Mahmoud Ahmadinejad as ‘Hitler’ and Russian prime minister Vladimir Putin as an “Alpha Dog”.
Wikileaks documents reveal that U.S. Secretary of State in July 2009 sent a message to 33 US missions on UN reforms saying, International deliberations regarding UNSC expansion among key groups of countries: self-appointed frontrunners for permanent UNSC membership Brazil, Germany, India, and Japan.
As a dossier of 2251,287 U.S. diplomatic cables obtained by Wikileaks tumbles out, bygone issues will be interpreted in a new light as raw details of closed-door diplomatic haggling reveal.
The year 2010 was not good for Google in China and the hacking was, indeed, part of a sabotage attempt carried out with help from the government quarters, reveal the classified U.S. documents released by Wikileaks on Sunday. China to Germany, US diplomacy generally smacks of quid-pro-quo dealings, as ever.
In a rather amusing fashion, Republican Sarah Palin fired back at her critics for highlighting her latest 'North Korea ally' gaffe. In her thanksgiving message to the nation on facebook, she listed out verbal slips of U.S. President Barack Obama.
