President-elect Barack Obama said Saturday his inauguration will be more than simply a transfer of power; it should be a celebration of the American spirit.
Illinois Gov. Rod Blagojevich was arrested Tuesday on federal charges that he brazenly conspired to sell or trade the Senate seat left vacant by President-elect Barack Obama to the highest bidder.
The government's $700 billion plan to rescue the creaking financial system has prompted readers to ask, why can't we just arrest the CEOs responsible for this mess?
The House passed a $700 billion bailout of the financial services industry Friday, reversing itself after members came around to a larger Senate version.
Live vote: Do you support the Senate bailout package?
The Senate passed its version of a mammoth rescue plan, saying changes to protect investors and small businesses could persuade reluctant House members to go along.
World financial markets reeled and stunned lawmakers groped for their next move Monday after the House failed to approve a $700 billion bailout of the financial services industry.
President George W. Bush said Friday morning that the $700 billion rescue plan for the U.S. financial markets is needed and must be passed quickly.
The government is financing its more than trillion-dollar-a-year borrowing with i.o.u.'s on terms that seem too good to be true - a happy situation that may not last much longer.
No sooner had Arkansas Sen. Blanche Lincoln promised to deliver one crucial vote in support of a health care overhaul than she threatened to withhold the next one.
Growing discontent over the economy, recovery efforts turn into a wave of criticism and outright anger directed at the administration.
Sen. Olympia Snowe, the only Republican to support the Finance Committee's health care bill, said Wednesday she could foresee a government-run plan that would "kick in" if private insurers failed to live up to expectations.
A study of the July 13, 2008, attack of a remote U.S. outpost in Afghanistan found that weapons failed repeatedly at a "critical moment" during the firefight that left nine U.S. soldiers dead.
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