
House GOP picks woman for a top leadership post
Stinging from double-digit election losses among female voters, House Republicans elected a woman to their top leadership team Wednesday in a tense ...

Obama presses GOP on taxing rich to avert 'cliff'
President Barack Obama challenged congressional Republicans Wednesday to let taxes rise on the wealthiest Americans on both economic and political ...
Boehner: No tax rate boost to avert fiscal cliff
House Speaker John Boehner says Republicans want to cooperate with President Barack Obama on reducing federal deficits, but not by raising income tax ...

Stocks slide as impasse over budget deficit looms
Investors drew little hope Wednesday for a quick compromise in U.S. budget talks after President Barack Obama insisted that higher taxes on wealthy ...

THE RESET: Pelosi decision may affect budget talks
House Democratic leader Nancy Pelosi's decision to serve another term in that post will probably have a big influence on efforts by President Barack ...

Pelosi decides to run again for House leader post
Former House speaker Nancy Pelosi said Wednesday she will run to keep her job as the Democratic leader in the House after a pair of elections that ...

In Congress, trying to make lemonade from losses
House and Senate minority leaders Nancy Pelosi and Mitch McConnell surrounded themselves with the triumphant faces of newly elected lawmakers Tuesday.

Labor heads say Obama backs them on 'fiscal cliff'
Labor leaders said Tuesday that President Barack Obama remains committed to preserving tax cuts for middle class families and ensuring the wealthy pay ...

Most in US won't be able to escape 'fiscal cliff'
Everyone who pays income tax — and some who don't —will feel it. So will doctors who accept Medicare, people who get unemployment aid, defense ...

Bears, budgets, farmers top Congress to-do list
Bears and budgets top the list as Congress returned Tuesday from a seven-week election break to a long list of unfinished business. Looming large in ...

Senate GOP leader: Obama should offer deficit plan
Senate Republican Leader Mitch McConnell says it's up to President Barack Obama to present a deficit reduction plan rather than a campaign slogan to ...

Petraeus said to be shocked by girlfriend's emails
CIA Director David Petraeus was shocked to learn last summer that his mistress was suspected of sending threatening emails warning another woman to ...
House leader heard of Petraeus affair Oct. 27
An aide to House Majority Leader Eric Cantor says the Virginia congressman first heard about CIA Director David Petraeus' extramarital affair on ...

US stocks nearly unchanged as fiscal threat looms
U.S. stocks closed nearly unchanged Monday, after a day of uneven trading plagued by investors' fears about the approaching "fiscal cliff." The Dow ...

Deficit talks will test the GOP focus on tax rates
Republican leaders say the government can raise tax "revenues" without raising tax "rates." But they have yet to detail how they would pursue it.

Congress faces agenda of unfinished business
Congress returns Tuesday to a crowded agenda of unfinished business overshadowed by the urgent need for President Barack Obama and lawmakers to avert ...

Face of US changing; elections to look different
It's not just the economy, stupid. It's the demographics — the changing face of America. The 2012 elections drove home trends that have been embedded ...
Asian stocks fall on US economy fears
Uncertainty over whether Washington will be able to work out a spending and taxation deal that is crucial to keeping the U.S. economic recovery on ...
Senators propose comprehensive immigration changes
Two senators on opposite sides of the aisle are proposing comprehensive changes to the immigration laws that would include a pathway to citizenship ...

Obama says wealthy should pay more in taxes
President Barack Obama says he won't accept a plan to avert the so-called fiscal cliff that doesn't ask the wealthy to pay more in taxes.

Obama: Some compromise _ but limits on tax cuts
President Barack Obama and House Speaker John Boehner are signaling they're open to some compromise on a taxes and spending to prevent more financial ...

Obama: Compromise_ but not on tax cuts for rich
An economic calamity looming, President Barack Obama on Friday signaled willingness to compromise with Republicans, declaring he was not "wedded to ...

Fearing 'cliff,' investors finish brutal week
Wall Street is peering over the "fiscal cliff" and feeling vertigo. The stock market finished one of the worst weeks of the year Friday, pushing ...

Boehner says Obama should take lead on immigration
House Speaker John Boehner on Friday said it was time to address immigration policy and urged President Barack Obama to take the lead in coming up ...

Boehner says debt limit should be part of talks
House Speaker John Boehner insisted on Friday that any deal with President Barack Obama to avert the so-called fiscal cliff must include lower tax ...