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Political News

  • Mumbai attacks seen as model for future terrorism (AP) Thu, 01/08/2009 - 5:57pm
    AP - The deadly attacks in India may have provided a low-frills but bloody blueprint for other violent groups to follow, U.S. anti-terrorism officials told Congress on Thursday.
  • FDA scientists complain to Obama of 'corruption' (AP) Thu, 01/08/2009 - 5:56pm
    AP - In an unusually blunt letter, a group of federal scientists is complaining to the Obama transition team of widespread managerial misconduct in a division of the Food and Drug Administration.
  • Obama: Congress must act boldly and now on economy (AP) Thu, 01/08/2009 - 5:48pm

    President-elect Barack Obama speaks about the economy at George Mason University in Fairfax, Va., Thursday, Jan. 8, 2009. (AP Photo/Charles Dharapak)AP - President-elect Barack Obama implored Congress to "act boldly and act now" on Thursday to fix an economy growing perilously weaker, and leading lawmakers set an informal goal of mid-February for enacting tax cuts and government spending that could cost as much as $1 trillion.


  • Citi backs Senate mortgage bankruptcy reform: senators (Reuters) Thu, 01/08/2009 - 5:32pm

    People taking the Long Island Foreclosure Tour arrive at a foreclosed home for sale in New Hyde Park, New York in this May 17, 2008 file photo. Citigroup could soon agree to principles that would let troubled borrowers save their homes through bankruptcy, sources familiar with the talks said on Thursday, while industry groups are easing their opposition to the plan. (Shannon Stapleton/Reuters)Reuters - Financial giant Citigroup Inc has agreed to support a controversial rewrite of U.S. bankruptcy law aimed at helping troubled mortgage borrowers avoid foreclosure, lawmakers said on Thursday.


  • Democrats criticize Obama's proposed tax cuts (AP) Thu, 01/08/2009 - 5:21pm

    President-elect Barack Obama speaks about the economy, Thursday, Jan. 8, 2009, at George Mason University in Fairfax, Va. (AP Photo/Charles Dharapak)AP - President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs. Senators from both parties agreed that Congress should do something to stimulate the economy. But Democratic senators emerging from a private meeting of the Senate Finance Committee criticized business and individual tax cuts in Obama's stimulus plan.


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