WASHINGTON (Reuters) – The economy grew at its fastest pace in more than six years in the fourth quarter, surprising economists, as businesses curbed their aggressive cut in stocks and stepped up spending.
President Barack Obama calls on Americans to “answer history’s call” amid the historic economic crisis, proposing a freeze on big chunks of popular spending programs.
The nation cannot afford the spending Democrats have enacted or the tax increases they propose, Virginia Gov.
Declaring “I don’t quit,”‘ an embattled President Barack Obama vowed in his first State of the Union address Wednesday night to make job growth his topmost priority and urged a divided Congress to boost the still-ailing economy with fresh stimulus s…
NEW YORK (Reuters) – The New York City Public Advocate, a watchdog who helps oversee the $30 billion New York City Employee Retirement System, on Wednesday said he would lobby big investors to demand full disclosure of corporate spending on political c…
WASHINGTON (Reuters) – President Barack Obama, under pressure from deficit hawks, will seek a three-year freeze on domestic spending in his 2011 budget that would save $250 billion by 2020, administration officials said on Monday.
“We are going to see now an inundation of special-interest money into political campaigns,I think that diminishes the influence of average citizens.” On “Face the Nation,” Jan. 24, 2010. Senator John McCain, who helped rewrite the nat…
President Barack Obama sharply criticizes a Supreme Court decision easing limits on campaign spending by corporations and labor unions.
President Barack Obama on Saturday sharply criticized a Supreme Court decision easing limits on campaign spending by corporations and labor unions, saying he couldn’t “think of anything more devastating to the public interest.” He also suggested the…
An international human rights organization has criticized a U.S. Supreme Court ruling about election spending in America.