President Barack Obama’s fellow Democrats in the U.S. House of Representatives on Wednesday proposed slimming down his fiscal 2010 budget to $3.45 trillion from $3.55 trillion amid bipartisan concerns about it exploding the deficit.
The House Budget Committee Democrats’ proposal includes instructions aimed at overhauling healthcare and making changes to education which would give them privileged [...]
Barack Obama’s Democratic allies on Capitol Hill are trying to use the president-elect’s economic recovery bill to extend a tax cut for middle-to upper-income taxpayers despite concerns from his transition team that it won’t boost the economy.
Rep. Charles Rangel, D-N.Y., Congress’ top tax writer, says both House and Senate members feel strongly about using Obama’s [...]
Reversing course, Senate Democrats grudgingly accepted embattled Illinois Gov. Rod Blagojevich’s hand-selected Senate appointee, Roland Burris, as they sought to break an impasse over President-elect Barack Obama’s former seat.
The new Illinois senator is expected to be sworn into office later this week.
Senate Majority Leader Harry Reid of Nevada and Sen. Dick Durbin of Illinois made [...]
