Treasury Secretary Timothy Geithner on Sunday disputed claims that allowing a portion of the Bush tax cuts to expire will choke economic growth, saying the government needs to do the "responsible" thing and show the world it is capable of tackling the deficit.
President Barack Obama derided an economic plan from the top House Republican as repeating job-killing policies of the past that help drive the country into recession.
House Majority Leader Steny Hoyer , D- Md. , plans to detail Friday what's expected to be his party's rallying cry in this year's congressional elections: Republicans can't be trusted, and remember the economic horrors of the Bush administration.
The economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.
Federal checks could begin flowing again as early as next week to millions of jobless people who lost up to seven weeks of unemployment benefits in a congressional standoff.
India has a legitimate role to play in stabilizing Afghanistan but peace can not be brought to the region without help from its nuclear-armed rival Pakistan, U.S. envoy Richard Holbrooke said on Thursday.
President Barack Obama signed into law Wednesday an overhaul of banking and Wall Street regulations that he says will end many of the practices that sent the U.S. economy into the worst recession since the 1930s.
President Barack Obama's administration heads to court on Thursday in a showdown over whether Arizona's crackdown on illegal immigrants encroaches on federal authority over immigration policy and enforcement.
A House vote Thursday is expected to send President Barack Obama a long-sought measure to resume unemployment payments to millions of people whose benefits have lapsed.
The United States announced Thursday it will resume cooperation with Indonesia's special forces after ties were severed more than a decade ago over human rights abuses allegedly committed by the commando unit.
North Korea on Thursday denounced planned U.S.-South Korean military drills as a grave danger to the region and criticized new U.S. sanctions as "hostile," urging Washington to focus instead on restarting nuclear weapons talks.
Nepal's failure to elect a prime minister Wednesday exposed deep divides in the political landscape and made clear that the road ahead for the country’s peace process could still be bumpy.
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