On Wednesday, October 1, at 2 p.m., the Arizona House and Senate will meet in the House Chamber for a special briefing on the Arizona budget by the Joint Legislative Budget Committee. This briefing will be televised live on the internet and on Cox C
The $700 bailout promises more “oversight”. What happened four years ago when the regulator in charge of Fannie Mae and Freddie Mac exercised oversight? He was savaged by House Democrats. Why would things be any different this time around? [video: 8
Officials said that Congressional staff members would work through the night to finalize the language of the agreement and draft a bill, and that the bill would be brought to the House floor for a vote on Monday.
Congressional leaders and the Bush administration this morning said they had struck an accord to insert the government deeply into the nation's financial markets, agreeing to spend up to $700 billion to relieve Wall Street of troubled assets back
The seeds of the House Republican revolt over the financial industry bailout were sown in an e-mail message circulated Monday night as internal animosity built quickly over the Bush administration’s request for $700 billion to prevent an economic col
Christopher Dodd and Barack Obama want to "fix" the financial crisis. Together, Dodd and Obama received nearly a quarter-million dollars in contributions from Freddie Mac and Fannie Mae. Who else is in the Freddie Fannie Five?
A Justice Department prosecutor told a jury Thursday that Ted Stevens, who has represented Alaska in the Senate for 40 years, engaged in “a scheme to conceal from the public” a variety of gifts and home renovation services he received.
Three bills in Congress would turn Ebay--and a lot of other websites--into snitches for the government. It would require websites to conduct their own investigations into their customers. All three bills are sponsored by Democrats, who want to "
[If you don't pass this, we (the Bush Administration and the GOP) will blame you for the recession report when we finally release it in time for the elections.]
Commissioner Gerald Bailey of the Florida Department of Law Enforcement, who looked into the conduct of the congressman, Representative Mark Foley, said investigators were hampered by Mr. Foley’s refusal and that of Congress to grant them access to C
Key Democratic lawmakers said the government may need to create a federal entity to manage the assets of insolvent institutions, much as the Resolution Trust Corp. liquidated failed thrifts during the savings-and-loan crisis of the 1980s.
The new bill instructs the U.S. Treasury and Federal Reserve to work together with the Attorney General’s office to establish what is acceptable under the provisions of the Unlawful Internet Gambling Enforcement Act (UIGEA). The bill is expected to b
Commenting on the Fannie and Freddie bail-out he said that he liked the plan [I'll bet] Treasury Secretary Hank Paulson had put in place, because "it lowers mortgage rates and helps support housing prices".
Representative Charles B. Rangel has earned more than $75,000 in rental income from a villa he has owned in the Dominican Republic since 1988, but never reported it on his federal or state tax returns, according to a lawyer for the congressman and do
Democracy Now! tries to cover one of the first of over 1,200 parties during the Democratic National Convention–this one thrown by AT&T to support Democrats who voted to grant the company immunity for illegal wiretapping of Americans.
Money-laundering charges against former U.S. Rep. Tom DeLay and two indicted co-conspirators may be dismissed because the 2002 campaign finance case involved checks and not cash, a lawyer for DeLay said.
During the height of Tropical Storm Fay, when many Jacksonville residents were trying to keep rising water out of their homes or dealing with fallen trees and power lines, the city sent a public works crew to put sandbags around Brown's home
Pickens, thanks to favors from state lawmakers whose campaigns he funded, has created a new government whose only voters are two of his employees, can issue tax-free bonds, and use eminent domain to build a pipeline to Dallas.
The decision to go to war rests with the elected representatives of those who will do the fighting and dying. It's one of the defining elements of the republic. That constitutional power of Congress has not always been followed. It's in jeop
More than one thousand documents released under Freedom of Information Act filings reveal details of a secret battle that raged between founders of the American Israel Public Affairs Committee (AIPAC) and top US law enforcement officials.
In a joint statement, Sen. Raymond Lesniak and Assemblyman Joseph Cryan (both D-Union) confirmed they alerted authorities to the possibility Cohen (D-Union) had child pornography on his computers.
CNN correspondent Jim Acosta, as part of a report on this possible move by the Democrats, conducted a search for the supposed jail inside the U.S. Capitol. He also addressed the little-used power of the legislature to arrest and try government offici
The Democratic-controlled Congress and the Bush administration have presided over a surge in new federal spending obligations that may be the most enduring legacy of the 110th Congress. From new entitlements such as a GI bill for military veterans to
"Madam Speaker, I rise in opposition to this resolution, which is yet another meaningless but provocative condemnation of China. It is this kind of jingoism that has led to such a low opinion of the United States abroad. Certainly I do not condo
Speaker Nancy Pelosi (D-Calif.) and the Democrats adjourned the House, turned off the lights and killed the microphones, but Republicans are still on the floor talking gas prices.
The indictment Tuesday of longtime Alaska Republican Sen. Ted Stevens puts Republicans in serious jeopardy of losing his Senate seat to the Democrats this year. The 84-year-old Stevens, the longest serving GOP senator in history, had been narrowly f
California has become the first state to put a trans fat ban in place, building off the mounting evidence that trans fat is bad for your health.
California pGov. Arnold Schwarzenegger decided as he vetoed a bill late Friday that would have required climate change be added to schools' curriculum. The measure was sponsored by state Sen. Joe Simitian, D-Palo Alto
[So they use your money to cover their losses on their money they risked. Suckers!!!!] Homeowners who cannot afford their monthly payments can refinance into taxpayer-backed loans. The bill also offers your money to Fannie Mae and Freddie Mac
[Saturday?! You can't even get them to work on Friday!] The U.S. Senate plans to consider the housing taxpayer bailout designed to shore up the wallets of wealthy investors in the mismanaged government Fannie Mae and Freddie Mac and