by Alex Campbell | Feb 15, 2011 | Business, Politics
WASHINGTON — President Barack Obama on Tuesday defended his proposed budget as “step number one” of a long deficit-fixing process which he said would require a bipartisan commitment to entitlement reform. “We’re not going to be running up the credit card...
by Elisa Santana | Feb 15, 2011 | Business, Politics
WASHINGTON — Treasury Secretary Timothy Geithner faced heat from House Republicans Tuesday as he sought to defend President Barack Obama’s 2012 budget proposal. A day after the White House unveiled a budget plan for Congress to consider, Geithner faced the...
by Elisa Santana | Feb 9, 2011 | Business, Politics
WASHINGTON — Testifying to Congress for the first time since Republicans took control of the House, Federal Reserve Chairman Ben Bernanke said Wednesday he’s confident with the Fed’s fiscal and monetary policies. But he was pressed hard in a series of tough...
by Lauren Schwartzberg | Feb 8, 2011 | Business, Environment, Politics
WASHINGTON— Influential environmental leaders and the head of the Environmental Protection Agency touted the benefits of “green jobs” on Tuesday. “Environmental protection and economic growth can and do go hand in hand,” EPA Administrator Lisa Jackson said...
by Nina Lincoff | Jan 26, 2011 | Business, Environment, Health & Science, Politics
WASHINGTON—Secretary of Energy Steven Chu on Wednesday began to put detail on President Barack Obama’s plan to use clean energy as an engine of job growth. “If there’s a cheap source of clean energy,” Chu said, “the world will gobble it up.” Echoing themes from the...
by Peter Larson | Jan 19, 2011 | Business, Politics
WASHINGTON — Comments and questions broke out on Twitter Wednesday when Chinese President Hu Jintao failed to answer a question from the Associated Press’s Ben Feller about his government’s controversial human rights record. Bloomberg’s Hans Nichols followed up on his...
by Peter Larson | Jan 18, 2011 | Business, National Security, Politics
WASHINGTON — Chinese President Hu Jintao comes to town this week with all the sentiment of cooperation, even as U.S. officials prepare to confront the leader on issues around defense, currency and human rights. Hu arrived Tuesday at Andrews Air Force Base in...
by Nina Lincoff | Jan 18, 2011 | Business, National Security, Politics
WASHINGTON — Chinese President Hu Jintao arrived Tuesday for a state visit amid protests and concerns over China’s human rights policies. The White House said Tuesday that President Barack Obama will address human rights with Hu during meetings on Tuesday and...
by Elisa Santana | Jan 12, 2011 | Business, Politics
WASHINGTON — Treasury Secretary Timothy F. Geithner previewed the administration’s position on U.S./China economic relations leading into Chinese President Hu Jintao’s visit to Washington next week. Geithner, speaking on Wednesday at his alma mater, Johns...
by Elisa Santana | Jan 11, 2011 | Business
Jobs are the top priority for the U.S. Chamber of Commerce this year. “In 2011, the chamber’s top priority will be to turn an economic recovery into a jobs recovery so that we can put Americans back to work,” said Thomas J. Donohue, the president and CEO of the U.S....
by Alex Campbell | Jan 5, 2011 | Business, Politics
In setting the rules, the Republicans’ first act as the majority in the House was to set the tone. By a vote of 240-191, the House Wednesday passed a package of rules incoming Speaker John Boehner, R-Ohio, said will “change how this institution operates.” “Legislation...
