If you believe that your bank deposits are firmly secured by FDIC, thanks to our neglectful Congress, you may be riding on a false sense of security, according to some shocking news in the Boston Globe: The Federal Deposit Insurance Corporation, which insures deposits up to $250,000, tried for years...

"President Obama’s first budget deserves credit for its bold effort to reverse eight years of drift and neglect regarding domestic policy. He correctly recognizes that our future economic gains depend on more effective and innovative investments in health care, public education, and technology. As...

Today, President Obama has his first White House meeting with the members of the Congressional Black Caucus. Mr. Jackson, a D.C.-based political consultant and moderate Republican, sees problems on the horizon: "Obama must convince the CBC that now is not the time to lurch to the left. Of course the...

Tuesday, February 24th, 2009 at 9:01 pm Remarks of President Barack Obama -- Address to Joint Session of Congress Remarks of President Barack Obama – As Prepared for Delivery Address to Joint Session of Congress Tuesday, February 24th, 2009 (en español) Madame Speaker, Mr. Vice President, Members...

Slyram, a black moderate Democratic blogger discusses President Barack Obama's speech tonight before a joint session of Congress: "People refrain from calling President Obama’s speech to Congress the 'State of Union' because he just got into the White House—it seems longer and he is starting to ...

When the first black president holds his first meeting with 42 veteran black lawmakers on Thursday, it will be a historic moment. However, members of the Congressional Black Caucus - comprised entirely of Democrats - also plan to send the liberal Democratic president a message: “Don’t take us fo...

New York Times - By Alice Waters, Katrina Heron - Feb. 20 (Opinion) - THIS new era of government bailouts and widespread concern over wasteful spending offers an opportunity to take a hard look at the National School Lunch Program. Launched in 1946 as a public safety net, it has turned out to be a p...

The Politico - By Charles Mahtesian, Patrick O'Connor - Feb. 12 (News Report) - So much for post-partisanship. Not a single House Republican crossed the aisle to vote for the stimulus package, and just three GOP senators made the leap. Last week, Speaker Nancy Pelosi brushed off calls for a bipartis...

US congressional leaders today agreed to a $789bn (£548.3bn) fiscal stimulus package aimed at creating millions of jobs, staving off further economic misery and initiating a broad programme of green energy development and infrastructure renewal sought by President Barack Obama. In a statement, Obam...

Council on Foreign Relations - By Brad Setser - Feb. 11 (News Analysis) - If the government provided credit to private investors who put up cash to buy toxic asses, the private investors would take the first loss. That discourages overpayment. But with a non-recourse loan the government on the hook ...