At least for the next year or so, nearly every household with an income below $500,000 is likely to get at least a tiny tax cut. ...more

February 15, 2009

WASHINGTON (AP) - The worst monthly drop on record for retail sales set off new alarm bells about the U.S. economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. ...more

November 16, 2008

The worst monthly drop on record for retail sales set off new alarm bells about the economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. ...more

November 15, 2008

Harvard University is considering spending cuts because the economic slowdown may reduce federal grants and the school's substantial endowment, President Drew Faust said Monday. ...more

November 10, 2008

Sen. Barack Obama called Monday for using oil from the nation's strategic reserves to lower gas prices, the second time in less than a week he has modified a position on energy issues as he and Sen. John McCain seek to find solutions to a topic that is increasingly dominating the presidential race. ...more

August 5, 2008

If there is one term I am sick to death of already this political season, it is "flip-flop." In the era of "gotcha" politics, changing your mind has become synonymous with incompetence and is the worst "sin" a candidate could commit. Just like a second-grader insisting a classmate has "cooties," one side is always accusing the other of "flip-flopping on the issues." ...more

July 19, 2008

The percentage of recruits entering the Army with a high school diploma dropped to a new low in 2007, according to a study released Tuesday, and Army officials confirmed that they have lowered their standards to meet recruiting goals in the middle of two ongoing wars. ...more

January 23, 2008

It is time to move forward with renewing the State Children's Health Insurance Program (SCHIP) to serve the neediest among us. ...more

November 13, 2007

Is President Bush a liar who hates children? That's what many of his critics now are asking in the opinion pages of major newspapers across the country. Why else, they say, would he refuse to sign a bill providing health insurance to poor kids? ...more

October 15, 2007