Congressional Democrats on Monday sent the White House a draft of a roughly $15 billion auto bailout they aim to bring to a vote this week, but White House officials gave a cool initial response. ...more

December 8, 2008

Facing massive job losses, the White House and congressional Democrats are negotiating a deal to provide about $15 billion in loans to prevent Detroit's weakened auto industry from collapsing. ...more

December 6, 2008

Jolted by the loss of thousands of jobs, congressional Democrats and the White House reached for agreement Friday on about $15 billion in bailout loans for the beleaguered auto industry. President George W. Bush warned that at least one of the Big Three carmakers might not survive the current economic crisis. ...more

December 5, 2008

Facing severe cutbacks in state services as the recession deepens, the nation's governors pressed their case on Capitol Hill on Monday, asking for at least $40 billion to help pay for health care for the poor and disabled. ...more

December 2, 2008

Nineteen months after Senate Majority Leader Harry Reid declared the war in Iraq "lost" and just nine months after Speaker Nancy Pelosi asserted the war has been a "failure" because it had not brought political change leading to reconciliation, it can now be said conclusively that both were wrong. ...more

November 27, 2008

The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry. ...more

November 21, 2008

Rep. Henry Waxman - a liberal ally of Speaker Nancy Pelosi - has wrested the chairmanship of the powerful House Energy and Commerce Committee from veteran Rep. John Dingell when the new Congress convenes in January. ...more

November 20, 2008

House Speaker Nancy Pelosi said Saturday the House would provide aid to the ailing U.S. auto industry, requiring that the industry meet new fuel-efficiency standards, produce advanced vehicles and restructure "to ensure their long-term economic viability." ...more

November 16, 2008

WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...more

November 11, 2008

Democratic leaders in Congress asked the Bush administration Saturday to provide more aid to the struggling auto industry, which is bleeding cash and jobs. ...more

November 9, 2008