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Last updated: 11:58:08 Monday Jul 7, 2008


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  • McCain promises to balance budget
    Sen. John McCain (R-Ariz.) plans to promise on Monday that he will balance the federal budget by the end of his first term by curbing wasteful spending and overhauling entitlement programs, including Social Security, his advisers told Politico.   Nations:Afghanistan U.S.   People:Barack Obama John McCain   Activities:US Election 2008   2008-07-07

    The Next Victim of the Real Estate Crisis
    State and local governments were flush with tax revenue during the five-year housing boom. They pulled from bulging pools of property, income, and sales tax to expand education, law enforcement, health care, and infrastructure programs without needing to burden residents and corporations with tax hikes.   Nations:U.S.   People:Arnold Schwarzenegger   Activities:2007 Global Credit Crunch   2008-06-30

    House to vote on war funds, unemployment benefits
    WASHINGTON - The Democratic-led Congress finally appears ready to give President Bush his request for $162 billion in long-overdue funds for military operations in Iraq and Afghanistan.   People:John Boehner Harry Reid   Activities:110th Congress   Source:(AP)   2008-06-19

    House leaders reach deal on war funding bill
    WASHINGTON (Reuters) - House of Representatives lawmakers have struck a deal on an emergency supplemental spending bill that will fund U.S. troops in Iraq and Afghanistan, Republican leader John Boehner said on Wednesday.   People:John Boehner George W. Bush   Activities:110th Congress   Source:(Reuters)   2008-06-18

    House budget chairman promotes Democratic plan
    The chairman of the House Budget Committee said Saturday that a 2009 spending blueprint passed by the Democratic-controlled Congress will restore funding for health care, energy and education while leading to a balanced budget by 2012.   Activities:110th Congress   Source:(AP)   2008-06-07

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    [Second Gulf War]: Iraq insists on withdrawal timetable (09:33 7/8)

    [2007 Global Credit Crunch]: Bernanke says Fed may extend Wall Street lending (09:33 7/8)


    [2007-8 Oil Crisis]: Oil slumps on easing storm worry and dollar (17:49 7/8)

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