Politics

Obama Expands Program for 'Underwater' Borrowers

The Obama administration on Wednesday expanded efforts to help Americans struggling with distressed mortgages refinance at lower interest rates, even if they owe up to 25 percent more than their homes are now worth.


Schwarzenegger Declares Fiscal Emergency in California

California governor Arnold Schwarzenegger on Wednesday declared a fiscal emergency as lawmakers failed to pass a budget to close the state's $24.3 billion budget gap.


Obama Proposes Agency to Protect Consumers

The Obama administration Tuesday proposed legislation for a financial oversight agency designed to protect consumers and investors from unscrupulous deals -- a plan praised by Democrats, but met with skepticism on Wall Street.


Board Trims Per-Diem Pay, Cars, Benefits for California Legislators

As legislators battled over the state budget Tuesday, an independent commission voted to slash lawmakers' per-diem payments, car allowances and medical and other fringe benefits by 18 percent.


Group of Republicans Call for Governor's Resignation

Six of 27 members of South Carolina's conservative Senate Republican Caucus Tuesday night issued a letter calling on Gov. Mark Sanford to resign.


Franken Mindful of 312-vote Margin

For Al Franken, it has been a long road from radio provocateur who nearly incited fisticuffs at the 2004 Republican convention to standing on the brink of assuming his place in Washington as a U.S. senator.


New Haven Fire Dept. Had History of Discrimination Against Blacks

When it comes to promoting minorities, the New Haven Fire Department at the center of this week's Supreme Court ruling has a blemished history.


Justices to Reconsider 'Hillary' Movie Campaign Finance Case

The Supreme Court, which has chipped away at limits on political spending in recent years, opened the door Monday to a broad challenge of the nation's campaign-finance laws. The court failed to reach a decision on whether a critical documentary about Hillary Rodham Clinton violated those laws. Instead, the justices ordered new arguments and said they would consider overturning two rulings barring corporations from underwriting election ads.


Obama Unveils New Standards for Lighting

New energy efficiency rules aimed at saving billions of dollars were announced Monday jointly by U.S. President Barack Obama and Energy Secretary Steven Chu.


Sotomayor Supporter: Supreme Court's Firefighter Ruling Could Put Chill on Workplace Diversity

As pundits debate the political ramifications of this week's ruling by the U.S. Supreme Court in favor of a group of white firefighters who say they were discriminated against, some organizations say the decision could have a chilling effect on workplace diversity issues.


Sotomayor Supporters Braced for Republican Attacks Over Firefighters Case

Even before the U.S. Supreme Court issued its ruling today overturning the decision on Ricci v. DeStefano -- a case with workplace-diversity implications by a panel that included Supreme Court nominee Sonia Sotomayor -- left-leaning Sotomayor supporters were preparing for the blowback.


Small Businesses Wary of Health Care Legislation

Like many small-business owners, Pedro Alfonso struggles to maintain the health insurance he provides to his 85 employees. But rising costs and a weak economy have left workers at Alfonso's company, Dynamic Concepts, with higher out-of-pocket health costs. Small companies paying lower wages are exactly what the non-partisan Congressional Budget Office (CBO) had in mind this month when it estimated as many as 15 million people could lose the benefits they currently receive through their jobs under a Democratic proposal to overhaul health care.


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