Nancy Pelosi

Debt Crisis Looms as Congress Digs in Its Heels

Legislators show no signs they're heading toward compromise in resolving the nation's next financial crisis, with Democrats talking about further taxes hikes on the rich, and Republicans saying a crippling default on U.S. debt is possible unless they get significant cuts in government spending.

Fiscal Cliff Talks Appear to Be Stalled

Despite an intensifying pace, little progress is being reported in talks on averting automatic spending cuts and tax increases that economists fear could send the U.S. economy off a "fiscal cliff."

Elected Insiders: Why the STOCK Act Matters to You

Four times in five years, lawmakers have introduced the Stop Trading On Congressional Knowledge Act to bar senators and representatives from investing based on knowledge they gained in the course of their duties. Three times, the STOCK Act has died in committee. Will the fourth time be the charm?

Obama to Work With Congress on Tax-Cut Agreement

President Barack Obama, who has disagreed with Republican Congress members on whether to extend George W. Bush-era tax cuts for wealthier Americans beyond this year, said Tuesday that he will work with U.S. senators on finding some sort of tax-policy agreement by the end of the year.

Obama Signs $26 Billion Public Sector Jobs Bill Into Law

By an almost entirely party-line vote of 247 to 161, the House on Tuesday passed a $26 billion bill that Democrats say will save the jobs of over 300,000 school teachers, municipal workers and first responders such as police officers and firefighters.

One Year Later: White collar reset

Amid all the Financial Crisis anniversary coverage, many of us will be trying to recall what we were doing this time last year on the week the world...