bush administration

After countless angry political speeches and the threat of economic collapse, the government's $700 billion bailout of banks, insurance companies and auto companies draws to a close Sunday - and it will likely cost only a fraction of what was expected. It will be years before it is possible to...

Treasury Secretary Timothy Geithner attacked the Bush administration's tax policies as "misguided," saying that renewing the Bush tax cuts for the highest-earning Americans would worsen the budget deficit. Extending the cuts would force the government to borrow further and impede more effective...

Speaking on two TV programs Sunday, Geithner said letting the tax cuts for those making $250,000 a year or more expire would demonstrate the country's commitment to controlling the deficit.

Former Federal Reserve Chairman Alan Greenspan said Congress should let the Bush-era tax cuts expire at the end of this year in order to boost revenue and narrow the federal deficit. "They should follow the law and let them lapse," Greenspan said in an interview with Bloomberg Television....

Income inequality pierced its previous record high in 2008 -- a fitting legacy for President George W. Bush. Fresh census figures reveal that the ratio of the incomes of the top 10 percent of Americans -- over $138,000 a year -- to those at the poverty level -- $12,000 -- was 11.4 times. (The...

Shooting grizzly bears in Yellowstone National Park is no longer allowed. Period. A U.S. District Court ruling has required the U.S Fish and Wildlife Service to put the iconic animal back on the Endangered Species Act protected list. The decision earlier this week is a huge victory for...

I'd never thought of Condoleezza Rice as a diamond kind of girl. A string of pearls is more her thing, I'd assumed. Either I was wrong, or Condi's going to have to make a very quiet trip to a jeweler to exchange the $200,000 diamond ring in a wooden box given to her by Colonel Muammar Abu Minyar...

As the issue of torture devastates the PR of the Republican party, one person has stayed quiet. Condoleezza Rice, the former Secretary of State, has returned to Stanford University, after eight years of public service, and is settling into a life of ease and book writing. Not if those pesky college...