May 8, 2008 |
Only gasoline prices nearing $4 a gallon could accomplish this political feat: bringing together congressional Democrats and Republicans to support a halt to oil deliveries for the nation's Strategic Petroleum Reserve. With fuel costs becoming a crucial election-year issue, members of both parties -- separately -- pitched their ideas Wednesday for bringing down prices.
May 2, 2008 |
With high food prices prompting grocery-store apologies to customers and raising fears of starvation in impoverished countries, Congress suddenly faces renewed pressure to cut subsidies to the wealthiest farmers and incentives for ethanol production. The American farmer, long an untouchable political icon, has even become something of a political embarrassment on Capitol Hill, with President Bush earlier this week demanding an end to crop subsidies for "multimillionaire farmers."
April 27, 2008 |
Twice in the last two years, Congress tried to overhaul the nation's immigration laws and failed, leaving the explosive issue for dead. But during an election year in which no action was expected, the House and Senate now are quietly helping certain groups of immigrants favored by both ends of the political spectrum. Even in polarized Washington, Democrats and Republicans can appreciate immigrants who throw a fast pitch, have a beautiful face or sing a catchy song.
CALIFORNIA | LOCAL
April 17, 2008 |
More than two dozen members of California's congressional delegation have sent a letter urging the secretary of Commerce to uphold the state Coastal Commission's veto of a controversial toll road proposal in southern Orange County. The letter, sent this week from Rep. Susan Davis (D-San Diego) and signed by other members of Congress, also urged Commerce Secretary Carlos M.
April 11, 2008 |
Senators warned Thursday that Congress would not allow the Bush administration to complete pending security agreements with Iraq without lawmakers' approval, because of concerns that the pacts would tie the hands of the next president. The administration is negotiating two agreements with Iraq -- over long-term security strategy and over rules for activities of the U.S. military.
April 6, 2008 |
The weeklong cavalcade that will accompany Army Gen. David H. Petraeus' return to Washington on Tuesday will look much like his pivotal visit last September: formal testimony, talk show appearances, and lots of charts and graphs. But this time, the Iraq commander's presentation to Congress collides head-on with a raging presidential campaign and two Democratic candidates demanding almost the opposite of his advice. The change could prove jarring.
March 13, 2008 |
Moody's Investors Service plans to rate municipal debt on the same scale used to grade corporate bonds if such treatment is requested by a government issuer, a Moody's executive told a House committee Wednesday. State treasurers and municipal bond issuers have argued that billions of dollars in interest and insurance costs could be saved by city and state governments if bond rating firms used a unified rating system for municipal and corporate debt. According to Municipal Market Advisors, corporate bonds with AAA ratings, the highest available, have defaulted at 10 times the rate of municipal bonds rated A, a much lower grade.
CALIFORNIA | LOCAL
March 13, 2008 |
Congress is considering permanent protection for 26 million acres of beautiful and historic landscapes in the American West, but has quietly excluded millions of acres of California desert.
January 27, 2008 |
To a crescendo of clicking cameras, House Speaker Nancy Pelosi stepped before a row of shimmering U.S. flags last March to make an announcement Americans had been waiting four months to hear. November's elections had swept Democrats into power on a wave of frustration with the Iraq war. Now, flanked by three committee chairmen in her ceremonial Capitol office, the San Francisco congresswoman prepared to unveil the party's plan to bring the troops home.
January 21, 2008 |
Congress and the White House could deliver by March 1 an economic rescue package meant to stave off a full-blown recession, a senior Democratic lawmaker said Sunday. Sen. Charles E. Schumer (D-N.Y.), chairman of the Joint Economic Committee, said Democrats and the administration agreed the stimulus package should include tax relief for middle-income families. He also indicated that the final plan could include business tax cuts and spending incentives for the unemployed.