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The nation needs to begin planning now to eventually bring taxes and spending in line, Federal Reserve Chairman Ben S. Bernanke said yesterday, arguing that large budget deficits, if sustained, could

Sen. Edward M. Kennedy (D-Mass.) has laid down the first marker in this year's debate over how to revamp the nation's health-care system, writing a bill that would put strict new requirements on

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House Speaker Nancy Pelosi (D-Calif.) said yesterday she sees no progress in China on human rights, regretting that neither economic reforms nor U.S. pressure are making Beijing budge.

President Obama's contingency plan to help finance production of a swine flu vaccine with funds set aside to develop defenses against biological attacks would weaken the nation's preparedness for

Sonia Sotomayor huddled with administration lawyers at the White House yesterday, preparing for her first visits with key senators since becoming President Obama's choice for the Supreme Court as

When President Obama convened a town-hall meeting in Rio Rancho, N.M., last month, he wanted to talk about credit card reform. But many in the crowd had a different agenda.

President Obama, in a pivot from some of his harshest campaign rhetoric, told Democratic senators yesterday that he is willing to consider taxing employer-sponsored health benefits to help pay for a

On the morning of Feb. 4, the chairman of the Securities and Exchange Commission, Mary Schapiro, sat in a confidential meeting reviewing financial crime cases when an assistant handed her a note.

Republican senators voiced skepticism yesterday about President Obama's choice for the Supreme Court, Judge Sonia Sotomayor, but avoided the name-calling that has come from some conservative activists

On the day before Thanksgiving in 1991, the U.S. Senate voted to vastly expand the emergency powers of the Federal Reserve.

Max Baucus, chairman of the Senate Finance Committee, may be President Obama's most critical ally on health-care reform. But which version of the independent-minded Montanan will preside as the debate

President Obama chose the most controversial of his potential nominees to the Supreme Court, and he presented Judge Sonia Sotomayor yesterday as the embodiment of the qualities he seeks in a judge: a

Max Baucus, chairman of the Senate Finance Committee, may be President Obama's most critical ally on health-care reform. But which version of the independent-minded Montanan will preside as the debate

On the day after Judge Sonia Sotomayor's nomination to the Supreme Court, both sides in the fight over her confirmation moved quickly to try to define the woman who may become the court's first

Senate Republicans have yet to decide how tough they will be in grilling Judge Sonia Sotomayor in her confirmation hearings, but this is clear: The Supreme Court nominee already has shown an ability

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Although Rasputina have put out a couple of albums on Sony and Instinct, they would fit right in on the 4AD roster next to groups like His Name Is Alive and Dead Can Dance. Not that they're derivative

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Loads more new music this week from Gui Boratto, The Juan Maclean, Deadmau5, Junior Boys, Steve Porter, and Raph Dumas. Phew. If that wasn't enough, favorites from Orbital, Apparat, and Sia are in for

Hark! Three incredible groups are coming to one epic local LA venue, this Tuesday evening (5/13), starting at 9pm sharp. Friend and classy wordsmith of “The Black Watch”, John, told me that his band

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