WASHINGTON - Social Security benefits for 50 million people will be go up 5.8 percent next year, which will give the average retiree an additional $63 per month. ...more

October 16, 2008

The $500 billion that the U.S. government estimates it will cost to buy the risky investments of financial institutions in coming months approaches what it costs to run the Pentagon for a year. ...more

September 20, 2008

Fannie Mae and Freddie Mac agreed on Saturday afternoon to the Bush administration's plan to rescue them, people briefed on the plan said. ...more

September 7, 2008

The United States has spent $6 billion to $10 billion for private security guards and related services in Iraq since the 2003 invasion, according to a congressional report released Tuesday. ...more

August 13, 2008

A federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion, Congress' top budget analyst said. ...more

July 23, 2008

A federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion, Congress' top budget analyst said Tuesday. ...more

July 22, 2008

It's time to put an end to the charade that no one ever believed. ...more

July 19, 2008

When Congress started fashioning a sweeping rescue package for struggling homeowners this year, 2.6 million loans were in trouble. But the problem has grown considerably in just six months and is continuing to worsen. ...more

June 29, 2008

Health care has become the beating heart of America's economy. In the past 15 years, the health care economy has pumped out 4.5 million new jobs, including related fields such as drug development and health insurance. A dozen of the 30 fastest growing occupations are related to health care. Even last month - as the unemployment rate took its biggest jump in 22 years - health care continued to add thousands of jobs. ...more

June 14, 2008

In trying to assemble a bipartisan package to jolt the slumping economy, the White House and Congress have turned to familiar tools that experts say have worked in the past. But there is also a lively debate among economists about which measures will best accomplish the goal. ...more

January 19, 2008