Republican members of Congress on Wednesday sent a letter to Federal Reserve Chairman Ben Bernanke criticizing QE2, the qualitative-easing program to buy $600 billion in bonds in an effort to spur the U.S. economy.
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Despite a market meltdown, the men and women of Congress posted a 16% gain collectively between 2008 to 2009, according to a study by the Center for Responsive Politics. Another finding: virtually half of Congressional members …
The U.S. government started the new fiscal year on the right foot, posting $140.4 billion deficit in October, the first month of the new fiscal year. That was substantially lower than the $148 billion deficit that had been fore…
With the two houses divided, the parties will have to compromise. But will they? The challenge will become acute if the Fed’s latest stimulus gambit falls short, leaving the economy gasping. The GOP’s aversion to spending could…
Americans are evenly split on which political party should control Congress, while about a third of likely voters are apathetic, according to a Pew Research Center poll released Monday.
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