Economy - Most Recent


House budget resolution has some unknowns

Mar 29, 2007
The House passed its 2008 budget resolution today with boosts in spending for education, health care and national security. Oh, and a $50 billion question mark. Hillary Wicai reports.
Posted In: Washington

A new deal for free trade

Mar 27, 2007
Democrats unveiled an initiative that would force the U.S. to include worker protections in trade deals — a move that could sink some White House free trade aspirations in Latin America. Dan Grech reports.
Posted In: Washington

Rainy day for missile defense

Mar 27, 2007
A House subcommittee meets today to consider the Pentagon's $10 billon request for the next phase of our missile defense system. That includes a sizeable chunk to repair seven missile silos ruined by rain last year.
Posted In: Washington

Price checks go to court

Mar 26, 2007
The Supreme Court is deciding whether consumer prices should be set by manufacturers or retailers. As Amy Scott reports, Wall Street's keeping its eye on the case.
Posted In: Wall Street

Back and forth on immigration

Mar 22, 2007
A bipartisan measure to be unveiled in the House today calls for both increased border security and a path to citizenship for illegal immigrants — but the Senate appears to be stalled on immigration and that could be a big boost for the status quo.
Posted In: Immigration, Washington

What's the alternative to the AMT?

Mar 21, 2007
Lawmakers meet on Capitol Hill on Thursday to search for an alternative to the alternative minimum tax. Getting rid of it won't be easy. The federal treasury depends on it. Bob Moon reports.
Posted In: Taxes, Washington

Different party, same game

Mar 20, 2007
Democrats may have given everyone the impression they would change the pay-to-play practices on Capitol Hill. But commentator Jeff Birnbaum says it's the same story as before — maybe worse.
Posted In: Washington

Bank of Wal-Mart?

Mar 15, 2007
Wal-Mart has a pending application to establish an industrial loan company, but the retail giant insists it's not interested in opening retail bank branches. Now there may be evidence that suggests otherwise. . .
Posted In: Washington

Let's keep candidates off Wall Street

Mar 14, 2007
Commentator Robert Reich says as presidential candidates spend less time at coffee klatches and more time talking to investment bankers, the American people are getting short-changed.
Posted In: Wall Street

More and more emergency spending

Mar 12, 2007
Latest emergency spending bill: The White House wants another $100 billion to pay for the wars in Iraq and Afghanistan, and Democrats have attached additional dollars for domestic items. But somebody's gotta lose. . .
Posted In: Washington