A proposal to extend Bush-era income tax cuts set to expire at the end of the year easily cleared a critical Senate vote Monday, shifting the focus to skeptical House Democrats and setting up a showdown on the measure later this week.
Richard C. Holbrooke, the hard-charging diplomat who brokered peace in the Balkans and then took on an even tougher task as the Obama administration's special envoy for Afghanistan and Pakistan, died Monday night at age 69.
In his latest effort to downplay the impact of the WikiLeaks revelations of sensitive U.S. diplomatic cables, President Barack Obama stressed on Monday that building partnerships of "mutual interest and mutual respect" remains a fundamental cornerstone of U.S. foreign policy.
The first judicial ruling against a key part of President Obama's landmark health care law has boosted efforts by opponents who want it repealed, stripped of funding or struck down by the Supreme Court, a battle that could take years.
U.S. President Barack Obama on
Saturday called respectively Mexican President Felipe Calderon and
Turkish Prime Minister Recep Tayyip Erdogan to underscore bilateral
relations following the embarrassing revelations by the whistle-
blower website WikiLeaks.
The European Union summit is to propose changes to the bloc's rules which would allow for the creation of a permanent eurozone bailout system, but only on tough conditions and without triggering referenda in EU states, draft documents showed Monday.
The US government intends to sell at least $15 billion of its shares in bailed-out AIG in the New Year.