The Administration is still hostile to oil drilling and nuclear power.
Mar 11, 2010
President Obama used his January State of the Union speech to promise “a new generation of safe, clean nuclear power plants” and “new offshore areas for oil and gas development.” Judging by its recent decisions, we’d say his Cabinet hasn’t received the memo.
Congress’s [...]

The Senate bill’s abortion language is not the House Speaker’s only problem.
Mar 11, 2010
By MICHAEL BARONE

Are there enough votes in the House to pass the Senate’s health-care bill? As of today, it’s clear there aren’t. House Democratic leaders have brushed aside White House calls to bring the bill forward by March 18, when President Barack [...]

Mar 11, 2010
By JEFFREY SPARSHOTT And JAMES HERRON
LONDON—British oil giant BP PLC said Thursday it bought into a diverse and broad deepwater exploration portfolio that includes assets off the shores of Brazil, Azerbaijan and the U.S., in a $7 billion deal with U.S. independent oil and gas producer Devon Energy Corp.
The deal gives BP a [...]

 
By Zachary A. Goldfarb
Washington Post Staff Writer
Thursday, March 11, 2010
 

The federal government has spent the past half year seeking to roll back its emergency efforts at propping up the financial markets — with the notable exception of its involvement in mortgage giants Fannie Mae and Freddie Mac.
As the government has pledged more and more money [...]

Mar 10, 2010
By Deneen Borelli and Tom Borelli
FOXNews.com
 
The Tea Party movement’s agenda reaches beyond health care. — Soaring deficits and the dramatic growth of government are also major concerns. 
As House Republicans remain resolute in opposition to Obamacare, Tea Party activists are rallying to confront Obama’s latest health care blitz by targeting wavering Democrats.
Republican Sen. Scott [...]

Congressional Oversight Panel Says Treasury Not Doing Enough to Reign in GMAC
By MATTHEW JAFFE
WASHINGTON, March 11, 2010
A bailout watchdog warned Thursday that the three infusions of federal for troubled lender GMAC could end up costing taxpayers billions of dollars.
In a new report, the Congressional Oversight Panel said it is “deeply concerned” that the Treasury Department [...]

Mar 10. 2010
By MICHAEL TANNER
President Obama’s attempts to ram health- care reform through an increasingly reluctant Congress are starting to resemble a really eventful episode of “The Sopranos.”
Whether or not you believe former Rep. Eric Massa’s bizarre accusations of locker-room confrontations and conspiracies to drive him from office, there is no doubt that the Obama [...]

By ERICA WERNER, Associated Press Writer Erica Werner, Associated Press Writer – 1 hr 10 mins ago

WASHINGTON – A final agreement nearly in hand, President Barack Obama and Democratic leaders are about to embark on one last sales job that will determine the outcome of the president’s signature health care overhaul.
It will come down to a phenomenal effort by [...]

Mar 11, 2010
By MARTIN CRUTSINGER (AP)
WASHINGTON — The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year’s record for the full year.
The Treasury Department said Wednesday that the February deficit totaled $220.9 billion, 14 percent higher than the previous record set [...]

Mar 11, 2010
By Steve Holland
WASHINGTON, March 10 - U.S. President Barack Obama is trying to tamp down an uprising in politically vital Florida against a new strategy for NASA that has rankled space veterans and lawmakers and sparked fears of job losses.
Obama’s decision to kill NASA’s Constellation program to launch astronauts into orbit and return [...]