Jun 8, 2011 – Presidential candidate Ron Paul has vowed never to vote for an increase in the debt limit during an exclusive interview with Newsmax.TV. The Texas Republican congressman says his fellow politicians cannot be trusted with the money they have at their disposal, so he will not agree to give...

Jun 8, 2011 – Ben Bernanke made headlines and moved markets Tuesday when he said the economic recovery was lagging the Federal Reserve's expectations. He did, however, say he expects things to pick up in the second half of the year. Speaking at a banking conference in Atlanta, Bernanke was also taken to task...

Jun 8, 2011 – NEW YORK (CNNMoney) -- The economy is still struggling. And Americans are in for a long and painful adjustment period.

Jun 8, 2011 – The struggling U.S. economy is in even worse shape than it appears, and the Obama administration has done little to help, according to influential economist Martin Feldstein. In a Wall Street Journal column published Wednesday, Feldstein argues that as bad as some headline economic numbers such as gross domestic product...

Jun 8, 2011 – Today, even Barack Obama is worried about the economy. Obama answered questions about the economy for the first time since a report released Friday showed that job growth had slowed sharply, another indication that the economy was no longer in recovery. "I am concerned about the fact that the recovery...

Jun 8, 2011 – NEW YORK (MarketWatch) -- The Federal Reserve Bank of New York bought $6.41 billion in Treasury debt on Wednesday, part of a program that's the centerpiece of the U.S. central bank's loose monetary policy. Dealers offered to sell the Fed $23.45 billion in 2015-2016 notes. After the buyback, Treasury prices...

Jun 8, 2011 – Bahrain's diplomatic charm offensive has run aground due to the government's brutal crackdown on its own citizens. Crown Prince Salman bin Hamad Al Khalifa, who is seen as one of the leading reformers within the ruling family, was due to meet with U.S. President Barack Obama and Secretary of State...

Jun 8, 2011 – They rode into Washington on an anti-spending wave, but some House Republican freshmen are already enjoying one of the perks of incumbency, spending their office budgets on everything from $1,000-a-month car leases to pricey online advertising contracts. At least 15 GOP freshmen have shelled out tens of thousands of dollars...

Jun 8, 2011 – (CNN) – President Barack Obama's overall approval rating has dropped below 50 percent as a growing number of Americans worry that the U.S. is likely to slip into another Great Depression within the next 12 months, according to a new national poll. A CNN/Opinion Research Corporation poll released Wednesday also...

Jun 8, 2011 – in the June issue of Townhall Magazine, veteran journalist Dale Buss takes a look at the many Republican victories in Wisconsin (and … Get the full analysis only in the June issue of Townhall magazine.The potential of this new movement to transform politics in the Midwest … Ohio believes the case for fiscal sanity will carry the day -- this fall and again in 2012.To read the full piece, subscribe to Townhall…

Jun 8, 2011 – President Barack Obama on Tuesday urged European countries and bondholders to prevent a "disastrous" default by Greece and pledged U.S. support to help tackle the country's debt crisis. Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as...

Jun 8, 2011 – Have no doubt that this plan is very real, with strong Obama administration support. In January 2010 the U.S. joined 152 other countries in endorsing a U.N. Arms Treaty Resolution that will establish a 2012 conference to draft a blueprint for enactment. Secretary of State Hillary Clinton has pledged to...

Jun 8, 2011 – COLUMBUS, Ohio -- A key Ohio Senate committee approved a two-year state budget Tuesday, after adding changes that would prohibit public hospitals from performing abortions, allow charter schools for gifted students, cut legislative pay and make legal tweaks to various privatization plans. The Republican-dominated Senate Finance Committee voted 9-4...

Jun 8, 2011 – A national healthcare-policy expert charged that President Barack Obama’s healthcare reforms have “decimated Medicare,” even as a three-judge panel in Atlanta prepares to hear oral arguments on whether those reforms are constitutional. The 11th Circuit Court of Appeals is expected to provide the most authoritative opinion yet stemming from the...

Jun 8, 2011 – ATLANTA—Federal Reserve Chairman Ben Bernanke defended U.S. efforts to overhaul regulation of financial markets after the financial crisis Tuesday, rejecting suggestions from J.P. Morgan Chase & Co. chief Jamie Dimon and other bankers that regulators have gone too far. Mr. Bernanke, speaking before a group of international bank executives, including...

Jun 8, 2011 – The Los Angeles Unified School District squanders more than $500 million a year on an academic-improvement strategy that has consistently proven to be ineffective, researchers concluded in a report released Tuesday. The nation's second-largest school system spends 25% of its teacher payroll ($519 million a year) to compensate teachers...

Jun 8, 2011 – Are the deficit and national debt America’s biggest economic problem? Or are its 13.9 million people seeking jobs the biggest issue? President Obama has decided to favor Treasury Secretary Tim Geithner who believes the deficit and debt are more important. But if the U.S. decided that jobs mattered more, would...

Jun 8, 2011 – Coulter was on The View to promote her new book, Demonic, which you can get free with a subscription to Townhall Magazine, which has…

Jun 8, 2011 – SINGAPORE (AP) -- Eye scanners and futuristic security tunnels may be standard in airports soon as the airline industry seeks to maintain safety while reducing the hassles of boarding a plane that deter some people from flying. The International Air Transport Association unveiled a mock-up Tuesday in Singapore of what...

Jun 8, 2011 – WASHINGTON — The leaders of the Federal Reserve are talking like people ready to sit down and let others take the lead in addressing the nation’s economic problems. “Monetary policy cannot be a panacea,” the Fed’s chairman, Ben S. Bernanke, told an audience of bankers Tuesday in Atlanta....

Jun 8, 2011 – ATLANTA — The latest round in the ongoing fight over President Barack Obama’s health care overhaul is being heard Wednesday in the federal appeals court in Atlanta. A three-judge panel of the 11th Circuit Court of Appeals is scheduled to hear arguments on whether to reverse a Florida judge’s...

Jun 8, 2011 – Democrats and allied groups including Emily’s List are framing Republican moves to cut federal spending as a war on women, an effort aimed at influencing the 2012 elections. Support from women voters helped propel Republican gains in the 2010 elections. Democrats are hoping to reverse that next year by...

Jun 8, 2011 – Raymond Carnevale, former finance chief in Hackensack, New Jersey, didn’t wait for Governor Chris Christie to end payouts for unused sick time and vacation. He cashed in 402 accrued days for $267,573 and retired last May with an annual pension of $39,868. “To say it’s getting out while the...

Jun 8, 2011 – Soon after the Arab revolts began, thousands of West Bankers and Gazans took to the streets. Unlike their fellow Arabs, however, the Palestinians clamored for new unity efforts rather than new leaders. For their parts, both the Fatah-dominated Palestinian Authority (PA) in the West Bank and Hamas’ de facto government...

Jun 8, 2011 – Reporting from Sacramento -- Republican lawmakers are prepared to let voters decide whether to close California's stubborn budget deficit with higher taxes in exchange for major changes in state spending, public pensions and regulatory policies. But a week before the legal deadline for a spending plan, and with lawmakers' pay...