Posts Tagged ‘john boehner’

Spain loses, Canada wins in Moody’s credit review

Vittorio Hernandez – AHN News Madrid, Spain (AHN) – Moody’s Investors Service placed Spain on a credit ranking review Thursday for a possible downgrade. The ratings agency said it needs to go over Madrid’s Aa rating because of challenges to the Spanish government to consolidate the country’s fiscal balance. On the same day, Moody’s renewed [...]

What they said: Obama and Boehner on debt deal

United States (KaiserHealth) – President Barack Obama and House Speaker John Boehner on Monday night offered competing views on the state of debt talks and proposals. While neither touched heavily on overhauling entitlement spending, especially Medicare, the president mentioned it several times. Medicare has been one of the most contentious roadblocks to striking a deal [...]

Slighly higher unemployment rate despite more jobs in April

Kris Alingod – AHN News Contributor Washington, D.C., United States (AHN) – The unemployment rate grew 9 percent in April despite the economy adding more jobs than was expected. The Labor Department said on Friday nonfarm payroll increased 244,000 during the period, boosted by gains in the service, manufacturing and mining industries. In the private [...]

Fiscal plans unlikely to pass before ’12 election

President Obama, in a speech today, will tell Americans more about how he favors mixing tax increases and cuts to Medicare and Medicaid to control long-term deficit spending. But he’ll be in for a rough time passing any such sweeping changes through a wary Congress before the next presidential election. Republican leaders blasted Obama’s speech [...]

Shutdown’s military-pay provision has bipartisan support, but politics could get in way | Derek Wallbank

WASHINGTON – A bill to ensure the armed forces get paid on time, regardless of whether the federal government shuts down, is picking up steam, though proponents can’t say yet if it will be able to pass by tonight’s midnight deadline. Two nearly identical bills have been introduced in the House and Senate that would [...]

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