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Obama Signs Spending Bill He Negotiated With GOP

Posted: 04/15/2011 - President Barack Obama has signed a six-month spending bill that cuts more than $38 billion from the current budget. The legislation averted a government shutdown and was the result of intense negotiations between the White House and emboldened Republicans.

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House Passes $6 Trillion Spending Cut Plan

Updated: 04/15/2011 - The House on Friday passed a Republican budget blueprint proposing to fundamentally overhaul Medicare and combat out-of-control budget deficits with sharp spending cuts on social safety net programs like food stamps and Medicaid.

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Obama: Congress Must - and Will - Raise Debt Limit

Posted: 04/15/2011 - President Barack Obama confidently predicted Friday that a divided Congress would raise the nation's borrowing limit to cover the staggering federal debt rather than risk triggering a worldwide recession, but he conceded for the first time he would have to offer more spending cuts to Republicans to get a deal.

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Pelosi: House Dems Shut Out But Helped Pass Budget

Posted: 04/15/2011 - Their votes required to pass a budget for the year, House Democrats expect a bigger role in the upcoming fiscal showdowns and other matters in which House Speaker John Boehner can't muster a GOP majority, Democratic leader Nancy Pelosi said Friday.

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NTSB: Tour Bus Not Hit Before NYC Crash Killed 15

Posted: 04/15/2011 - Federal inspectors have found no evidence that a casino tour bus was struck by a tractor-trailer before it crashed in New York City last month, killing 15 people.

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Obama: Raise Debt Ceiling or Risk Gobal Recession

Posted: 04/15/2011 - Failure by Congress to raise the U.S. debt limit "could plunge the world economy back into recession," President Barack Obama declared Friday, and he acknowledged that he must compromise on spending with Republicans who control the House to avoid such a crisis.

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FAA Tries to Quell Sleeping Controller Controversy

Posted: 04/14/2011 - Publicly fuming, the FAA chief collected Thursday the resignation of the head of the U.S. air traffic system, doubled controller staffing at more than two dozen airports and ordered a sweeping review of the entire system that ensures planes fly safely, as the government sought to reassure the public that air travel is safe despite at least four instances of controllers sleeping on the job.

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Moderate Dems Stand with Obama on Health Care

Posted: 04/14/2011 - Tough re-election campaigns looming, a handful of moderate Senate Democrats voted on Thursday to keep the money flowing to President Barack Obama's health care law despite increasing public opposition to the year-old overhaul.

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Obama: Senate Vote Against Debt Ceiling a Mistake

Posted: 04/14/2011 - As the White House presses Congress "not to play chicken" with a vote to raise the nation's debt ceiling, President Barack Obama says his vote as a senator in 2006 against raising the debt cap was a mistake motivated by politics.

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Johnson & Johnson Issues Recall

Posted: 04/14/2011 - Johnson & Johnson is issuing another product recall, this one for about 57,000 bottles of a popular pill for epilepsy, due to complaints of an odd chemical odor.

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House Passes Budget Cuts - Without Enthusiasm

Posted: 04/14/2011 - The House gave strong bipartisan approval Thursday to a record $38 billion in cuts from hundreds of domestic programs, clearing the way for a final vote in the Senate on the first major compromise between President Barack Obama and newly empowered Republicans in Congress. The vote was 260-167.

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Ensign, Hutchinson Resolution Declares Libya Not in Our National Interest

Updated: 04/14/2011 - Senators John Ensign (R-NV) and Kay Bailey Hutchison (R-TX) today introduced a resolution that would declare that the United States has no vital interest in Libya. The resolution would also assert that Congress has not authorized military force in the region, contrary to what the Administration says.

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Sleeping on Job Forces Top FAA Resignation

Posted: 04/14/2011 - The head of the Federal Aviation Administration says the agency's top official overseeing the nation's air traffic system has resigned following disclosures of controllers falling asleep on the job.

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Congress Voting Thursday on Budget-Cutting Plan

Updated: 04/14/2011 - While acknowledging a $38 billion package of spending cuts is far from perfect, House Speaker John Boehner Thursday predicted the measure would clear the House with a bipartisan majority Thursday in a first step of a longer Republican campaign to rein in federal deficits.

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Reno Gas Hits $4

Updated: 04/14/2011 - The average price for a gallon of regular gasoline in Reno hit the $4 mark today according to AAA. This is only 22 cents shy of the the record set in June of 2008.

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Budget Pact Barely Touches Current-Year Deficit

Posted: 04/13/2011 - A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38 billion in promised savings by the end of this budget year.

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