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Court deals blow to Obama health law by limiting subsidies 12:31pm EDT

WASHINGTON - A U.S. federal judicial panel on Tuesday dealt a potentially devastating blow to President Barack Obama's healthcare law, throwing out a provision that provides millions of Americans with subsidies for private health insurance.

Recent Politics News

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Obama says Biden would make 'superb' president: New Yorker

WASHINGTON - President Barack Obama said Joe Biden would make a "superb" president, but questioned whether his vice president or potential rival Hillary Clinton would want to endure another campaign for the White House, a media report on Monday said.

7:16am EDT
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British Labour Party leader Miliband meets with Obama

WASHINGTON - Britain's opposition Labour Party leader Ed Miliband met U.S. President Barack Obama at the White House on Monday and said they had a wide-ranging discussion touching on relations with Russia and the Ukraine crisis.

21 Jul 2014
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Senate panel to debate wave of corporate tax-avoidance deals

WASHINGTON - As more U.S. corporations do deals to cut taxes by shifting their tax domiciles overseas, the Senate Finance Committee will hold a hearing on Tuesday focused on these transactions known as inversions.

U.S. Senate nears deal to vote on $10.9 billion transportation bill

WASHINGTON - U.S. Senate leaders were nearing an agreement to vote this week on a $10.9 billion transportation funding extension already passed by the House of Representatives, signaling a desire to minimize drama over road construction money this summer.

21 Jul 2014
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U.S. congressman raps Boeing, trade group on Ex-Im bank

WASHINGTON - A Republican House committee chairman scolded Boeing Co and a large U.S. trade group on Monday for lobbying to keep the Export-Import Bank alive, saying their efforts amounted to petitioning for "special privilege."

Aerospace & Defense 21 Jul 2014