Congress, Obama Administration | featured news

Republicans would accept a “mini” deal with the Obama administration on raising the debt limit, Senator John Cornyn of Texas, a Republican leader, said. Cornyn said today on “Fox News Sunday” that while Republicans would prefer a long-term settlement, they would accept a shorter-term agreement if that’s all they could get done. The U.S. Treasury Department has projected that on Aug. 2 the U.S. will no longer be able to meet obligations if the legal debt ceiling isn’t raised.

Struggling to avert a government shutdown, Republicans and Democrats each said Wednesday the other would be to blame if compromise talks on the budget fail to produce an agreement.

Congress and the White House veered toward a fiscal collision on Tuesday as the Obama administration rejected a short-term House Republican demand to cut $12 billion now in exchange for keeping the government open for one more week. At the same time, the Republicans’ budget chairman set forth a longer-range blueprint defining a new era of profoundly smaller government and steep tax cuts for corporations and individuals.

Treasury Secretary Timothy Geithner is telling Congress that the Obama administration wants Congress to approve legislation overhauling Fannie ...

The Obama administration is set to notify the US Congress of a $60bn (£39bn) sale to Saudi Arabia of advanced military aircraft, reports say.

Growing discontent over the economy, recovery efforts turn into a wave of criticism and outright anger directed at the administration.

The Obama administration could bring foreign terrorism suspects held at the Guantanamo Bay prison to the United States only to face prosecution, under a measure that cleared Congress on Tuesday.

Stymied by Congress so far, the White House is considering issuing an executive order to indefinitely imprison a small number of Guantanamo Bay detainees considered too dangerous to prosecute or release, two administration officials said Friday.