The co-chairmen of two past deficit reduction panels warned the congressional supercommittee on Tuesday that the nation could face economic turmoil unless it went "big" and more than tripled its minimum goal of finding $1.2 trillion in government savings.
As the run-up to holiday shopping intensifies, Target Corp. said that its stores will open at midnight Thanksgiving night, beginning the traditional "Black Friday" shopping day four hours earlier than it did last year.
Pakistan Ambassador Husain Haqqani is traveling the United States, feverishly defending his country against charges from many in Washington who accuse Pakistan of supporting terrorists who target U.S. soldiers in Afghanistan.
Two very different debt-reduction proposals leaked to the media this week show that Democrats and Republicans on the supercommittee are still miles apart on a deal, as the clock ticks down toward a Thanksgiving deadline for a unified plan.
The congressional debt-reduction panel met publicly for the first time in more than a month Wednesday but offered little public evidence of making progress as the clock ticks toward a Thanksgiving deadline.
The House's No. 2 Democrat says the nation will suffer if the congressional debt reduction committee fails and mandatory spending cuts kick in, staking a position that the panel must reach its goal of finding ways to slash $1.5 trillion from the federal debt.
Communists rewrite history all the time, with grand flourishes and straight faces. Many American liberals do, too.
The Cincinnati Bengals traded Carson Palmer to the Oakland Raiders on Tuesday other day for what could turn out to be two first-round draft picks.
In a budget nearing $4 trillion a year, it strains credulity to hear members of the deficit supercommittee say they're still no closer to finding $1.2 trillion in savings over the next decade.
