Senate Democrats and the White House have agreed to pay for a bill to freeze student loan interest rates for a year by raising payroll taxes on so-called S Corporations, Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin, D-Iowa., said on Tuesday.

WASHINGTON (Reuters) - The Obama administration plans to ask Congress this year to renew White House quot;trade promotion authorityquot; so it can finish talks on an Asia Pacific trade pact and pursue other possible initiatives, the top U.S. trade official said on Wednesday. quot;We#39;ve got to have it,quot; U.S. Trade Representative Ron Kirk told the House of Representatives Ways and Means Committee, referring ...

President Obama accused Republican lawmakers Monday of abandoning unemployed veterans and challenged them to approve tax breaks for companies to hire vets. Our veterans did their jobs, Mr. Obama said in an event with veterans groups in the White House Rose Garden. Now it's time for Congress to do theirs. ...

The White House today called the move by Senate Minority Leader Mitch McConnell, R-Ky., to force a vote on the president’s jobs bill by attaching it to the China currency bill, “basically a stunt.” “It was a very disingenuous attempt to draw attention away from...

A slow-motion train wreck known as the raising of the United States debt ceiling has been averted at the 11th hour.Senate leaders, followed by a sombre President Barack Obama who spoke from the White House, announced that the US...