Racine
WASHINGTON - Nearly two years after a Wall Street meltdown left the economy reeling, the House on Wednesday passed a massive overhaul of financial regulations that would extend the government's reach from storefront thrifts to the executive suites of Manhattan.
RACINE, Wis. - Sensitive to election-year resentment over big government, President Barack Obama declared Wednesday he intends to get "our debt and our deficits under control." With fears alive of a double-dip recession, Obama warned that he won't slash spending at the expense of the economic rebound.
RACINE, Wis. - President Barack Obama says his economic stimulus law did its job by staving off another Great Depression.
WASHINGTON - A sweeping overhaul of financial regulations aimed at preventing another economic crisis headed Wednesday for a final House vote after Democrats backed down on a $19 billion tax they had added on big banks and hedge funds.
RACINE, Wis. - Seizing on a political opportunity, President Barack Obama on Wednesday lashed out at Republicans as out of touch with the daily problems of Americans, hoping to sharpen the contrast with the opposition party as midterm elections loom and economic anxiety still runs high.
