Republicans

Household incomes among Americans have fallen sharply, accompanied by a rise in the number of people living below the poverty line to 46.2 million, the highest in over 50 years, ac

In response to Standard & Poor’s first-ever downgrade on the outlook for the U.S economy from a triple-A rating to AA+, the Dow Jones Industrial Average reacted dramatically

The deal that U.S President Barack Obama and Republican House speaker John Boehner seem to be closing in on has reportedly evoked harsh reactions from the Democratic Party in relat

With the precious yellow metal touching a record $1600 an ounce earlier today, while some investors with large gold holdings are rejoicing, it could also be an indication of a mark

Are we looking at a U.S Default Scenario ? With the August 2 deadline looming ahead, U.S President Barack Obama met with congressional leaders on Sunday night, with the agenda of a

With the United States having officially hit the debt ceiling last Monday, Timothy Geithner, U.S Treasury Secretary has told Congress that in order to enable the government to con

U.S President Barack Obama, in the deficit-cut plan he announced on Wednesday, proposed a $4 trillion deficit-cut over the next 12 years. In sharp contrast to the GOP Plan, the key

With a last-minute deal struck late on Friday night between the Democrats and Republicans, the widespread chaos that would’ve resulted from the Government shutdown was averted. H