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On Friday, President Barack Obama admitted that deep federal budget cuts had already arrived with no possible solution on sight. He warned that this outcome would be harmful to the economy but at the same time said about his inability to stop it. A last attempt to persuade the congressional leaders at a meeting in [...]

Senate Republicans and Democrats are still trying to reach a compromise over taxes and spending, to avoid the fiscal cliff. Tax hikes and spending cuts are set to kick in with the new year.

Senate leaders groped for a last-minute compromise Saturday to avoid middle-class tax increases and possibly prevent deep spending cuts at the dawn of the new year.

Congressional leaders met at the White House with President Barack Obama for a fiscal cliff meeting. After the meeting, House Minority Leader Nancy Pelosi went to the Capitol where she told reporters the talk was ‘constructive.’

Things that Mortgage Settlement will not do. Mortgage Settlement could be a good news, however, we should realize several things that the settlement can’t handle. Check this out!!!!!! National Mortgage Settlement By The Numbers Huzzah, we finally have a massive mortgage-foreclosure settlement! At long last banks will be taken to task for sloppy foreclosure practices [...]