The US House of Representatives has approved proposed $7 billion pipeline The Democratic government has moved forward to set a deadline for the pipeline that will bring Canadian oil sands crude to the United States . The bill received 279-147 votes in its favor and this eventually pressurizes the state to allow transport of Canadian [...]

White House officials and congressional Republicans are reaching toward a potential end to their bitter debt limit showdown, raising hopes that a deal could be in place by Tuesday to avert a possible federal default. » E-Mail This     » Add to Del.icio.us NPR Topics: News We are looking for more news on .

WASHINGTON (Reuters) – Senate Democrats aimed to seize the initiative in efforts to head off a ruinous debt default by pushing their deficit-cutting plan on Saturday toward a possible compromise with a divided Republican Party. Reuters: Top News We are looking for more news on .

Count down for saving itself from debt default has already started for the Obama administration.The Congress is fighting fiercely  in the weekend session on Capitol Hill to save the United States from another aftermath of economic crunch. The GOP-led House approved the bill seeking for increasing borrowing limit for the US economy from the previous [...]

WASHINGTON (Reuters) – Republican leaders scrambled on Friday to rescue their budget deficit-cutting plan after conservatives mounted a rebellion that heaped uncertainty on efforts by Washington to avert a catastrophic debt default. Reuters: Top News We are looking for more news on .

The debt-crisis driven US economy seeks for earning from  taxes from online transactions  and that too in billions! A senator presents a bill on Friday that claims to seek solutions for the giant financial crunch that the US economy is fighting with, by earning from nothing. The United States is to lose an additional $10 [...]

STEWARTSTOWN, N.H. (AP) — Shy and sweet, with a gap-toothed smile and a reputation as reliable, 11-year-old Celina Cass is the last person anyone in her New Hampshire community would expect to run away. At this point, they only wish that were the case. The other explanations are too scary…. AP Top U.S. News At [...]

The United States is failing to break through its debt deadlock. The US Federal Reserve is now gearing up to provide new guidelines to American banks to save themselves through resurging recession.In case the country fails to revamp its borrowing capacity, all the banks would face hard time to survive through tough waters. Fed spokeswoman [...]

In an NPR interview, the Princeton scholar said the Republican plan was “catastrophic” and the Democratic plan was “milk-toast spinelessness.” » E-Mail This     » Add to Del.icio.us NPR Topics: News We are looking for more news on .

The US economy still fights against vigorous impacts of recession, which has hollowed the nation’s financial health. The US diplomats fledge country’s international commitments and want to snatch the outsourced employment opportunities shifted to China and other developing countries. ” Dave Camp, a senator stated China is disrespectful over its international obligations and exploiting recession [...]