AP - Congress approved mortgage relief for 400,000 struggling homeowners as part of an election-year housing plan that also aims to calm jittery financial markets and bolster the sagging economy. President Bush said he would sign it promptly, despite reservations.
AP - The food industry must drop any remaining opposition to electronic record-keeping and back an effective system for tracing contaminated food to its source, a lawmaker investigating food safety said Friday.
AP - The total cost of the Iraq war is approaching the Vietnam War's expense, a congressional report estimates, while spending for military operations after 9/11 has exceeded it.
AFP - The US White House race tightened Saturday after new opinion polls suggested Barack Obama's shine was wearing off and Republican John McCain was gaining ground in several important states.
AP - Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn.
CQPolitics.com - When CQ Politics rated the congressional races last fall, we said: "the Democrats are in a strong position to expand their congressional majorities" in the 2008 elections. -- read full article
Fri, 25 Jul 2008 06:21:16 GMT - Yahoo! News: U.S. Congress News
AP - The man giving John Kerry his first Democratic primary fight since his election to the Senate more than 20 years ago proposed a series of debates Friday.
Reuters - The U.S. Senate voted on Friday to
limit debate on a bill aimed at shoring up both the housing
market and mortgage finance companies Fannie Mae and Freddie
Mac, paving the way for a final vote expected on Saturday.
AP - The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac.
U.S. News & World Report - With 100-plus days until the elections, top Democrats are high on their prospects of picking up more House and Senate seats. -- read full article
Fri, 25 Jul 2008 15:57:58 GMT - Yahoo! News: U.S. Congress News
AP - President Bush pulled the rug out from under Republicans this week when he abruptly dropped his opposition to a massive housing rescue. -- read full article
Fri, 25 Jul 2008 16:03:53 GMT - Yahoo! News: U.S. Congress News
Reuters - Legislation to rein in excessive
energy speculation failed a key procedural vote on Friday to
move forward in the Senate, and now lawmakers will set aside
the bill to consider other legislation.