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Decade Later, Debate Goes on Over US Government Faith-Based Partnership A truck filled with food boxes arrives at the doors of the Church of the Nazarene in the Philadelphia suburb of Colingdale in time for the weekly Family Dinner. Neighborhood fami
World markets were mixed Thursday due to investor concerns over the U.S. stimulus plan and more gloomy corporate news. In Britain, the Royal Bank of Scotland, or RBS, has posted the largest annual loss in U.K. corporate history with a $34 billion sh
By Laurel Bowman Washington 29 October 2009 Kenneth Feinberg A top Treasury Department official has ordered pay cuts for the 25 highest-paid executives at seven companies that received government bail-outs. But he says he doesn't want broader powers
By Mil Arcega Washington 11 September 2007 Vehicles are scattered along the broken remains of the Interstate 35W bridge, 01 Aug 2007 A new U.S. Transportation Department report shows that more than 12 percent of the nation's bridges are structurally
U.S. automobile companies suffered additional sharp losses in November, underscoring the threats facing the industry amid the U.S. recession. As VOA's Dan Robinson reports, the big three U.S. automakers have submitted details of their plans to restr
Lawmakers in the U.S. House of Representatives have voiced concern to Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke about proposed steps to bailout U.S. financial institutions. VOA's Dan Robinson reports from Capitol Hil
U.S. lawmakers are continuing talks on a massive rescue plan for America's struggle financial services industry. VOA White House Correspondent Scott Stearns reports, U.S. President George Bush is facing opposition from members of his own party who o
Members of Congress are demanding more taxpayer protections and more congressional oversight be included in the $700 billion bailout plan that is being debated to rescue failing U.S. financial institutions. VOA's Dan Robinson reports from Capitol Hi
Cutting Ethanol Subsidy Might Not Impact Food Prices With the U.S. ethanol industry consuming about a quarter of the nations maize crop, many have blamed biofuels for rising food prices in recent years. The new year brought the end to a $6-billion su
Stocks are down on the world markets where traders are less than enthusiastic about the $798 billion U.S. compromise economic stimulus package hammered out between congressional negotiators. And in London, Prime Minister Gordon Brown has strongly cr
U.S. Treasury Secretary Timothy Geithner said broad, coordinated global action is key to repairing the damaged credit markets and lifting the world out of recession. He said the Obama administration wants Congress to act quickly on legislation that
By Kent Klein White House 22 October 2009 President Barack Obama, 22 Oct 2009 U.S. President Barack Obama is welcoming the Treasury Department's order to slash top executives' pay at seven big companies that have not paid back their government bailo
U.S. President Barack Obama's fourth nationally-televised evening news conference Wednesday was dominated by the debate over reforming the country's health care system. The president is trying to overcome objections to his plan from lawmakers in bot
Britain's Treasury Secretary has ordered an independent review into the bonus structure of British banks that are being propped up by the British taxpayer. Media reports here indicate that The Royal Bank of Scotland may be considering bonus payments
President Bush has praised what he calls bold bipartisan action by the U.S. Congress in approving a measure aimed at rescuing U.S. financial markets. The House of Representatives Friday approved a Senate-passed version of the financial rescue legisl
U.S. President Barack Obama is pushing for new regulations on the American financial services sector, warning industry leaders there can be no return to the abuses of the past. The president made the case for reform in a speech in the heart of New Y
By Kent Klein Washington 03 October 2009 As the U.S. unemployment rate continues to rise, President Barack Obama says reforming the nation's health care system will help small businesses put people back to work. The president is making his case for
U.S. President Barack Obama's fourth nationally-televised evening news conference Wednesday was dominated by the debate over reforming the country's health care system. The president is trying to overcome objections to his plan from lawmakers in both
In an effort to deal comprehensively with a severe financial crisis on Wall Street, the Bush administration Friday is proposing the creation of a government agency to deal with the bad loans of U.S.-based financial institutions. The plan could cost t
The U.S. program subsidizing the use of corn for the production of fuel ethanol came under sharp criticism at a Senate hearing Wednesday. Economists told the panel the program leads to higher food prices. 在美国国会参议院星期三举行的听证