US President Barack Obama has signed legislation passed by Congress Wednesday to temporarily lift the debt ceiling and end the government shutdown, averting the threat of default just hours before the October 17 deadline. The legislation funds the government through to January 15 and lifts the $16.7 trillion debt ceiling until February 7. The White House budget director, Sylvia Mathews Burwell, said... 

President Obama has rejected raising America’s debt ceiling for 6 weeks beyond the October 17 deadline. The compromise was put forward by congressional Republicans, who sought to win time for negotiation and avert an unprecedented US default next week. No specific budget decision was taken in the White House on Thursday, where President Obama met with 20 House Republicans, including Speaker... 

How can Americans even begin to understand Obamacare or the government shut down? In his latest ‘man on the street’ video, Mark Dice talks to Obama supporters in San Diego who struggle to work out which political party Obama is actually affiliated with. The majority of the people Dice talked to didn’t know which party Obama was associated with and some even thought he was in fact a Republican. One... 

A highly troubling “urgent bulletin” issued earlier today by the Ministry of Foreign Affairs (MoFA) states that it has received information from the Main Intelligence Directorate (GRU) warning to expect a “radical change” in the government of the United States, possibly within the next fortnight, based on information they have received from “highly placed” sources within the Pentagon. According... 

US Secretary of State John Kerry has warned that a prolonged political crisis in Washington would weaken the country at a global level as a political stalemate in the US has forced the federal government shutdown to stretch into its fifth day. “If it were prolonged, or repeated, people would begin to question the willingness of the United States to stay the course and its ability to,”... 

The US stock market plummeted to its lowest level in almost a month as a federal government shutdown stretched into its third day on Thursday. The Dow Jones industrial average dropped 135 points after the closing bell. The 0.9 percent loss forced the Dow index to close at below 15,000 points. The broad-based Standard & Poor’s 500 index also fell 17 points, or 1 percent, to its lowest point... 

Given the fact that not so long ago, the United States faced down the threat of imminent nuclear war, you’d think the mainstream media would put the threat posed by a woman named Miriam Carey ramming some gates near the White House in some kind of perspective. Instead, the incident prompted a contrived freak out with alarmist rolling news coverage which went from characterizing the incident as... 

The US Treasury has warned of catastrophic effects if a political stalemate over raising the government’s debt limit forces a US default on its obligations. The federal government is expected to exhaust its cash reserves by October 17 and if US lawmakers do not reach an agreement to raise the nation’s debt ceiling, the government will not be able to pay its bills and will default on its legal... 

The White House budget director has ordered federal agencies to begin closing down after the Senate and the House of Representatives failed to reach an agreement on a budget plan to avert a government shutdown. “Agencies should now execute plans for an orderly shutdown due to the absence of appropriations,” Sylvia Mathews Burwell, director Of the White House Office of Management and Budget... 

In an address from the White House rose garden Tuesday afternoon, President Barack Obama blamed Republican lawmakers for triggering the first government shutdown in nearly two decades. Pres. Obama spoke on Tuesday roughly 12 hours after a longstanding budget stalemate on Capitol Hill caused a midnight shutdown impacting a number of government agencies and initiatives across the board. “At midnight... 

As a government shutdown looms over the federal budget in the United States, stocks in the country fall sharply and global investors cut allocation to US equities and bonds. All 10 main industries of Standard & Poor’s 500 index dropped on Monday. Microsoft Corp. led the declines with a 1.1 percent fall among the largest companies while shares in finance, telephone and energy tumbled the most. Dow... 

Just 10 days until a possible US government shutdown, the House of Representatives passed a bill that keeps the government open but defunds the 2010 affordable Care Act, known as Obamacare. The House vote was 230-189. The Republican-drafted continuing resolution, or CR, keeps the government open until December 15. The CR would also cut spending on food stamps for the poor by $40 billion over 10 years. Republicans... 

Timothy Dean Alsip A homeless man has allegedly held up and robbed a Portland bank for $1, then sat down and waited for police to arrest him so he could receive healthcare in prison. Timothy Dean Alsip, a 50-year-old homeless man, was arrested by the Clackamas County Sheriff’s Department and thrown in jail on suspicion of second-degree robbery. Deputy Mark Nikolai, spokesman for the sheriff’s office,... 

About 500 000 children would be left without insurance and the poorest Americans could be fined under President Obama’s new health care law because of a loophole that the administration and Congress failed to fix. Lawmakers passed the Affordable Care Act in 2010 without taking care of a loophole that would make it impossible for low-income families to purchase health care for their themselves or... 

Smokers, beware: tobacco penalties under President Obama’s Affordable Care Act could subject millions of smokers to fees costing thousands of dollars, making healthcare more expensive for them than Americans with other unhealthy habits. The Affordable Care Act, which critics have also called “Obamacare”, could subject smokers to premiums that are 50 percent higher than usual, starting next Jan...