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Archive for: July, 2009

Congress moves to extend autos ‘clunkers’ plan

Congress moves to extend autos ‘clunkers’ plan

Congress moves to extend autos ‘clunkers’ plan
WASHINGTON/DETROIT (Reuters) – The U.S. Congress moved to triple the funding for the government’s successful “Cash for Clunkers” auto rebate program, which has brought car buyers back into showrooms and raised the outlook for an industry beset by abysmal sales, bankruptcies and job cuts.

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U.S. economy shrinks modestly

U.S. economy shrinks modestly

U.S. economy shrinks modestly
WASHINGTON (Reuters) – The deepest U.S. recession since the Great Depression showed signs of easing in the second quarter, buttressing hopes for a second-half recovery, though it may be anemic as consumers are still strapped for cash.

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U.S. health reform gets House boost, battle heads home

U.S. health reform gets House boost, battle heads home

U.S. health reform gets House boost, battle heads home
WASHINGTON (Reuters) – Democrats pushed healthcare reform legislation forward in a key congressional panel on Friday but the battle over President Barack Obama’s top policy goal looked ready to move outside Washington as lawmakers prepared for a month-long break.

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Senator Dodd has prostate cancer

Senator Dodd has prostate cancer

Senator Dodd has prostate cancer
WASHINGTON (Reuters) – Democratic Senator Christopher Dodd, a leading force for U.S. healthcare reform, said on Friday he has prostate cancer but still plans to run for re-election next year.

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Congress moves to autos ‘clunkers’ plan

Congress moves to autos ‘clunkers’ plan

Congress moves to autos ‘clunkers’ plan
WASHINGTON/DETROIT (Reuters) – The U.S. Congress moved to triple the funding for the government’s successful “Cash for Clunkers” auto rebate program, which has brought car buyers back into showrooms and raised the outlook for an industry beset by abysmal sales, bankruptcies and job cuts.

Go to Source

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