Obama budget would boost U.S. tax revenue, cut deficits: CBO


WASHINGTON - President Barack Obama's fiscal 2015 budget request would boost U.S. tax revenue by nearly $1.4 trillion over 10 years if fully enacted, slashing deficits by $1.05 trillion while funding new spending, the Congressional Budget Office said on Thursday.


Beau Biden, son of U.S. VP, to run for governor of Delaware 6:02pm BST

- At least one member of the Biden family will be seeking higher office in 2016.

New Hampshire lawmakers fail to pass death penalty repeal 5:58pm BST

BOSTON - New Hampshire's Senate failed to repeal the death penalty on Thursday, in a vote that capped weeks of emotional debate while focusing attention on the state's lone death row inmate.

Hotel magnate pleads guilty to U.S. campaign contribution scheme 8:03pm BST

NEW YORK - A prominent hotel executive in New York pleaded guilty on Thursday to conspiring to make $188,000 of illegal campaign contributions to three U.S. candidates via straw donors.


California Governor Brown wants rainy-day fund in constitution 3:22am BST

SACRAMENTO, California - California Governor Jerry Brown on Wednesday stepped up his efforts to enshrine a rainy day fund in the state's constitution, stealing some thunder from Republicans backing a similar measure as he seeks an unprecedented fourth term.


Obama, Republicans openly feud over immigration legislation 16 Apr 2014

WASHINGTON - Partisan bickering over immigration reform legislation intensified on Wednesday as President Barack Obama and House of Representatives Republicans accused each other of standing in the way of progress one year after bipartisan Senate legislation was introduced.


Obama looks to salvage Asia 'pivot' as allies fret about China 16 Apr 2014

WASHINGTON/MANILA - When a Philippine government ship evaded a Chinese blockade in disputed waters of the South China Sea last month, a U.S. Navy plane swooped in to witness the dramatic encounter.

Wisconsin passes law to curb private custody transfers of children 16 Apr 2014

NEW YORK - Wisconsin has adopted a law to limit private custody transfers of children, the first law of its kind in the United States, responding to a Reuters investigation that exposed the dangers of the unregulated practice.


Detroit pension deal approved by one retirement system 2:10am BST

- The board of Detroit's General Retirement System on Wednesday approved economic terms of a settlement with the city that include cuts to pension benefits, putting in place another key component of Detroit's effort to exit bankruptcy by October.


U.S. calls for more investment-friendly Indian government 1:39am BST

WASHINGTON - The United States on Wednesday urged the Indian government that emerges from ongoing elections to follow economic policies that encourage investment, saying Washington would like to see bilateral trade grow to $500 billion a year.


Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.