Eric Cantor News
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Updated 6 minutes ago
After Eliot Engel and Jerrold Nadler, two Democratic congressmen from New York, met with Israeli Prime Minister Benjamin Netanyahu in Jerusalem last month, Engel’s wife summed it up:
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House Majority Leader Eric Cantor asked the U.S. Department of Transportation to reject Overseas Shipholding Group Inc.’s application for a federal loan guarantee two days before the company withdrew its bid, according to a letter obtained by Bloomberg.
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President Barack Obama said public pressure was vital in getting Congress to extend a temporary payroll tax cut for workers and urged voters to push lawmakers to act on his proposals to help struggling homeowners and raise taxes on millionaires.
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A Moroccan immigrant was charged with attempting to use a weapon of mass destruction in a suicide bombing at the U.S. Capitol.
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Chinese Vice President Xi Jinping, in line to become the country’s top leader next year, met congressional leaders amid criticism of China’s record on human rights, trade and currency issues.
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Chinese Vice President Xi Jinping reunited with a family in Iowa that hosted him 27 years ago as a provincial agricultural official, this time bringing with him company executives who signed deals to buy soybeans as demand for U.S. grains surges in Asia’s biggest economy.
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U.S. House Republican leaders are selling their members on a tentative agreement to extend a payroll tax cut through 2012 as they seek to avoid the brinkmanship that hurt the party late last year.
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U.S. House Republican leaders offered to vote this week to extend a payroll-tax cut through 2012 in an attempt to shift blame to Democrats if they balk and Americans’ take-home pay shrinks next month.
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The U.S. House voted to strengthen the ban on insider trading by members of Congress and other government officials amid a record-low public approval rating of the way lawmakers do their work.
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Congressional Democrats made their first proposal on one of the more contentious elements of the payroll tax cut package with an offer to trim maximum U.S. unemployment benefits by six weeks.
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