Portugal commemorates the one-year anniversary of its bailout with two-year yields back below 10- year levels as government officials and investors say the nation will procure sufficient backing to avert a debt restructuring.
A group of 35 economists, including three Nobel laureates, asked a U.S. judge for permission to file a brief backing the Obama administration’s bid to end a lawsuit challenging its health-care overhaul.
Congresswoman Michele Bachmann and 62 other members of the U.S. House of Representatives filed a court brief backing a lawsuit by 20 states challenging the legality of the Obama administration’s health care legislation.
Eight U.S. senators, along with Representative John Boehner and 35 economists, won the right to submit their arguments in a lawsuit by 20 states seeking to undo the Obama administration’s health-care overhaul.
The Obama administration’s health- care reform should be thrown out because it overreaches the federal government’s authority, opponents argued in a Florida lawsuit three days after a judge in Virginia ruled part of the law unconstitutional.