California Governor Jerry Brown said he needs more time to reach a compromise with Republican lawmakers over his plan to erase a resurgent $25.4 billion deficit, and asked legislators to delay plans for a vote.
The Republican victories in Congress mean U.S. companies from Goldman Sachs Group Inc . to WellPoint Inc . may be able to weaken or block what they consider President Barack Obama ’s anti-business policies on health care, the environment, taxes and financial reform.
Ever since Ronald Reagan, the Republican Party has moved steadily to the right. Yet in Tampa this week, for the seventh consecutive time, Republicans will nominate a mainstream presidential candidate after rejecting movement conservatives.