Republicans considering running for president were quick to embrace House Budget Chairman Paul Ryan ’s plan to shrink the U.S. budget deficit , a blueprint likely to frame the debate over federal spending heading into next year’s elections and spur Democratic attacks.
House Speaker John Boehner lost support from more than one-fourth of his Republican colleagues as the chamber rejected a $939 billion agricultural-policy bill, the latest in a series of embarrassments handed to him by his own party.
An early 1970s photo in a Huntsman Corp. annual report shows a smiling young Jon Huntsman Jr. holding a dozen eggs in polystyrene packaging, an innovation that helped make a fortune for the family business.
President Barack Obama is setting up to campaign as a populist defender of the middle class, using the fight over his nominee to run the Consumer Financial Protection Bureau and the extension of a payroll tax cut.
Newt Gingrich’s network of businesses and policy groups that laid the groundwork for his presidential bid harken back to those that got him into ethics trouble and led to the biggest monetary penalty imposed on a U.S. House speaker.
President Barack Obama used his first Oval Office address on June 15 to order BP Plc to set aside “whatever resources are required” to compensate workers and business owners harmed by the Gulf of Mexico oil spill.