Rich Edson Archive

Spending Fight Begins as GOP Budget Plan Unveiled

Published March 20, 2012

In their latest budget proposal, House Republicans proposed spending $19 billion less than Democrats and Republicans agreed to in this summer’s budget deal.

•  Read: Full Text of House Republicans' Budget Plan

Are Working Groups Working?

Published January 27, 2012

The results of the administration's Oil and Gas Price Fraud Working Group, which is designed to monitor oil and gas markets for illegal activity, are difficult to quantify.

Lawmakers Go Home as Tax Cuts Get Set to Expire

Published December 29, 2011

Energy companies, commuters and even rum distillers are looking to Congress to prevent their taxes from increasing. Unfortunately for them, the halls of Capitol Hill are mostly empty.

Newly-Obtained Emails Show Further Treasury Concern Over Solyndra Restructuring

Published October 14, 2011

EXCLUSIVE: New emails show that on several occasions Treasury officials questioned the legality of the Department of Energy’s approval of a loan restructuring for the now-bankrupt solar panel manufacturer, Solyndra.

Obama to Congress: Pass This Plan Now

Published September 08, 2011

President proposed a nearly half-trillion dollar economic plan Thursday that senior administration officials said will 'indisputably add to economic growth.'

Democrats Eye Infrastructure Spending for Stimulus

Published September 07, 2011

Obama and congressional Democrats have long seen infrastructure spending as ideal for creating jobs, but big projects can take over a year to start.

Lawmakers Closing in on Debt Deal

Published July 31, 2011

Exclusive: Top congressional negotiators are closing in on a deal to increase the debt ceiling, in two stages, through the 2012 election.

FOX Business Network will offer a one-hour special Sunday night, hosted by Neil Cavuto, looking at the latest developments in the ongoing debt crisis. Watch it live starting at 9 p.m. ET.

New Details Emerge Over Stalemated Debt Talks

Published June 30, 2011

Progress was made in identifying hundreds of billions of dollars in Medicare cuts during lawmaker discussions, but talks abruptly ended when Democrats demanded higher income taxes for wealthier families in exchange for those cuts.

Aide: House Ways & Means Committee Chairman Signs Off on FTA/TAA Deal

Published June 29, 2011

A House Ways and Means Committee aide says Chairman Dave Camp has signed off on the substance of a Trade Adjustment Assistance expansion in exchange for the Obama Administration's approval of free trade agreements with Colombia, South Korea and Panama.

NLRB Counsel, Local and National Republicans Square Off in the South

Published June 17, 2011

Condemned by local officials and called to testify at a congressional field hearing Friday, Lafe Solomon, the acting general counsel of the National Labor Relations Board, justified his decision to prosecute Boeing, questioning whether the companys expansion in South Carolina was based on legitimate business considerations.