Federal Reserve Chairman Ben Bernanke on Thursday offered an optimistic view on the U.S. economy's prospects to Democratic senators, but warned that "tough decisions" were ahead on dealing with long-term budget deficits and healthcare costs, according to lawmakers present.Bernanke, whose term as chairman ends on January 31, told a private lunchtime meeting with senators that the reduction in federal budget deficits and the country's improving energy position were "all positives" contributing to a healthier U.S. economy, according to Senator Thomas Carper of Delaware.Carper added that Bernanke said that "the next several years are more encouraging, but we can't forget those long-term challenges and they involve among other things programs that are concerned with healthcare."An aging U.S. population will put increasing pressure on the federal government as it struggles to provide retirement and healthcare benefits to the elderly, poor and disabled.Bernanke did not speak to reporters upon...
The struggling U.S. Postal Service expects to default this weekend, the second time in recent months the cash-strapped agency will have missed a deadline to set asid...
Union campaign contributions down after Charlotte convention decision
APWU Eastern Regional coordinator Mike Gallagher on the USPS money problems.
Senator Tom Carper , (D-Del.), on what needs to be done to get the Postal Service back on track.
Sen. Susan Collins (R-Maine) on why she is co-sponsoring a bill that will salvage the USPS.
Apologizes for Mormon-related remark
Mass. senator discusses launching his reelection campaign, why he is a 'bridge-builder' in a divided Congress
Amtrak said Friday it carried more than 30 million passengers in the latest fiscal year, an all-time record that has helped stir interest in a degraded high-speed ra...
Sen . Tom Carper , (D-Del.), on how defense spending can be streamlined to reduce the deficit.
Sen . Tom Carper , (D-Del.), sounds off on unpredictability and uncertainty in the government.
Gov. and presidential potential Rick Perry said Obama's warnings about the debt ceiling are overstated
Sen. Carper tells Chris Stirewalt that congressional leaders are getting hung up on symptoms instead of the disease in the debt ceiling debate
Sen . Tom Carper , (D-Del.), and Sen. John Hoeven, (R-ND), on the debt ceiling and efforts to achieve long-term spending and tax reforms to boost the economy.
Is Corker-Hoeven amendment key to immigration reform?
It's a no-brainer.Let the Internet gang help the government enroll the estimated 18 million low-income uninsured for health coverage in the new state health exchange...
Wis. Sen. Ron Johnson unveils new project aimed at showing how big government hurts everyday Americans
Citigroup Inc lobbyist Amy Overton is leaving the bank for Wall Street rival Goldman Sachs Group Inc.Overton, 43, will handle a broad range of issues for Goldman, a ...
The U.S. Congress that expired this week might have steered the nation away from the "fiscal cliff" of potentially devastating tax hikes and spending cuts, but it di...
Doug McKelway reports