Council of Economic Advisors Chairmen speaks on economy from White House
Edward Lazear (R), Chairman of the Council of Economic Advisors briefs reporters on the poor job numbers released today, at the White House in Washington on March 7, 2008. Keith Hennessey, Director of the National Economic Council looks on. (UPI Photo/Ron Sachs/POOL)
Latest Headlines
Some U.S. lawmakers say arguing that failing to raise the federal debt limit would lead to default is a scare tactic and no president "would actually default."
Members of a congressional panel investigating the recent U.S. financial crisis said limited time and a small budget had affected their wide-ranging inquiry.
U.S. Vice President Dick Cheney took a bruising when he talked to House Republicans about the $700 billion Wall Street bailout plan, some at the meeting said.
Another resignation for U.S. President George Bush -- Al Hubbard said on Wednesday he would step down as National Economic Council director by year's end.
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