First Trust Advisors Chief Economist Brian Wesbury thinks so since S&P is only one rating groups opinion.
Former Governor Ed Rendell said President Obama must lead to get things done and his administration is not doing that.
Florida Congressman Allen West said it was the Democrat's fault not the Tea Party for the country's downgrade. He also said Treasury Secretary Timothy Geithner must resign.
While speaking about the S&P downgrade, former Fed Chairman Alan Greenspan said the U.S. is at no risk of default and will always pay its bills because the country can just print more money.…
Secretary Timothy Geithner said S&P showed terrible judgement in downgrading the U.S. and the company has no knowledge of basic U.S. fiscal math. He also said…
The Cato Institute created this video showing how the government's downgrade will affect every single American.
Boeing's new 787 Dreamliner was delivered to its first customer, All Nippon Airlines based in Japan. Dreamliner promises a lighter aircraft which in turn makes the plane more fuel efficient.…
S&P said there were two factors that led to the downgrade of the U.S. credit. First was the politics and secondly the debt to GDP ratio has doubled since the start of the recession.
Colorado State Senator Rollie Heath is pushing for $3 billion in new taxes to fund education
Unemployment dropped to 9.1 percent as 117,000 new jobs were added in July. Wages also rose by 0.4 percent and the May/June job figures were revised.
James Dirk Crudup jumped the fence at the White House in hopes of the Secret Service shooting him since he feels like a deadbeat dad with 6 kids and can't find a job.
Two men open fire on a SEPTA route 47 bus at 7th and Cecil B. Moore in North Philadelphia back in June. Four people are held for trial.
Jeffs is the president of the Fundamentalist Church of Jesus Christ of Latter-Day Saints. He was convicted by a jury for sexual assault with children as young as 12. He faces up to 119 years in…
White House Spokesman Jay Carney told reporters Monday. "Everything is on the table for that committee, everything, including both entitlement reform and tax reform. Let's be clear: The…
Rep. Nancy Pelosi on the House floor discussing why it's important the increase in the debt limit last 18 months.
Discussing the passage of the debt deal, President Obama says he'll push for tax increases next.
Nancy Pelosi States She Doesn't Like The New Budget Deal And Revenues Have To Be Considered
Just before Tuesday's vote in the Senate on the debt-limit legislation, Sen. John Cornyn (R-Tex.) said that federal spending in fiscal year 2012 would be higher than in fiscal year 2011 but…
Chris Christie fired back at reporters who keep questioning his decision to nominate Sohail Mohammed to the Superior Court of New Jersey. Mohammed has been confirmed by the state Senate.
A woman has been accused of beating her 1-year-old son up on the bus. She claims she was feeding the infant and it was an accident. The incident was caught on tape and witnessed by others on the…
New York lost 1.6 million residents in the last decade or 8 percent of its population.
With Congress in recess without passing a bill for the reauthorization of the FAA, construction projects to repair runways, control towers, and airport expansions are on hold. Federal taxes are…