Red China concerned about Obama deficits

By Rob Delaney and Rebecca Christie,Bloomberg

Even the Communists are concerned about our reckless spending

Treasury Secretary Timothy Geithner pledged to rein in the U.S. deficit as China underscored concern about preserving the value of its $801.5 billion of Treasury holdings.

The U.S. will ensure a “sustainable” deficit by [...]

Obama Initiatives Hit Speed Bumps On Capitol Hill

By Ceci Connolly,Washington Post

Obama is having problems on Capitol Hill

President Obama’s hopes for quick action on comprehensive health-care reform ran headlong this week into the realities of Congress,as lawmakers searching for the money to pay for a broad expansion of coverage discovered that it wasn’t easy to find [...]