SWITCH: Mobile | ePaper | Subscribe

Homes Rentals Jobs Autos Contests

Jim Abrams

(J. SCOTT APPLEWHITE/The Associated Press) Sen. Chuck Schumer, D-NY, left, and Sen. Jeff Sessions, R-Ala., right, discuss their bipartisan support for a Senate vote that cleared the way for debate on a bill that would impose tariffs on Chinese imports as a penalty for currency manipulation Monday, Oct. 3, 2011, on Capitol Hill in Washington.

Senate bill punishes China over undervalued money

Last updated Tuesday, October 4, 2011 - 7:51am

WASHINGTON — The Senate on Monday weighed whether to punish China for undervaluing its currency and taking away American jobs. At issue is whether legislation would boost the American economy, as its supporters argue, or initiate a damaging trade war with a major partner.

Business, China, Currency, Finance, U.S. Senate, International, National Read more Comments

(HARRY HAMBURG/The Associated Press) In this March 16, 2010, file photo Sen. Sherrod Brown, D-Ohio, with, from left, Sen. Charles Schumer, D-N.Y., Sen. Sam Brownback, R-Kan., Sen. Debbie Stabenow, D-Mich., and Sen. Lindsey Graham, R-S.C., speaks at a bipartisan news conference on Capitol Hill about legislation to combat China’s currency manipulation. The Senate is expected to take up the bill Monday, Oct. 3, 2011, which would impose higher U.S. duties on Chinese products. Schumer, Graham, and others have tried for over six years to increase those tariffs.

Congress addresses Chinese currency manipulation

Jim Abrams The Associated Press

Last updated Saturday, October 1, 2011 - 5:06pm

WASHINGTON — After years of trying, Congress is taking another stab at retaliating against what many see as Chinese manipulation of its currency to make its exports to the United States cheaper and U.S. goods more expensive in China.

China, Congress, Currency, Money, International, National Read more Comments

(J. Scott Applewhite/The Associated Press) In this file photo, Senate Majority Whip Richard Durbin, D-Ill., left, and Senate Majority Leader Harry Reid, D-Nev., take part in a news conference on Capitol Hill in Washington to discuss the Democrats' efforts to create jobs. When Congress gets back to work after Labor Day it will have the chance to achieve something that has largely eluded it for the entire year, passing legislation that might actually create jobs.

Congress has a shot at passing jobs-creating bills

Jim Abrams The Associated Press

Last updated Monday, August 8, 2011 - 7:15am

WASHINGTON — When Congress gets back to work after Labor Day it will have the chance to achieve something that has largely eluded it for the entire year, passing legislation that might actually create jobs.

Congress, Jobs, Legislation, National Read more Comments

Hobbled Dems, eager GOP back for lame-duck session

Jim Abrams, The Associated Press

Last updated Monday, November 15, 2010 - 12:24pm

WASHINGTON -- Dejected Democrats and invigorated Republicans returned to the Capitol Monday to face a mountain of unfinished work and greet more than 100 mainly Republican freshmen-elect lawmakers determined to change how they do business.

Rep. John Boehner, R-Ohio, in line to become speaker when the new Republican-led Congress convenes in January, told GOP newcomers Sunday evening that they may spend their next two years doing just two things: stopping what he called "job-killing policies" and the "spending binge."

Congress, Politics, Elections, National Read more Comments

House joins Senate in rejecting pay raise

Jim Abrams The Associated Press

Last updated Tuesday, April 27, 2010 - 5:11pm

WASHINGTON -- In a rare outbreak of political solidarity, lawmakers agreed Tuesday that giving themselves a pay raise in an election year when the unemployment rate hovers near 10 percent is a bad idea.

Politics, National Read more Comments

House abandons DC vote bill

Jim Abrams The Associated Press

Last updated Tuesday, April 20, 2010 - 1:55pm

WASHINGTON -- The District of Columbia has waited more than two centuries to get a vote in Congress, and now it looks like the city's roughly 600,000 residents will have to wait even longer.

Politics, National Read more Comments