Presidential Financing Overhaul Sought
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Election officials Wednesday proposed overhauling the way tax dollars can be used to cover the cost of running for president, including an increase in the amount that can be spent by primary candidates who take public money.
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U.S. President George W. Bush will propose reforms on Friday intended to help homeowners with subprime mortgages avoid default, his first public step to address a crisis that has created turmoil in financial markets around the world.
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An agreement reached Saturday pushes debates on U.S. participation into the administration of a new president.
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Democratic presidential contender  John Edwards said on Thursday he would accept public financing  of his primary campaign, reversing his earlier stance, and  challenged rivals Hillary Clinton and Barack Obama to do the  same.
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The Federal Election Commission eased some political fundraising rules Thursday in hopes of salvaging a tattered presidential financing system in the 2008 campaign.
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U.S. President George W. Bush will outline reforms on Friday to help struggling subprime mortgage borrowers and his central bank chief will deliver a speech which will be pored over for hints of a looming rate cut.
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Democrats John Edwards and Wesley Clark have debts of several hundred thousand dollars from their unsuccessful White House bids in 2004, a burden as they consider presidential runs in 2008.
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The chairman of the House tax-writing committee said Sunday that President Bush's drive to overhaul Social Security should lead to consideration of a value added tax or other ways to fund the entitlement program.
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With the cost of the 2008 presidential campaign likely to top one billion dollars for the first time, the race for the White House is driven more than ever by candidates' quest for campaign cash.
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Analysts said President Bushâs plan to aid troubled homeowners facing foreclosure fell short of the broad reforms needed to help people meet mortgage payments.
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The Federal Election Commission has announced revised contribution limits that have been indexed for inflation and are effective for the 2007-2008 elections for President, U.S. Senate, and U.S. House of Representatives.
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Presidential candidates may return contributions solicited for the general election campaign and accept public financing with its stricter limitations, the Federal Election Commission ruled Thursday.
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Sen. Barack Obama (D-Ill.) signaled yesterday that he will begin raising money for a potential general election candidacy, joining Sen. Hillary Rodham Clinton (D-N.Y.) and former senator John Edwards (D-N.C.) in rejecting the public financing system that has governed presidential elections for...
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Â· Medical chief urges new donor schemeÂ· Observer launches reform campaign
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Democratic lawmakers said yesterday that they had requested copies of correspondence between the White House and Sallie Mae, the student loan company known as the SLM Corporation, after stock sales by the chairman days before the share price fell with the release of President Bushâs budget.
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The Bush administration Monday outlined a series of steps to shore up the government's pension insurance agency, proposing to impose tighter funding rules on employers and force them to pay substantially more for federal insurance.
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Social Security and tax code changes could strain the federal budget. The president could use a rising GDP.