Politics

Health Bill to Cost $940 Billion, Cut Deficit Over a Decade, Democrats Say Legislation to overhaul the U.S. health-care system will cost $940 billion over 10 years and cut the federal deficit, budget experts said, meeting targets set by Democratic Party leaders seeking to win votes for the bill.

Pelosi Idea for Limited Health-Care Vote Raises Constitutional Questions House Speaker Nancy Pelosi may be creating new grounds for a court challenge to the proposed U.S. health-care overhaul as she considers using a mechanism that would avoid a vote on the full legislation.

Obama's Health Plan Gets Kucinich's Vote, Faces Another Delay in Congress President Barack Obama scored a victory in his bid to overhaul the health-care system when a Democratic lawmaker agreed to switch his vote and back the legislation, even as the bill faced delays in Congress.

Obama Skirting Illinois in Campaign Visits as Democrats Confront Scandals President Barack Obama has campaigned for embattled Democrats this year in Massachusetts, Colorado and Nevada. There’s one trouble spot he’s so far stayed away from: his adopted home state of Illinois.

Dodd Chief Counsel Traded Financial Securities as Panel Wrote Crisis Laws Senate Banking Committee Chairman Christopher Dodd’s chief counsel in 2008 traded stock in Morgan Stanley, Wells Fargo & Co., American International Group Inc. and other rescued companies as the panel considered legislation to address the credit crisis, according to her financial disclosure form filed with the Senate.

Bernanke Says Dodd Plan to Limit Oversight Hurts Fed Ability to Spot Risks Federal Reserve Chairman Ben S. Bernanke criticized a proposal in the Senate to limit the central bank’s supervision to the largest financial firms, saying it would undercut its ability to spot financial risks.

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