Government Policy and Law

Republican leaders, with no extra time before a default threatened for tomorrow, voiced optimism that Congress will pass a compromise with President Barack Obama to raise the U.S. debt limit by at least $2.1 trillion …

Gov. Terry Branstad will travel to Chicago on Thursday and Friday to highlight economic opportunities in Iowa, the governor’s office announced today.

He will talk to Illinois-based businesses that currently have operations in Iowa, and …

Congressional leaders, leaving no extra time before a default threatened for tomorrow, are racing to push through a compromise sealed with President Barack Obama last night to raise the U.S. debt limit by at least …

The CEOs of the nation’s leading banks, including Goldman Sachs Goup Inc. and JPMorgan Chase & Co., sent a letter to the White House and Congress today urging them to hurry up and reach a …

Today’s planned noon appearance by presidential candidate and Michigan U.S. Rep. Thaddeus McCotter has been postponed, the Greater Des Moines Partnership announced.

McCotter chose to stay in Washington, D.C., for the impending vote on the …

Will the sky fall on Aug. 2 if Congress fails to raise the debt ceiling?

Not likely, according to analysts interviewed by Reuters. They say that even without the ability to borrow more money, the …

The Polk County Board of Supervisors plans to take action to appoint David Jones as Polk County administrator tomorrow.

Jones is currently serving as county administrator of Tazewell County, Ill. He previously served as the …

The United States edged closer today to a devastating default as President Barack Obama’s Democrats and their Republican rivals remained deadlocked over competing plans to raise the debt ceiling, one week before a deadline to …

The U.S. Department of Agriculture (USDA) said today that food inflation will persist in 2012, with prices expected to increase 2.5 percent to 3.5 percent, MarketWatch reported.

The cost of food at supermarkets and restaurants …

House Speaker John Boehner’s two-step debt limit plan would raise the U.S. borrowing limit by up to $1 trillion and later by $1.6 trillion, Bloomberg reported, based on interviews with Republican Party aides.

The plan …