Slowing tax revenues and a historic bailout of the U.S. financial system will send the budget deficit soaring toward $1 trillion this year, President-elect Barack Obama said yesterday, and the red ink stands to get substantially deeper if Obama wins

Journalists have been barred from the battle zone in Gaza, but they are given full access to sites in Israel hit by Hamas rockets.

The Obama administration approached Dr. Sanjay Gupta, CNN's chief medical correspondent, about becoming U.S. surgeon general, according to sources inside the transition and at CNN.

After 37 years on Capitol Hill, Pete Rouse, Barack Obama's Senate chief of staff cum White House senior adviser-in-waiting, is known for three things: his mastery of the job (as former Senate minority leader Tom Daschle's chief of staff, Rouse became

Naturally, Vogue has a few ideas about what Michelle Obama should wear to the inauguration. Because the future First Lady has worn up-and-coming designers like Thakoon and Jason Wu, they asked a few other Vogue Fashion Fund designers for some sketc

Will Ferrell, the man who invented "strategery" and other Bushisms, is taking his spoofs of the 43rd president to Broadway and HBO.

Despite high approval ratings as Florida governor and a reputation as a master of policy, he says he will focus on his family and real estate business. Without him, GOP faces stiff battle for seat.

Jan. 7, 2009--Obama's top-shelf cabinet shows how much we have changed.

Jan. 7, 2009--Financial resolutions you can actually keep.

Jan. 6, 2009--Despite another loss in Minnesota, Republicans can begin their rebuilding with its 41 seats in the Senate.