The Republican-led House voted along party lines late Tuesday to pass a “cut, cap and balance” bill in a 234-to-194 vote. The measure is largely symbolic as it will likely die in the Senate and the President has said he would veto it. Regardless, the bill set the stage for political posturing among both parties […]
In a press briefing Tuesday, Senate Majority Leader Harry Reid D-Nev. blasted the Republican Proposal to reduce the deficit. He went on to say that the partisan debate will continue as long as Republicans try to make a one-sided budget.
By Vanessa Remmers NFL quarterback Michael Vick threw his support behind the Animal Fighting Spectator Prohibition Act along with CEO and President of the Humane Society Wayne Pacelle Tuesday. The legistlation, sponsored by Rep. Tom Marino (R-PA) and Betty Sutton (D-Pa), makes it illegal to both be a spectator and bring a child to an […]
By Phillip Bunnell Sen. Rand Paul (R-Ky.) again today voiced his support for a balanced budget amendment and his opposition to Senate Minority Leader and fellow Kentucky Republican Mitch McConnell’s plan to raise the debt ceiling. “I think that takes too much power away from Congress,” he said. “I think that gives too much power […]
Chairman of the House Democratic Caucus John Larson D-Conn. and Vice-Chair Xavier Becerra D-Calif. blast House Republicans for walking out on budget negotiations.
By Kenneth R. Bazinet The House GOP is set to approve today its dead-on-arrival “Cut, Cap and Balance” plan to raise the debt ceiling, but the more mainstream Republicans in the newly reformed bipartisan Senate ‘Gang of Six’ are proposing a popular $4 trillion in cuts over the next decade. President Obama called the Gang […]
A number of conservative organizations are mobilizing against a proposal from Senate Minority Leader Mitch McConnell (R-Ky.) to allow President Barack Obama to raise the debt ceiling three times before the 2012 election. On Tuesday, the heads of FreedomWorks, Club for Growth, Action Majority, Let Freedom Ring and RedState.com sent a collective letter to Republican […]
A strong majority of Americans want to see lawmakers compromise on a deal to raise the debt ceiling, according to a new Gallup poll. 66 percent of respondents said they want those in Congress to “agree to [a] compromise plan, even it if it is a plan you disagree with” as opposed to 27 percent […]
Vanessa Remmers One year after the passage of Wall Street reform legislation, Treasury Secretary Tim Geithner credited the Dodd-Frank Act Monday for strengthening the economy. “We had a financial crisis … that caused a huge blow to the credibility internationally of the American financial system,” Treasury Secretary Timothy Geithner said during an appearance with the […]
UPDATE – Sen. Tom Coburn (R-Okla.) introduced a deficit reduction plan, tagged as Back In Black, that his senior aides are calling a menu of items for lawmakers to look at and choose from in attempting to reach a deal to rise the country’s debt limit by August 2. Coburn’s plan was self-descirbed as an […]