WASHINGTON — Congress and the president are set to reduce the federal deficit in the least popular ways possible, according to data from a new Bloomberg News poll. The survey, released Thursday and Friday, found that the most popular options for reducing the deficit was cutting Social Security benefits for high-income earners, with 64 percent [...]
WASHINGTON — The Senate narrowly averted another shutdown of the Federal Aviation Administration Thursday, passing a temporary funding bill that Democrats saw as evidence Republicans are feeling heat from the public over obstructionist tactics. Sen. Tom Coburn (R-Okla.) had threatened to block the bill after the GOP-led House added it to a larger temporary extension [...]
WASHINGTON — The Democratic National Committee was not kidding when it hinted last month that fundraising would slow down from the torrid pace set during the first half of the year. After pulling in more than $10 million in each of the previous three months, the committee raised only $6.7 million in July, according to a [...]
WASHINGTON — As a “supercommittee” tries to find $1.5 trillion in new deficit cuts this fall, Republicans will be pressing a far more ambitious goal: passing an amendment to the Constitution to require a balanced federal budget. The idea is being pushed most forcefully by conservative activists eager to shrink the government and its spending [...]
WASHINGTON — For the dozen lawmakers tasked with producing a deficit-cutting plan, the threatened “doomsday” defense cuts hit close to home. The six Republicans and six Democrats represent states where the biggest military contractors – Lockheed Martin, General Dynamics Corp., Raytheon Co. and Boeing Co. – build missiles, aircraft, jet fighters and tanks while employing [...]
Glenn Beck mocked Chris Matthews’ enunciation on his radio program on Tuesday, speculating that the MSNBC host was intoxicated on air. Beck laughed at Matthews’ speech in an audio clip of the MSNBC discussing the debt ceiling agreement. He and co-hosts Pat Gray and Stu Burguiere laughed at Matthews’ unique pronunciation of certain words. While the [...]
Arianna appeared on the Wednesday edition of MSNBC’s ‘The Last Word With Lawrence O’Donnell’, sharing her views on President Obama’s role in the nation’s debt ceiling deal. “I think he needs intense therapy, to explain to himself first of all why he did what he did, because there is no rational explanation. There is no [...]
WASHINGTON — This week’s big debt deal has left progressives despairing over a disconnect between Washington and the rest of the country that they say has possibly never been wider. Their concern arises from the fact that while the country suffers from a sputtering economy and a grinding jobs crisis, elected officials are celebrating the [...]
During an appearance on Fox News’ “Hannity” on Tuesday night, Sarah Palin shared her take on a criticism Vice President Joe Biden reportedlydirected at the Tea Party earlier this week. According to Politico, Biden suggested that Tea Party-backed lawmakers “acted like terrorists” incontentious debate over raising the debt ceiling in a meeting with House Democrats. “If we were [...]
WASHINGTON — The proposed compromise between congressional negotiators and the White House to increase the nation’s borrowing limit would cut spending by more than $2 trillion, but the deal would also increase federal spending on higher education. The Budget Control Act of 2011, which is expected to be voted on by the House of Representatives on [...]
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