Responding to sharp criticism from Sen. Ted Cruz, Senate Minority Leader Mitch McConnell said he voted to protect the country from default when he cast the decisive vote advancing the suspension of the debt limit this week. [...]
GOP leaders capitulated completely to Obama's demands to fund the federal budget at fiscal 2013 levels and suspend the debt limit through Feb. 7. by Thomas R. Eddlem [...]
Updated 3:10 p.m. | President Barack Obama and Vice President Joseph R. Biden Jr. plan to meet with the top four congressional leaders in a White House mee [...]
Senate leaders appeared to be closing in on a framework for a deal to avert a default on the nation's debt Monday afternoon that wouldn't address the device tax. [...]
The session follows earlier meetings with other lawmakers and signs of progress in the bitter showdown. [...]
As I noted yesterday, the apparent stand-off over increasing the debt limit is, to paraphrase Seinfeld, real...and it's spectacular. According to [...]
Rank-and-file rebellion increases odds of a government shutdown, and a battle over the debt limit looms. [...]
Hello and Welcome back to the U.S. Presidential News for Wednesday, December 05, 2012. Plenty of stories today, so let's get right to them!
NSA Whistleblower: Everyone in US under virtual surveillance. Bill O'Reilly Bob Costas interview gun control. It sounds to me like Mr. Costas is backpedaling at a fairly brisk pace. NLRB Recess Appointments Go To The Courts. 'The issue before the 7th Circuit U.S. Court of Appeals in Chicago and the D.C. Circuit Court of Appeals is whether the Pres [...]
Here is a quick question for you.
Timothy Geithner and Barack Obama discuss things just hours before the Credit Downgrade
What U.S. President was in office when the United States credit rating was downgraded for the first time in history?
The answer is our current president! That's right, during the evening of 05 August, 2011, Standard & Poor's downgraded the U.S. credit rating from AAA to AA+.
This is what happens when you keep spending dramatically more money than you bring i [...]
The Thomas Jefferson Memorial Statue in Washington, D.C.
"The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first." Thomas Jefferson
With all the debate these days about the debt limit and the "up and down" or the "clean" vote last night (01 June 2011) I thought this quote was quite relevant. Congress overwhelmingly voted to NOT increase the debt ce [...]
Well, it's finally happened. The Congressionally authorized debt limit for the U.S. has been reached today! How long can we keep the flag flying proudly when the country is in this severe of a predicament? What will Americas Next President do about the National Debt? (more…) [...]