Everyone needs to slow down with these allegations that Rupert Murdoch’s News of the World hacked into the phones of 9/11 victims. On Wednesday, New York Republican Pete King sent a letter to FBI chief Robert Mueller “to urge that the FBI immediately commence an investigation of News Corporation pertaining to recent media reports” of [...]
The most important news to emerge from the Federal Reserve’s June meeting and Chairman Ben Bernanke’s Wednesday testimony before Congress is that the central bank is open to taking further action to juice the economy if the recovery remains stalled, and that the Federal Open Market Committee is divided on what to do. Another round [...]
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Updated There’s currently a lot of movement on the chess board of Washington’s debt ceiling game, and much of that action has one goal: returning the pieces back to their original positions — the king next to the queen and the pawns all in a row. Senate Minority Leader Mitch McConnell’s startling proposition on Tuesday [...]
This letter from Big Business to all of Washington’s political leaders urging a speedy resolution to the debt limit debate was partly in response to a push by the Obama administration to up pressure for a deal. In recent days the White House and Treasury Department have been in contact with top business lobbyists and [...]
I’ve received quite a few responses to last week’s print column about Head Start. In the next print edition, you’ll see responses from HHS Secretary Katherine Sibelius and others defending the program–even though none dispute the results of the HHS study, which shows it doesn’t work. Some individuals vehemently defend the Head Start centers that [...]
On Tuesday, as congressional leaders and President Obama fought a public battle over cutting spending and increasing revenue, Rep. Paul Ryan was elsewhere, leading a discussion over an issue that just happens to be at the center of the current debate over national debt: Medicare spending. Ryan, GOP chairman of the House Budget Committee, recently [...]
The Obama campaign and the DNC raised $86 million in the second quarter, more than twice the combined haul of the Republican presidential field. In a video, campaign manager Jim Messina told supporters the funds came from 552,462 donors who made average contributions of $69. There’s probably only one scenario where the debt ceiling talks [...]
Ahmed Rashid, as usual, provides the best and most personal assessment of Ahmed Wali Karzai’s death.
As the U.S. hurtles toward a potential debt-limit default that would shake the fragile economy, the chasm between the two parties widened on Tuesday, as Republican opposition to tax increases calcified and Democrats bristled at the inclusion of cuts to entitlement-program beneficiaries without “shared sacrifice” from the wealthy. After meeting for more than 90 minutes [...]
