|
|
The first thing to know about the group of House Republicans who will determine the fate of Speaker John Boehner’s bill to cut the deficit and raise the debt ceiling is that many of them came to Congress to say no. This Tea Party-infused contingent, many of them freshman, arrived on a wave of frustration [...]
Sorkin was funnier. But here’s a more serious–and therefore more bracing–explanation by a prominent GOP economist. That it comes from a staunchly conservative Republican makes it all the more striking.
When President Obama addressed the nation on Monday night about the stumbling effort to raise the federal borrowing limit, he notably chose not to issue any explicit threat to veto Speaker Boehner’s proposal, which is expected to get a vote in the House on Wednesday. Obama suggested the legislation was undesirable, even unhelpful, but not [...]
The number of times White House Press Secretary Jay Carney used the word “compromise” at Tuesday’s press briefing.
–New England Patriots owner Robert Kraft commenting on the resolution of the NFL lockout
Okay, Japan might not actually slide into the sea. The rest might not be too far off.
As noted on Monday, the Oregon congressman’s troubles were too great, and the allegations against him too severe, for him to remain in Congress much longer. His resignation letter, including a pledge to see through the debt ceiling debacle, below:
On CNN this past weekend, Tim Pawlenty–apparently in his new, unplugged let-Tim-be-Tim mode–more or less taunted the President, saying that Obama’s been “hiding in the basement” and being “chicken” in the debt limit debate, and needs to act more “courageously.” (Any similarity here to Michele Bachmann’s recent television ad denouncing any debt-limit increase and entitled [...]
President Obama declares “stalemate.” His call last night for viewers to contact Congress crashed several websites, including Boehner’s. Wall Street weighs downgrading America. A convincing case for getting rid of AAA ratings altogether.
According to President Obama, Congress has become mired in negotiations to raise the debt ceiling and trim federal deficits. The way ahead is unclear — every path has hurdles, if not roadblocks, obstructing the way. As Congress rapidly approaches the Aug. 2 deadline to raise the debt ceiling and avoid a government default on its [...]
