(AP) US consumer confidence falls on fiscal cliff fearsBy PAUL WISEMANAP Economics WriterWASHINGTONU.S. consumer confidence tumbled in December, driven lower by fears of sharp tax increases and government spending cuts set to take effect next week. The Conference Board said
Today, the Senate takes up legislation to reauthorize FISA, the Foreign Intelligence Surveillance Act. The law allows the government to conduct wiretaps without a warrant in certain limited cases. This article is not about this law. It is about how,
Treasury Secretary Timothy Geithner is warning Congress that the U.S. is on the cusp of hitting the debt ceiling yet again, maybe as soon as Monday. Geithner warned the Treasury Dept. will be taking some “extraordinary measures” to prevent borrowing
(AP) – Hawaii Lt. Gov. Brian Schatz on Wednesday was appointed the state’s next U.S. senator, bucking the dying wishes of U.S. Sen. Daniel Inouye to win the support of Gov. Neil Abercrombie. Schatz, a 40-year-old former nonprofit CEO who
With the irresolution on Capital Hill and increasing likelihood of going over the fiscal cliff, doctors should prepare not only for the implementation of Obamacare and associated taxes and paperwork but also for substantial Medicare cuts. Quoting a doctor requesting
(AP) Health care tax hikes for 2013 may be just a startBy RICARDO ALONSO-ZALDIVARAssociated PressWASHINGTONNew taxes are coming Jan. 1 to help finance President Barack Obama’s health care overhaul. Most people may not notice. But they will pay attention if
WASHINGTON, Dec. 25 (UPI) —Congress is unlikely to vote before the current session ends in January on allowing states to tax goods sold online, an aide to Sen. Dick Durbin, D-Ill., says. Durbin said he will introduce the tax again
Lawmakers and President Barack Obama are hurrying back to Washington on Thursday in what appears to be another attempt to avoid going off the fiscal cliff. In order to do that, Congress and the White House must agree on how to
If the Tea Party has been weakened by the November election, why are the mainstream media expending so much effort attacking it? The latest attempt is today’s front-page article by the New York Times, which alleges that the Tea Party
The last few weeks were apparently so much fun, DC has decided to get the gang back together to stage another round of talks on the “fiscal cliff.” Last night, the White House announced that Obama will cut short his
Congress may not want to dump an online sales tax on Americans in the wake of Christmas, but they’re preparing to do so next year. According to Christina Mulka, spokeswoman for Sen. Dick Durbin (D-IL), no bill will be brought
(AP) Health care tax hikes for 2013 may be just a startBy RICARDO ALONSO-ZALDIVARAssociated PressWASHINGTONNew taxes are coming Jan. 1 to help finance President Barack Obama’s health care overhaul. Most people may not notice. But they will pay attention if
(AP) Obama has long work list to tackle when he returnsBy CHARLES BABINGTONAssociated Press WriterWASHINGTONIt’s hardly a secret that Barack Obama, like every president no doubt, muses about his ultimate legacy and spot in the presidential pantheon. He approaches his
While the shooting at Connecticut’s Sandy Hook Elementary School has prompted a national gun control debate, President Barack Obama and Attorney General Eric Holder will still push to allow immigrants to purchase firearms more easily. Normally, the Department of Justice’s
Later this week, roughly two dozen members of the House of Representatives will return to the sad task of clearing out their offices. Some of the departing incumbents deserved to lose. Some did not, and some will be sorely missed.
On ABC’s, This Week With George Stephanopoulos for December 23, ABC political analyst Matthew Dowd uttered one of those phrases that always sounds nice, but is ultimately meaningless. Unfortunately, it is a phrase one hears all the time uttered by those
Will County, IL–Potential Republican candidates in the upcoming special election over embattled former Congressman Jesse Jackson Jr.’s, 2nd district seat expressed optimism in a Will County Republicans meeting last Thursday night. Don’t tell the mainstream media, but so far, all four
On January 3rd, the new 113th Congress will convene for its first day of business. The first action in the House will be electing a Speaker, the chamber’s presiding officer. The vote is conducted by a public roll-call, where each
(AP) Anti-tax conservatives say no to tax-increase dealBy STEVE PEOPLESAssociated PressBOSTONIn the city where a protest over tax policy sparked a revolution, modern day tea party activists are cheering the recent Republican revolt in Washington that embarrassed House Speaker John
(AP) ALEXANDRIA, Va.Idaho U.S. Sen. Michael Crapo was arrested early Sunday morning and charged with driving under the influence in a Washington, D.C., suburb, authorities said. Police in Alexandria, Va., said Sunday that the Idaho Republican was pulled over after
The Wall Street Journal has reported that Barack Obama, petulant as usual, was considering using his State of the Union speech to blame Republicans for the impasse in dealing with the “fiscal cliff.” The Journal wrote: Mr. Obama repeatedly lost
South Carolina Senator Lindsey Graham (R) said Secretary of State Hillary Clinton should and will testify before Congress next month about the events leading up to the terrorist attacks on the U.S. consulate in Libya that killed four Americans, including
The future leadership of the House GOP conference may be decided by a procedural motion on the morning of January 3rd. When the new 113th Congress convenes that day, the first order of business will be to elect a Speaker
The clock is ticking down towards the deadline of the fiscal cliff, and analysts are wondering why Treasury Secretary Timothy Geithner has not taken action on the tax withholding levels in American workers’ paychecks. The Obama Administration has framed its
AP: In the weekly Republican address, House Speaker John Boehner urges Democrats to work with Republicans in Congress on spending cuts and tax reforms. He says, “Hope springs eternal.” (Dec. 22)
