(AP) Fed expected to revamp bond buying programBy MARTIN CRUTSINGERAP Economics WriterWASHINGTONThe Federal Reserve is wrapping up 2012 the way it began the year, searching for ways to help a U.S. economy that is still struggling with high unemployment and
Ben Smith’s BuzzFeed is stumping on behalf of the House members responsible for the purge of top conservatives from committee leadership. They’re accomplishing that trick by having staffers for those House members praise each other. BuzzFeed then reports those comments
House Speaker John Boehner is calling on the White House to offer up a plan for spending cuts in order to avoid the fiscal cliff. Boehner says if Congress enacts the president’s current plan the US would be in the
Senate appropriators are readying a massive $60 billion aid package for states effected by Superstorm Sandy, which struck the East Coast at the end of October. Sources on the Hill tell Breitbart News that the full Senate is expected to
The Osama bin Laden raid film “Zero Dark Thirty” opens in limited release later this month. It has received favorable “buzz” and reportedly focuses on characters that seem based upon the very individuals at the CIA and Pentagon to whom
On September 11 four Americans, including Ambassador Chris Stevens, were murdered in Benghazi, Libya. South Carolina Representative Trey Gowdy has been one of the most outspoken members in Congress about the tragedy. He sat down with Breitbart News to discuss
Despite all the media hullabaloo about the fiscal cliff and a potential recession if none of the Bush tax cuts are extended, stock markets have behaved calmly throughout this whole period. In fact, as of this writing today, the Dow
(AP) Fed is expected to launch new bond buying programBy MARTIN CRUTSINGERAP Economics WriterWASHINGTONWith a nervous eye on the “fiscal cliff,” the Federal Reserve is expected this week to announce a new bond-buying plan to support the U.S. economy. The
(AP) Surprise: New insurance fee in health overhaul lawBy RICARDO ALONSO-ZALDIVARAssociated PressWASHINGTONYour medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under
(AP) Obama says he ‘won’t compromise’ on taxesBy BEN FELLERAP White House CorrespondentREDFORD, Mich.President Barack Obama warned Monday that he “won’t compromise” on his demands that the wealthiest Americans pay higher tax rates, digging in on the chief sticking point
On Monday, President Barack Obama’s Health and Human Services Department declared states that receive federal reimbursement for partaking in the Obamacare Medicaid expansion will have to cover all citizens 133% below the federal poverty line and cannot sign up for a partial
Americans are firmly convinced that the Democrats are the party of giveaways. How do we know? According to a new poll from the Democratic organization Public Policy Polling, 44 percent of Americans think Santa Claus would vote Democrat, against 28
On Monday, President Barack Obama went to a campaign-style rally in Michigan and attempted to put pressure on Congressional Republicans to raise taxes on those making more than $250,000 and railed against Michigan’s recently-passed right-to-work legislation. Obama, instead of negotiating
Even though President Barack Obama has not been “engaged” during fiscal cliff negotiations, and Senate Majority Leader Harry Reid (D-NV) has twice rejected opportunities for the Senate to vote on Obama’s plan to avert the fiscal cliff, Stephanie Cutter, the deputy campaign
Last Friday, Republican Pennsylvania Gov. Tom Corbett said Congress cannot avert the fiscal cliff without raising taxes. “I don’t think they can resolve it without an increase in some taxes, but they have to counterbalance it with entitlement reform and
Senate Majority Whip Dick Durbin (D-Ill.) is offering his heartfelt prediction that U.N. ambassador Susan Rice will be confirmed as the next Secretary of state. The Illinois senator is famous for comparing U.S. treatment of prisoners at Guantanamo Bay to
Yesterday, voters in Louisiana’s 3rd District went to the polls to decide the last Congressional election of 2012. Veteran Congressman Charles Boustany defeated Freshman Congressman Jeff Landry, winning around 60% of the vote to Landry’s 40%. The lawmakers were forced
Sen. Claire McCaskill said on “Morning Joe” that Obama needs to do more schmoozing to Congress (December 5, 2012).
The Elizabeth Warren campaign sent out an email to contributors on Tuesday announcing that it’s broke after spending all the $42 million it raised in its successful effort to unseat Republican Senator Scott Brown. In her email, Senator-elect Warren placed
South Dakota Republican Senator John Thune said Friday that President Barack Obama is “not very engaged” during fiscal cliff negotiations with Congressional leaders, and this is a sign that Obama does not care much about reaching a deal because he
(AP) USDA chief: Rural America becoming less relevantBy MARY CLARE JALONICKAssociated PressWASHINGTONAgriculture Secretary Tom Vilsack has some harsh words for rural America: It’s “becoming less and less relevant,” he says. A month after an election that Democrats won even as
(AP) Obama request for Sandy aid could face hurdlesBy ANDREW TAYLORAssociated PressWASHINGTONPresident Barack Obama’s proposal for $60.4 billion in federal aid for states hit by Superstorm Sandy adds a huge new item to an end-of-year congressional agenda already packed with
(AP) Democrats want jobless benefits in `cliff’ dealBy SAM HANANELAssociated PressWASHINGTONHovering in the background of the “fiscal cliff” debate is the prospect of 2 million people losing their unemployment benefits four days after Christmas. Emergency jobless benefits for about 2.1
As liberals again urged President Barack Obama to invoke the 14th Amendment to the Constitution to raise the debt ceiling without getting approval from Congress, White House press secretary Jay Carney on Thursday said the White House does not believe
Instead of negotiating with Congressional leaders to avert the fiscal cliff, President Barack Obama visited a Northern Virginia family for a photo op on Thursday and reiterated that he would not sign any deal that did not raise taxes on
