To avoid the so-called “fiscal cliff, this afternoon House Speaker John Boehner offered a counter-proposal that would reduce the deficit by $2.2 trillion over the next ten years. $800 billion would come from tax reform (closing loopholes, etc.), with the rest coming from different
(AP) GOP issues new ‘fiscal cliff’ offer to ObamaBy ANDREW TAYLORAssociated PressWASHINGTONHouse Republicans on Monday proposed a new 10-year, $2.2 trillion blueprint to President Barack Obama that calls for increasing the eligibility age for Medicare and lowering cost-of-living hikes for
Former Alaska Governor and vice presidential nominee Sarah Palin said the country has already gone over the fiscal cliff and House Republicans should not go “wobbly” or be “wusses” during the fiscal cliff negotiations with Democrats and the White House.
If the recent election taught us anything, it’s that Barack Obama certainly knows how to campaign. While to many of us his speeches were full of seemingly small-bore issues like Sesame Street and contraceptives, these turned out to be perfectly
(AP) Cuomo asks White House, Congress for Sandy aidBy ANDREW MIGAAssociated PressWASHINGTONNew York Gov. Andrew Cuomo is asking the Obama administration and congressional leaders for quick action in approving tens of billions of dollars to help his state recover from
(AP) Stocks edge lower after weak manufacturing reportBy STEVE ROTHWELLAP Business WriterNEW YORKStocks edged lower on Wall Street Monday after a surprisingly weak manufacturing report heightened concern that fiscal deadlock in Washington is already hurting the economy. The Dow Jones
Jake Tapper had a brief exchange with White House spokesman Jay Carney when Tapper challenged that the President didn’t campaign on some of the current specifics of his budget on the trail before the election. Tapper said that the President
On MSNBC’s “Morning Joe,” White House correspondent Chuck Todd revealed that a close aide to President Obama told him “You know, with the way politics of Washington are today, there’d still be slavery.” The only comment Mr. Todd could
WASHINGTON – David Letterman’s “stupid human tricks” and Top 10 lists vaulted into the ranks of cultural acclaim Sunday night as the late-night comedian received this year’s Kennedy Center Honors with rock band Led Zeppelin, an actor, a ballerina and
Following last week’s U.N. vote to recognize Palestinian statehood, Obama seems to have taken the position that it’s somebody else’s problem to deal with going forward. Thus the White House not only shrugs off any desire to punish the Palestinian
(AP) Letterman up for jabs with Kennedy Center HonorsBy BRETT ZONGKERAssociated PressWASHINGTONDavid Letterman’s “stupid human tricks” and Top 10 lists are being vaulted into the ranks of cultural achievements as the late night comedian receives this year’s Kennedy Center Honors
I’m enlisting to fight in Andrew Breitbart’s war. The political class in Washington has degraded America. Republicans and Democrats blame each other, and nothing gets done. The media exacerbates the problem, fans the flames and encourages false notions of “civility”
John McCain, at a farewell for retiring Senator Joseph Lieberman, decided to make some jokes about Lieberman’s orthodox Judaism for the star-studded crowd, which included former vice president Dick Cheney, Secretary of Defense Leon Panetta, Homeland Security Secretary Janet Napolitano,
House Speaker John Boehner says he was “flabbergasted” when Treasury Secretary Tim Geithner (GYT’-nur) pitched the White House plan to save the nation from the “fiscal cliff.”
(AP) Boehner tells Geithner, ‘You can’t be serious’WASHINGTONHouse Speaker John Boehner says he was “flabbergasted” when Treasury Secretary Tim Geithner (GYT’-nur) pitched the White House plan to save the nation from the “fiscal cliff.” Boehner tells “Fox News Sunday” that
Senate Minority Leader Mitch McConnell on Friday said the White House must agree to make structural changes to entitlement programs like Social Security and Medicare now if Republicans decide to include more tax revenue in any budget deal to avoid
Democrats are claiming the 2012 elections gave them a mandate to raise taxes on those making more than $250,000, while House Republicans are arguing Americans kept them in power in the House to permanently extend the Bush tax cuts for
By JILL LAWLESSAssociated PressLONDONThe war on terror is not an endless conflict and the U.S. is approaching a “tipping point” after which the military fight against al-Qaida will be replaced by a law enforcement and intelligence operation, the Pentagon’s top
The United States must prepare for a time when it no longer is at war with Al-Qaeda and when sweeping legal powers ushered in after the September 11, 2001 attacks come to an end, the Pentagon’s top lawyer said. The
(AP) Pressure mounting on Obama over pipeline decisionBy JOSH LEDERMANAssociated PressWASHINGTONEmbarking on a second term, President Barack Obama faces mounting pressure on a decision he had put off during his re-election campaign: whether to approve the $7 billion proposed Keystone
(AP) Mitt Romney’s loss creates GOP leadership vacuumBy STEVE PEOPLESAssociated PressBOSTONMitt Romney’s shadow looms over a Republican Party in disarray. The face of the GOP for much of the last year, the failed presidential candidate has been a virtual ghost
“Politics is the art of the possible.” The quote is attributed to Otto von Bismarck, a man not known for warm and fuzzy relations with political opponents. First as a Prussian general and later as Germany’s first Chancellor, he dominated
Obviously emboldened by his 2012 re-election victory, President Obama has announced his opposition to a new round of even harsher sanctions on Iran, even as Iran moves steadily toward development of nuclear weapons. A bipartisan Senate measure from Robert Menendez
AP: House Speaker John Boehner says bargaining between White House officials and congressional leaders to avoid the fiscal cliff has gone “almost nowhere.” (Nov. 30)
Treasury Secretary Timothy Geithner, President Barack Obama’s point man on the fiscal cliff negotiations, presented Republican leaders a proposal to avoid the fiscal cliff on Thursday, which gives Obama unprecedented powers to raise the debt ceiling whenever he wants. The
