Former GOP Vice Presidential nominee Rep. Paul Ryan (R-WI) says he believes the “concept” of an Internet tax is correct but that “it’s got to be done the right way.” In an email to The Hill, Ryan said, “I think
The White House budget office is using an obscure budget rule to restore $5 billion in sequester-related cuts. The recalculation trick will mean the State Department will no longer have to furlough employees, will spare the Pentagon $4 billion in
On Friday, President Barack Obama’s Chairman of the Council of Economic Advisers Alan B. Krueger took a victory lap of sorts after the Labor Department’s jobs report showed the U.S. added 165,000 nonfarm payroll jobs in April. “Today’s employment report
Among the issues Mexican President Enrique Peña Nieto may wish to discuss with President Barack Obama during his Mexico visit is little-noticed border crossing tax language tucked inside Obama’s 2014 budget. “Buried deep in the section relating to the Department
The Federal Reserve’s monthly buying of $85 billion in bonds (known as quantitative easing), combined with today’s upwardly revised February and March job gains, powered the Dow to a record 15,000. The Fed’s “massive quantitative easing is clearly driving up
The Center for Investigative Reporting’s (CIR) review of internal Veterans Affairs documents reveals that the number of veterans waiting for disability compensation has increased 2000% under President Barack Obama. “The ranks of veterans waiting more than a year for their
Conservative spokesman and communications professional Ron Meyer, 23, has filed to run for U.S. Congress in Virginia’s 11th District. Meyer, who in the event of winning would meet the legal age requirement for Congress by the time of his swearing
Facebook founder Mark Zuckerberg’s political advocacy group, Fwd.us, has enlisted heavyweights like Google Executive Chairman Eric Schmidt and Al Gore’s business partner, John Doerr, to help push for immigration reforms that will benefit the tech industry’s heavy reliance on foreign
Today, President Barack Obama plans to nominate former Citigroup chief and Obama campaign fundraiser Michael Froman as the next U.S. Trade Representative. Froman, who bundled between $200,000 and $500,000 for Obama’s campaigns, was the former head of CitiAlternatives. In his
Today, President Barack Obama plans to nominate one of his top campaign donors to become secretary of the Commerce Department. Billionaire Hyatt hotel heiress Penny Pritzker, whom Forbes ranks as the 277th richest person in America, bundled at least $904,957
A new poll conducted by global management firm Accenture finds that 41% of U.S. workers who graduated from college in the last two years are underemployed and working in jobs that did not require a college degree. The poll also
President Barack Obama’s status as an avid golfer is apparently internationally known. Newly released documents by the State Department show that former French President Nicolas Sarkozy gave President Barack Obama almost $40,000 in luxury designer gifts, including a $7,750 Hermes
With almost 100 Guantanamo prisoners now on a hunger strike to protest the alleged mistreatment of Korans, President Barack Obama announced on Tuesday plans to “re-engage” Congress to fulfill his failed campaign promise of shutting down the terrorist detention facility.
Sen. Diane Feinstein’s husband Richard Blum won a construction contract for California’s high-speed rail project, reports the California Political Review. Author Laer Pearce says Perini-Zachary-Parsons, a construction group partially owned by Blum’s investment firm, Blum Capital, and their investors, bagged
Rep. Jason Chaffetz (R-UT) vowed Monday night to mount a battle to overturn Congress and President Barack Obama’s roundly criticized recent decision to gut the Stop Trading On Congressional Knowledge (STOCK) Act. In a joint appearance on CNBC’s Kudlow Report
President Barack Obama used his weekly radio and Internet address to blast Republicans for relieving air-traffic delays from sequester-related furloughs while “inflicting pain on the public” by imperiling poor children, hungry seniors, and workers. “They may not feel the pain
Newly released Federal Election Commission (FEC) figures reveal that $18 million of the $43 million President Barack Obama raised for his second inauguration came from corporations, unions, and interest groups. In 2009, Obama banned corporate donations to his first inauguration. After reversing his position
After being featured Tuesday on The Daily Show with Jon Stewart, Breitbart News contributor and Government Accountability Institute President Peter Schweizer once again found himself the focus of national media in a 60 Minutes Sunday report highlighting his work uncovering
On Thursday, the Boston Herald reported that the Federal Communications Commission (FCC) refused to answer questions about whether Boston terror suspects Tamerlan and Dzhokhar Tsarnaev had a government-paid cellphone because of privacy laws. The Herald reported Wednesday that “Tamerlan Tsarnaev,
Critics of lawmakers using DC information for Wall Street pay dirt found an unlikely ally Tuesday night: Jon Stewart, the host of the left-leaning Daily Show. Stewart lambasted Congress and President Barack Obama for quietly killing a key provision of
Since the September 11, 2001 terrorist attacks, the number of Saudi Arabian students studying in the United States has jumped over 500%–climbing from 5,579 in the 2001-2002 school year up to 34,139 in 2011-2012. Saudi national Hani Hanjour was in
A new poll by the Huffington Post finds that Americans are less concerned about the environment today than they were in 1971 when Earth Day began. The poll, conducted by Huffington Post’s polling partner YouGov, found that just 39% of
Sen. Harry Reid (D-NV), Walmart, Amazon, and some Republicans are fighting to ram through an Internet sales tax bill to raise revenues and crush smaller e-commerce competitors. The “Marketplace Fairness Act” (S. 743), a retread of a bill introduced in
In a historic shift, the Bureau of Economic Analysis (BEA) says in July it will reconfigure the way it calculates government statistics in ways that will instantly make the U.S. economy appear 3% larger than it does presently. “We are
As media ruminate about Dzhokhar and Tamerlan Tsarnaev’s possible motives in the Boston Marathon terrorist attacks, one that can be laid to rest is any suggestion that the U.S. has failed to assist financially the countries associated with the ethnic
Anzor Tsarneaev, the father of the suspected Boston terrorists Dzhokhar and Tamerlan Tsarneaev, reportedly warned that “all hell will break loose” if his son, who is still at large, is killed. I learned about the incident from TV. My opinion is:
According to Politico, President Barack Obama has never “said the word ‘Chechnya’ publicly.” The publication points out that other past presidents have remained relatively quiet about Chechnya due to the Russian leadership’s sensitivity over the subject: “President Barack Obama and
Sen. John Thune (R-SD) and Rep. Marlin Stutzman (R-IN) introduced a bill on Thursday that would streamline the food stamp program (officially known as the Supplemental Nutrition Assistance Program, or SNAP) to save taxpayers $30 billion over 10 years. “Since
In his 2012 State of the Union Address, President Barack Obama urged members of Congress to pass the STOCK (Stop Trading On Congressional Knowledge) Act, a bill to ban insider trading for members of Congress and their staffs and to
Federal welfare programs now account for one-sixth of the federal budget ($588 billion), a figure that does not even include unemployment benefits, Social Security, and Medicare, reports Bill Frezza of Forbes. The bleak Obama economy, however, is only factor driving
The Obama Administration cut the budget for domestic bomb prevention by 45%, according to former Homeland Security Assistant Secretary for Infrastructure Protection Robert Liscouski. In an interview with the Daily Mail, Liscouski said under President George W. Bush the Department
Sen. Max Baucus (D-MT) warned he sees “a huge train wreck coming down” with the implementation of the Affordable Care Act, known to its critics as Obamacare. The candid comments came during a Wednesday hearing with Obama’s Health and Human Services
The House Committee on Transportation and Infrastructure will hold a hearing today to review a Government Accountability Office (GAO) study on whether the building of additional federal courthouses is justified. The Judiciary’s 5-year Courthouse Project Plan lists 12 projects that
The head of the House Democratic Caucus, Rep. Xavier Becerra (D-CA), said on Tuesday that the sequester’s $85 billion slowdown in the rate of federal spending growth is hurting Boston’s ability to respond to Monday’s terrorist attack, which claimed at
Last week, the House and Senate passed a bill that would gut a key provision of the popular STOCK (Stop Trading On Congressional Knowledge) Act that bans congressional insider trading and increases financial transparency for lawmakers, members of the executive
Foreign demand to buy up U.S. debt rose to a record level in February, as China and Japan jockey to be the top foreign owner of the record $5.66 trillion in foreign holdings of U.S. securities. Currently, China holds $1.22
On Monday, gold prices nosedived to their worst two-day loss since 1983, breaking below $1,400–far removed from a September 2011 high of $1,920. “There are a lot of people throwing up their hands. Throwing positions overboard. Panic is everywhere,” said
