Politics

Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases

Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases

According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion–a 41:1 ratio of tax increases to spending cuts.

Merry Cliffmas!

Merry Cliffmas!

Here is a summary of where things stand on the “fiscal cliff,” with just minutes to spare before the midnight deadline, after which the Bush tax cuts will expire and massive automatic spending cuts are implemented. The White House–meaning Vice

Group: Boehner Can't Get Majority of GOP to Back Deal

Group: Boehner Can't Get Majority of GOP to Back Deal

American Majority Action, the conservative group that’s leading the charge against House Speaker John Boehner continuing in his current position, said Monday evening that Boehner doesn’t have at least 50 percent of his House GOP members’ support for the fiscal

Obama's New Economic Normal: Seven Devastating Facts

Obama's New Economic Normal: Seven Devastating Facts

America is entering a new economic normal, a reality where almost everything that should be going up is going down, and everything that should be going down is going up. The United States begins 2013 in uncharted economic waters; America

FBI and Andrew Breitbart Vindicated by New 'Occupy' Explosives Arrests

FBI and Andrew Breitbart Vindicated by New 'Occupy' Explosives Arrests

Two prominent Occupy Wall Street movement activists have been arrested by the New York Police Department for allegedly possessing a cache of weapons and explosive material in New York City’s Greenwich Village. The Occupiers, Morgan Gliedman, 27, and Aaron Greene,

Fiscal Cliff: Third Time Biden Has Negotiated for Obama

Fiscal Cliff: Third Time Biden Has Negotiated for Obama

President Barack Obama delivered remarks from the White House on Monday afternoon on fiscal cliff negotiation progress in Congress, as Democratic and Republican leaders in the upper chamber appeared to iron out major issues pertaining to a fiscal cliff agreement:

American Heroes: Conservative Congressional Republicans

American Heroes: Conservative Congressional Republicans

We often think of “heroes” as people who go above and beyond average expectations, who stand up to those who would cause us harm or destruction, who risk their own interests in order to save something they perceive to be

Exclusive – GOP: Cuts Won't Be Stopped, Despite Dems' Reluctance

Exclusive – GOP: Cuts Won't Be Stopped, Despite Dems' Reluctance

While the Washington Post reports this afternoon that Congress is considering pushing off all cuts under a new deal to avert the fiscal cliff, top Republicans say that is absolutely false. The sequester cuts will either go through now, as

Clinton Most Admired Woman in US for 17th Time

Clinton Most Admired Woman in US for 17th Time

Ailing US Secretary of State Hillary Clinton had something to smile about from her hospital bed Monday when she was named the woman most admired by Americans, for the 17th time. Clinton topped the 2012 list compiled by Gallup, with

Obama Scuttles 'Fiscal Cliff' Deal?

Obama Scuttles 'Fiscal Cliff' Deal?

This afternoon, in one of the more bizarre appearances of his presidency, Barack Obama gave a televised address to a room full of supporters on the “fiscal cliff.” He broke no news, but mocked Congress, and hinted at future tax

Google Hires 'Grand Prophet' of Machine Intelligence

Google Hires 'Grand Prophet' of Machine Intelligence

In December, Google hired as its director of engineering Ray Kurzweil, 64, the “grand prophet” of something called “the Singularity”–the moment when machines will overtake human intelligence to such a level that “human life will be irreversibly transformed.” A graduate

Stocks Turn Up on Hints of 'Fiscal Cliff' Deal

Stocks Turn Up on Hints of 'Fiscal Cliff' Deal

By CHRISTINA REXRODEAP Business WriterNEW YORKOn Monday, the stock market was as choppy as the “fiscal cliff” deal-making that has been yanking it around. U.S. stocks struggled for direction on the last day of the year, with the “fiscal cliff”

Obama Approval Drops Five Points in Week

Obama Approval Drops Five Points in Week

In the wake of his reelection victory last month, President Obama has enjoyed a steady rise in his approval ratings. According to Gallup’s daily tracking poll, Obama’s approval rating reached 58% on December 21st, a 52-week high. Election winners typically

Democrats Balk at Fiscal Cliff Deal

Democrats Balk at Fiscal Cliff Deal

Iowa’s Democrat Senator Tom Harkin is balking at any offer to raise the tax hike threshold from $250,000 annually to $450,000 in late negotiations to prevent the federal government going over the “fiscal cliff.” The most recent offer being considered

10 Most Corrupt Politicians of 2012

10 Most Corrupt Politicians of 2012

Judicial Watch, the public interest group that investigates and prosecutes government corruption, today released its 2012 list of Washington’s “Ten Most Wanted Corrupt Politicians.” The list, in alphabetical order, includes: Rep. Vern Buchanan (R-FL) Secretary of Energy Steven Chu Secretary

Exclusive – Source: Chances of Fiscal Cliff Deal 'Pretty Strong'

Exclusive – Source: Chances of Fiscal Cliff Deal 'Pretty Strong'

Today, a high ranking source in the Senate informed Breitbart News that the chances of a Congressional deal being cut to avoid the fiscal cliff were “pretty strong,” despite President Obama’s deep desire to push America off the fiscal cliff.

Progress seen in last-minute 'fiscal cliff' talks

Progress seen in last-minute 'fiscal cliff' talks

(AP) Progress seen in last-minute ‘fiscal cliff’ talksBy ALAN FRAM and JULIE PACEAssociated PressWASHINGTONDemocrats and Republicans say signs of progress are emerging in urgent negotiations to avert the looming `fiscal cliff’ ahead of a midnight deadline. A person familiar with

RGIII: Only Man Who Can Solve Fiscal Cliff

RGIII: Only Man Who Can Solve Fiscal Cliff

Yesterday, he only threw for 100 yards against the Dallas Cowboys, but it was enough to lift the Washington Redskins to an unlikely NFC East division title and a spot in the NFL playoffs. Today, all Robert Griffin III would

As 'Fiscal Cliff' Draws Near, Obama Leaves Negotiations to… Biden

As 'Fiscal Cliff' Draws Near, Obama Leaves Negotiations to… Biden

In the final hours before the “fiscal cliff” becomes a reality, President Barack Obama has left talks to… Vice President Joe Biden, who is reported to be negotiating directly with Senate Majority Leader Mitch McConnell (R-KY). The Hill reported yesterday: “McConnell

Marine to Gun-grabber Di Feinstein: 'No Ma'am'

Marine to Gun-grabber Di Feinstein: 'No Ma'am'

Joshua Boston, a retired Corporal in the U.S. Marine Corps, has a message for Senator Dianne Feinstein (D, CA) concerning her newest gun banning bill. Corporal Boston says, “No Ma’Am.” Boston posted an open letter to Senator Feinstein at CNN’s

Yes Mr. Obama, There Will Be Resistance

Yes Mr. Obama, There Will Be Resistance

While appearing on Meet the Press on Dec. 30th, President Obama pledged to make gun control one of the central aims of 2013. He said he knows it won’t be easy — that “there will be resistance” — but that

Time for Gun-Free Politician Zones?

Time for Gun-Free Politician Zones?

Gun-Free School Zones have cost untold innocent lives since their implementation. And now, with so many Americans rallying behind the idea of armed guards and/or teachers in schools in the wake of the Newtown shooting, Political Media’s Larry Ward wonders

Lawmakers Leave Capitol Without a Deal

Lawmakers Leave Capitol Without a Deal

Washington D.C. lawmakers in both chambers left the capitol on early Sunday night after negotiations to avoid the fiscal cliff fell apart in the Senate. Senate Majority Leader Harry Reid (D – NV) said there is “still time left to

Black Grassroots Activist: Jesse Jackson Family 'Traitors' to Chicago

Black Grassroots Activist: Jesse Jackson Family 'Traitors' to Chicago

Congressman Jesse Jackson Jr.’s wife Sandi, a Chicago alderman, was called a traitor to the community by local grassroots activist Mack Glover. Glover’s accusation came during a December meeting about the housing and foreclosure problems in the black communities of

Secretary of State Clinton Hospitalized with Blood Clot: Spokesman

Secretary of State Clinton Hospitalized with Blood Clot: Spokesman

(Reuters) – U.S. Secretary of State Hillary Clinton was sent to the hospital on Sunday with a blood clot stemming from a concussion she suffered earlier this month and was being assessed by doctors, a State Department spokesman said. “In

Obama Seizing Sole Authority for US Defense

Obama Seizing Sole Authority for US Defense

In an attempt to seize total control over national security and bypass congress, a frightening new step by the Obama Administration is coming into play. As noted in Friday’s Wall Street Journal in an op-ed by John Bolton and John