Category Archives: Democrat

Senate rejects attempt to prevent debt ceiling hike

Full Story at CNN.com WASHINGTON (CNN) — The Democratic-controlled U.S. Senate on Thursday rejected a measure that would have prevented a $1.2 trillion increase in the debt ceiling, putting an end to legislative debate on the politically contentious issue until after the November presidential election. A procedural motion to move forward with the bill was [...]

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Obama pushes campaign themes in Arizona and Iowa

Full Story at CNN.com (CNN) — President Barack Obama on Wednesday launched a three-day visit to five battleground states in the November election by pressing State of the Union themes of core American values and having the wealthy pay more taxes. At an Iowa manufacturing plant that he said represented the kind of job creation [...]

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House to vote Tuesday on Senate payroll tax plan

Full Story at CNN.com Washington (CNN) — House Republican leaders put off until Tuesday a vote on a Senate plan to extend the payroll tax cut and said they were willing to work until the end of the year to negotiate a compromise with Senate Democrats. The vote had been expected Monday night, but after [...]

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Are the Dems done with Wall Street?

Full Story at CBS. News Jon Corzine’s testimony before the House agriculture committee may mark the definitive end to the Democratic party’s love affair with Wall Street. Once upon a time, Wall Street bankers were Republicans. Not terribly ideological, they preferred whenever possible a minimum of taxation, regulation, and government in general, but they didn’t [...]

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Senate blocks nominee to lead financial protection agency

Full Story at FirstRead.msnbc.msn.com The Senate blocked confirmation on Thursday of Richard Cordray, the former Ohio attorney general picked by President Obama to lead the new Consumer Financial Protection Agency. Democrats fell short of the 60 votes they needed in a procedural vote to move forward with the nomination of Cordray. Senate Republicans had spoken [...]

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Democrats to offer payroll tax cut compromise

Full Story at CNN.com Washington (CNN) — Democrats on Monday will propose a compromise plan to extend the payroll tax cut that includes a “serious” way to pay the more than $200 billion price tag, the chairman of the Senate Budget Committee says. Senate Majority Leader Harry Reid, D-Nevada, will introduce the compromise proposal Monday [...]

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Why Congress can’t save the Postal Service

Full Story at money.cnn.com WASHINGTON (CNNMoney) — There’s one thing that turns some Tea Party Republicans into government-job lovers like their Democratic rivals: Their neighborhood post office. In fact, the U.S. Postal Service’s reach into every state and congressional district is a big reason why Americans shouldn’t expect Congress to make the drastic changes that [...]

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Senate Democrats offer veterans jobs bill, without millionaire’s surtax

Full Story at Senate CNN.com Washington (CNN) — Senate Democrats proposed Friday tax incentives for businesses hiring veterans as well as job training for all service members leaving the military. The measure was unveiled as the next piece in President Obama’s jobs bill and as a remedy to unemployment among veterans. “It would basically make [...]

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Senate blocks $60B part of Obama jobs plan

Full Story at FirstRead.msnbc.msn.com The Senate on Thursday blocked another portion of President Obama’s jobs plan, a $60 billion bill to fund infrastructure projects around the country. This is the second piece of the president’s proposal to be voted on and rejected in the Senate. The bill would have invested $50 billion dollars to fund [...]

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Why Rick Perry’s presidential bid is toast

Full Story at CNN.com When Rick Perry announced he was running for president back on August 13, to tell you the truth I got a little excited. Now I know what you’re thinking — James you are a big Democrat, why on earth would you be excited about Perry running for president? And as Ricky [...]

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Senate Dems press ahead with latest piece of j

Full Story at First Read.msnbc.msn.com Senate Democrats on Friday rolled out the next phase in their push to pass individual parts of President Obama’s jobs bill: a $60 billion bill to invest in infrastructure projects around the country. In a conference call less than 24 hours after the Senate blocked a jobs bill for teachers [...]

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Lawmakers open to changes in military benefits

Full Story at msnbc.com WASHINGTON — The government’s promise of lifetime health care for the military’s men and women is suddenly a little less sacrosanct as Congress looks to slash trillion-dollar-plus deficits. Republicans and Democrats alike are signaling a willingness — unheard of at the height of two post-Sept. 11 wars in Iraq and Afghanistan [...]

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