Category Archives: Federal

US government loses triple-A credit rating

By doris | Published: August 6, 2011

Full Story at msnbc.com WASHINGTON — The United States lost its top-notch AAA credit rating from Standard & Poor’s Friday in a dramatic reversal of fortune for the world’s largest economy.S&P cut the long-term U.S. credit rating by one notch to AA-plus. The credit agency said it was making the move because the deficit reduction [...]

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Washington strikes deal on debt ceiling

By doris | Published: August 1, 2011

Full Story at msnbc.com WASHINGTON — Ending a perilous stalemate, President Barack Obama and congressional leaders announced a historic agreement Sunday night on emergency legislation to avert the nation’s first-ever financial default. The dramatic resolution lifted a cloud that had threatened the still-fragile economic recovery at home — and it instantly powered a rise in [...]

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Aging of America is real enemy of GOP drive to cap spending

By doris | Published: July 22, 2011

Full Story at news.Yahoo.com With their vote this week to impose strict limits on future federal spending, House Republicans continued an argument not so much with Democrats as with demography. The real current they are seeking to reverse is not some ideological drive from President Obama to convert America into Sweden; it’s the inexorably rising [...]

Also posted in Democrat, Presidental, Republican, Spending, SSI | Leave a comment

Dems target six Republicans on corruption

By doris | Published: July 6, 2011

Full Story at CBSNews.com Democrats are launching a series of robocalls today against six vulnerable House Republicans who have been caught in ethics scandals. As part of the Democrats’ campaign to win back the House, the robocalls focus on six relatively new GOP members: Reps. Scott Tipton of Colorado, David Rivera of Florida, Frank Guinta [...]

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Obama: ‘Nothing can be off-limits’ in budget

By doris | Published: July 4, 2011

Full Story at msnbc.com WASHINGTON — President Barack Obama said Saturday that “nothing can be off-limits” in the budget debate — even though Republicans have said tax increases are. The president said every tax break and federal program must come under scrutiny. With an Aug. 2 deadline looming to raise the government borrowing limit, the [...]

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Senate rejects plan to delay cap on debit fees

By doris | Published: June 8, 2011

Full Story at msnbc.com WASHINGTON — The U.S. Senate rejected on Wednesday a measure to delay a cap on what banks can charge merchants when a debit card is used. The vote was a major defeat for the banking industry, which stands to lose billions of dollars when the cap goes into effect later this [...]

Also posted in Bank, Bill, Card, Law, Senate | Leave a comment

Chevrolet Volt earns top gov’t safety rating

By doris | Published: June 4, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — The Chevrolet Volt earned a top five-star rating in thee federal government’s new, tougher crash test rating system. Under the National Highway Traffic Safety Administration’s new rating system, all vehicles are given a single rating of one to five stars encompassing front and side impact safety as [...]

Also posted in Car, Electric, Government, Protection | Leave a comment

Kerry’s star rises with global conflicts

By doris | Published: May 18, 2011

Full Story at CNN.com Washington (CNN) — Whenever a conflict pops up around the world, he has become the go-to guy, either rolling up his sleeves in the Senate or flying from hot spot to hot spot. John Kerry is, after all, the chairman of the Senate Foreign Relations Committee, holder of one of the [...]

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Washington state cancels 2012 presidential primary

By doris | Published: May 14, 2011

Full Story at msnbc.com OLYMPIA, Wash. — Washington state has canceled its 2012 presidential primary. Gov. Chris Gregoire approved a bill Thursday to skip the primary after state leaders agreed that it would be better to save the $10 million it costs to manage the vote. Democrats and Republicans in the state typically rely on [...]

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Judge blocks enforcement of Utah immigration law

By doris | Published: May 11, 2011

Full Story atCNN.com (CNN) — Less than 24 hours after going into effect, a Utah federal judge blocked a strict state immigration enforcement law Tuesday afternoon. U.S. District Judge Clark Waddoups issued a temporary restraining order, granting the request by a long list of plaintiffs, including the American Civil Liberties Union and the National Immigration [...]

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Shutdown: 800,000 federal workers in the dark

By doris | Published: April 7, 2011

Full Story at money.cnn.com The budget stalemate between Congress and President Obama has raised the specter of a shutdown at the end of Friday. If they don’t reach a deal, the government will shift to performing only “essential operations.” It’s likely that more than 1 million essential employees will be asked to come to work [...]

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Pentagon: Government shutdown threatens military families

By doris | Published: April 4, 2011

Full Story at CNN.com Washington (CNN) — The Department of Defense says that if the government shuts down for an extended period, troops including those fighting in Afghanistan and Iraq will not be paid on time, according to a senior defense official. The threat adds to the pressure the Pentagon is trying to put on [...]

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