Category Archives: Lawmakers

Weak growth. Monster debt. Which to tackle first?

Full Story at money.cnn.com NEW YORK (CNNMoney) — It’s easy to read the latest budget outlook from the Congressional Budget Office as further proof that the United States really needs to get serious about dealing with the national debt. But if that’s all that lawmakers take away, they will have missed a big point. The [...]

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Perry says no to ‘Obamacare,’ but what’s his plan?

Full Story at msnbc.com WASHINGTON — With the highest percentage of uninsured residents, Texas would be one of the biggest beneficiaries of President Barack Obama’s health care overhaul. But Gov. Rick Perry blocked moves to lay the groundwork for expanded coverage. And among the alternatives he’s supported is an untested regional solution that could put [...]

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First Thoughts: Dog days

Full Story at FirstRead.msnbc.msn.com Another “dog days” of August for Obama… The good news: He has time to heal his wounds; the bad news: he has yet another hole to climb out of… Obama again talks about the economy and political brinksmanship… S&P is back in the spotlight (and not in a favorable way)… Vacation [...]

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Defense cuts loom large for ‘super committee’

Full Story at msnbc.com WASHINGTON — For the dozen lawmakers tasked with producing a deficit-cutting plan, the threatened “doomsday” defense cuts hit close to home. The six Republicans and six Democrats represent states where the biggest military contractors — Lockheed Martin, General Dynamics Corp., Raytheon Co. and Boeing Co. — build missiles, aircraft, jet fighters [...]

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The post-Ames, post-Pawlenty GOP field

Full Story at CNN.com Ames, Iowa (CNN) — Republican contenders faced an altered political landscape Sunday in the race for the presidential nomination as Minnesota Rep. Michele Bachmann surfed a wave of attention coming off the Ames Straw Poll and former Minnesota Gov. Tim Pawlenty dropped out. “We needed a boost from Ames that didn’t [...]

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Appeals court strikes health insurance requirement

Full Story at msnbc.com WASHINGTON — A federal appeals panel struck down the centerpiece of President Barack Obama’s sweeping health care overhaul Friday, moving the argument over whether Americans can be required to buy health insurance a step closer to the U.S. Supreme Court. The divided three-judge panel of the 11th Circuit Court of Appeals [...]

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Where are the Democrats’ ideas?

Full Story at CNN.com (CNN) — When Sen. Ted Kennedy died in August 2009, many Democrats wondered who would replace him as the voice of modern liberalism. With a Democratic president who was then fighting for an ambitious health care program, many felt Barack Obama would be that voice. But over the past few months [...]

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A breakdown of the debt-limit legislation

Full Story at First Read.msnbc.msn.com For those looking for what is in the bill that passed Congress today and the president signed, ending a months-long stalemate between the two parties, here’s a breakdown below. (Click here for the full legislation.) The Budget Control Act of 20111. Ten-year discretionary caps with sequestera. Enforces limits on discretionary [...]

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Washington strikes deal on debt ceiling

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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Feds get a dose of kitchen-table economics

Full Story at msnbc.com WASHINGTON — The debt crisis has brought the government to the “kitchen table” to do something that hard-pressed families do routinely, which is tear their hair out over how to pay the bills. Pawn the family jewelry? Emptying gold reserves at Fort Knox and other repositories could raise a very handy [...]

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Obama: Still pushing for ‘big’ debt deal

Full Story atmsnbc.com WASHINGTON — Struggling to avert an unprecedented national default, congressional leaders jettisoned negotiations on a sweeping deficit-reduction package Friday despite a plea from President Barack Obama to “do something big” to stabilize America’s finances. Instead, lawmakers embarked on rival fallback plans as a critical Aug. 2 deadline neared, a House version given [...]

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If no deal by Aug. 2, Obama can’t guarantee Social Security checks will go out

Full Story at FirstRead.msnbc.comWhy are they using SSI to get what they want some people depend and that money every month just to live.  They need to give back what they so called borrowed from SSI. They are hurting people. and them in there new houses and cars. Some SSI people cant aford a new [...]

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