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It was a classic scene in a Congressional hearing on Wednesday, as top executives of housing giants Fannie Mae and Freddie Mac were skewered by lawmakers on a House panel, angered by big bonuses paid out to top officials. “I understand the outrage,” said Freddie Mac CEO Ed Haldemann about ...
You can tell in the halls of the U.S. Capitol that the clock is ticking on the budget work of the deficit “Super Committee” in the Congress, as both sides furiously maneuvered on Tuesday to show that the blame for any gridlock should be placed on the other party. “We’re ...
The U.S. Congress is starting to work its way through some of the dozen budget bills for the current fiscal year, finally agreeing on a package of three spending plans, which will include a temporary budget extension to keep the government running into mid-December. Here are the details as announced ...
With the legal challenge to the Obama health law now officially before the Supreme Court, we probably need to review the one way that the justices could avoid declaring the law constitutional or unconstitutional. In other words, the Court could just punt. This revolves around the law known as the ...
Seven weeks from today, voters in Iowa will caucus and deliver the first verdict on the Republican field for President, and at this point, former U.S. House Speaker Newt Gingrich seems to have the momentum in the polls. The idea of Gingrich being the Republican nominee has mainly generated chuckles ...
The U.S. Supreme Court today officially accepted legal challenges to the Obama health reform law, setting out a politically explosive road map that insures arguments and a decision on the controversial law during next year’s campaign for the White House. Without comment, the Justices issued three writs of certiorari that ...
The Saturday night Republican debate in South Carolina created more headlines over how the coverage was botched by CBS than for what the candidates actually said in their 60 minute – I mean - 90 minute forum. The debate was split between CBS (for 60 minutes) and on the internet ...
On this Veterans Day, the military is struggling with a damaging new story about the mishandling of remains of fallen U.S. servicemembers, where officials at the Dover, Delaware facility are accused of sending some remains to local landfills. "None of us will be satisfied until we have proven to the ...
With just over seven weeks to go until voters in Iowa caucus on January 3, Republicans are still battling over who will be the best candidate to take on Mitt Romney for the GOP Presidential nomination. Romney has succeeded in staying near the top of the Republican field by in ...
For Gov. Rick Perry of Texas, Wednesday night's debate was framed by a moment that quickly became an internet sensation, as he could not remember the names of the three major federal departments that he wants to get rid of, if elected President. Perry's team moved into damage control mode ...
The latest Republican debate in the race for the White House was the right tonic for Herman Cain, as he brushed aside allegations of sexual misconduct and repeatedly emphasized his “9-9-9” plan, while Texas Gov. Rick Perry had what one might call a debate nightmare. Cain got the first question ...
After months of wrangling in lower courts, today could be the day that the U.S. Supreme Court officially accepts legal challenges to the Obama health reform law and places those lawsuits on the docket for argument in coming months. The decision will come out of a regularly scheduled “conference” of ...
President Obama is signing an executive order today - another piece of his "We Can't Wait" agenda - that's designed to rein in spending by federal agencies on travel, limit electronic gadgets for government workers, reduce printing of documents, cutting the vehicles owned by the feds and getting rid of ...
If you haven't seen the actual language from the Federal Register on the Christmas Tree "tax" that was announced by the Department of Agriculture, here is the official announcement from the Federal Register: - [Federal Register Volume 76, Number 216 (Tuesday, November 8, 2011)] [Rules and Regulations] [Pages 69094-69110] From ...
As the major Republican candidates for President gather tonight in Michigan for a debate to be broadcast on CNBC, the race continues to be buffeted by charges of sexual misconduct against Georgia businessman Herman Cain. “I can categorically say I have never acted inappropriately with anyone. Period,” Cain said at ...
Voters in Ohio sent a pair of messages on Tuesday that reinforce the chaotic nature of the American electorate at this time, voting to both repeal a law that limited collective bargaining for public workers and to in effect block parts of the Obama health law. The much larger issue ...
For most Americans, this Election Day is dominated by local issues like school levies, but political experts will be combing through results in some key states to see if they can get a better fix on what might happen in 2012. That is especially true in Ohio, where labor unions ...
For whatever reason, the U.S. Supreme Court always seems to have an entertaining case on the docket when it is Election Day, and this year is no different as the justices will hear arguments on whether police need permission to track a suspect with a GPS device. This is a ...
For a second straight week, Republican Presidential candidate Herman Cain finds himself in a politically difficult situation, as a week after sexual harassment allegations were revealed from the late 1990's, a new accuser stepped forward. This time the sexual misconduct allegations had a face and a voice - and that ...
In Congress, this is another one of those odd weeks where the Senate is working, but the House is out of town. That schedule means Congress is not likely to make much headway this week when it comes to finishing work on the budget for the current fiscal year. Last ...
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