Let us not forget that politics is just showbiz with less attractive people (sorry, Mitch McConnell). As the election draws nearer, celebs on both sides are showing their support. Read More
President Barack Obama’s approval rating has been drifting down for a while and is now at its lowest yet. This obviously makes him a vulnerable re-election candidate. Still, it will take a credible opponent at the head of an acceptable party to beat him next year.
The near self-immolation of Republicans in the House during the battle over the Boehner debt-ceiling package confirmed that the best that can be expected over the next year on the Hill is … not much. Read More
Despite recent optimism, there are still significant obstacles to overcome before Congress reaches an agreement to cut spending and raise the debt ceiling. Like any other bill, both House and Senate have to pass precisely the same measure before it can be sent to the president, and that won't be easy. In the House, some Democrats will undoubtedly oppose the bill from the left, and as far as Republicans are concerned, it seems likely that many more than the 22 GOP lawmakers who vot Read More
In an angry speech on the Senate floor, Minority Leader Mitch McConnell said Republicans and Democrats were tantalizingly close to an agreement to resolve the debt ceiling standoff over the weekend -- until President Obama nixed the deal. "A bipartisan plan to resolve this crisis was literally within our reach this weekend," McConnell said. "We offered the president a bipartisan proposal to avoid default so that we could have the time we need to put together a serious plan for get Read More
House Republicans are finishing work on a new proposal to resolve the standoff over the debt ceiling. The proposal, set to be finished and crafted into the form of a bill by Sunday, will be in two parts. The first will combine a short-term increase in the debt ceiling with spending cuts. The second will lay the groundwork for a longer-term increase in the debt ceiling coupled with far-reaching deficit reduction. Read More
Normally I fully endorse pretty much anything Keith Hennessey says about budgets and spending, but his write up of the McConnell Debt Hike is not up to hi usual standards. Here's his pitch for the McConnell plan: Read More
Senate Minority Leader Mitch McConnell, R-Ky., has signed on to co-sponsor the Cut, Cap, Balance Act a Senate aide tell The Washington Examiner. Read More
NORTH CHARLESTON, SC -- Republican presidential candidate Newt Gingrich says GOP negotiators in Washington should push debt-ceiling talks to the deadline -- and beyond -- in an effort to pressure President Obama to agree to spending cuts. Speaking after a Tea Party town hall meeting here, Gingrich suggested that the new McConnell plan -- which Gingrich earlier called "an irresponsible surrender to big government, big deficits, and continued overspending" -- is a tactical blunder in a fi Read More
Minority Leader Mitch McConnell, R-Ky., released what he is calling a “contingency plan” for the debt limit negotiations this afternoon. Essentially the plan would grant President Obama exactly what he has been asking for all along: a clean $2.5 trillion debt limit hike. In exchange, Republicans would get three meaningless cover votes disapproving the borrowing authority increase. Read More
To the surprise of few political observers, there will be no meeting today between President Obama and Senate Republicans.
White House Press Secretary Jay Carney emphatically dismissed the invitation from Senate Minority Leader Mitch McConnell, R-Ky., for Obama to visit Capitol Hill Thursday afternoon, declaring, "That's not a conversation worth having." Read More