Everyone in my twitter feed seems to be saying that there is no difference between the new debt hike bill Speaker John Boehner, R-Ohio, unveiled today and the Cut, Cap, and Balance Act that was passed earlier this month. This is wrong. There are two big differences between the two bills: Read More
In the few minutes it takes to read this post, at least five Democrats will have again told reporters that the Boehner bill is "dead on arrival" in the Senate. But if the Boehner bill is such a non-threat to the White House, then why are House Democrats so scared to let any of their moderates vote for it? Read More
Sen. Jim DeMint, R-S.C., tells National Journal that his current term will be his last:
NJ Any regrets about not getting into the presidential race?
DeMINT No; it’s just not an ambition of mine.
NJ What is your ambition?
DeMINT My hope is to elect five or 10 more solid conservatives and go home and rock on my front porch.
NJ This is your last term? Read More
At RedState, Michael Hammond makes a succinct five-point-case against Speaker John Boehner’s, R-Ohio, debt hike plan: 1) The Boehner plan is so similar to the Reid plan that its passage will lead to a compromise with no cuts beyond 2012, a commission that will endorse tax hikes, and a trigger to force those tax hikes; 2) A guaranteed vote on a balanced budget amendment is worthless; 3) If Tuesday comes and goes with only a shut-down of unessential government agencies, President Obama’s fear-m Read More
President Obama’s approval ratings have plummeted as the debt limit fight in Congress has dragged on. According to a Pew Research Center poll released today, Americans disapprove of Obama’s handling of his job as president by a 48 – 44 margin. As recently as June 19th, Pew found that Americans actually approved of Obama’s job as president by a 46 – 45 margin. Read More
There are many in the Tea Party who will be disappointed today if Speaker John Boehner’s, R-Ohio, bill to raise the debt limit passes the House. They have every right to be. Conservative activists have fought hard to keep moderate Republicans from caving in, raising taxes, and giving President Obama a “Grand Bargain” on the debt that would have legitimized Obamacare forever. Read More
For months conservatives have been saying that regardless of whether or not the debt limit is raised by August 2nd, the United States is in no danger of defaulting on its debt since the Treasury Department will have more than enough revenue to make interest payments. On May 23rd, Sen. Read More
Yesterday, it seemed as though Speaker John Boehner’s, R-Ohio, debt hike plan was destined for the ash heap of history. Today, it seems that once wary conservatives have rallied around the Speaker. The difference: over-eager lobbying from outside groups pushed some possible converts back into Boehner’s arms. Read More
The Republican National Committee released its fourth and final "Change Direction" television ad today. The spot will air in Ohio, Indiana, Iowa, North Carolina, Florida and Virginia although it is not clear how big the actual buy will be. Previous "Change Direction" ad buys have been as small as $7,750. RNC Chair Reince Priebus has previously explained that the smaller buys are designed test each ads effectiveness and see how they drive traffic to RNC social media assets. Read More
There now appears to be only three possible outcomes to the debt hike negotiations, and all three would seem to lead to the eventual loss of the U.S.’s AAA credit rating. One possibility is that there is no deal, the debt hike is not raised, and much of the federal government is shutdown. The U.S. Treasury would still have enough revenues to avoid defaulting on the debt, but the credit agencies would downgrade our debt anyway. Read More
House Budget Committee Chair Paul Ryan, R-Wis., writes at The Corner:
The Budget Control Act takes an important step in the right direction by cutting $1.2 trillion in government spending over the next decade. Critically, it does this without resorting to Senator Reid’s gimmicks and without imposing the president’s preferred tax increases on American families and the struggling economy. Read More
“More than a third of Americans now believe that President Obama’s policies are hurting the economy, and confidence in his ability to create jobs is sharply eroding among his base,” The Washington Post reported today. Read More
The more conservatives read Speaker John Boehner’s, R-Ohio, debt hike bill, the more they do not like it. FreedomWorks Legislative Counsel Dean Clancy came out against the bill this morning after concluding it does not “reflect the spirit" of the Cut Cap & Balance Pledge. Read More
CNN completely buried the headline in the write-up for their latest poll of 1,000 Americans. “Pessimism overflowing in new poll” reads the headler and the article goes on to report, “While some expect economic conditions to improve, a majority-59 percent-believes the economy will still be in poor shape one year from now. It’s the first time in the 14 years that CNN has asked the question that a majority has been pessimistic about the country’s economic future.” Read More