Today, John Boehner bowed to the inevitable logic of the impending political season and placed a “clean” debt ceiling increase bill on the floor of the House. At this writing, the bill passed with 28 Republican and 193 Democratic votes. Now it moves on to the Senate, where it is expected to pass in time to allow the Treasury to keep issuing debt instruments.
This is a syndicated repost published with the permission of Sober Look. To view original, click here. Opinions herein are not those of the Wall Street…
…labor’s inability to win the recall is more evidence of their inability to reverse their own structural decline. They’re not winning on worksites, as the…
US Senate Republicans block wage equity bill (via AFP) US Senate Republicans blocked a bill that would have made it easier for women to sue…
US House Republicans seek cuts in CFTC fundingReuters* House GOP seek to slash CFTC 2013 budget by $25 mln * Propose modest increase for SEC of $50 mln * Democrats: JPMorgan loss is a case for funding boost * Appropriations panels to review budgets Wed…
US House Republicans target funding for CFTCReuters* House GOP seek to slash CFTC 2013 budget by $25 mln * Propose modest increase for SEC of $50 mln * Democrats: JPMorgan loss is a case for funding boost * Appropriations panels to review budgets Wedne…
(via The Christian Science Monitor) As Massachusetts Democrats meet at their nominating convention today, some members of the Cherokee Nation are stepping up a campaign…
Across the country, long-term unemployment insurance is drying up. Some 200,000 unemployed Americans lost access to government benefits earlier this month, most in California. All…
JP Morgan Exposed on Right FlankWall Street JournalCompounding matters, Republicans haven't forgotten that JP Morgan gave a majority of its campaign donations to President Barack Obama and Democrats in the 2008 campaign. Even though the company has…
(via AFP) Two US senators, angered by what they said was Facebook co-founder Eduardo Saverin’s deliberate tax avoidance, announced legislation Thursday to stop him and…