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Federal Reserve Raises Rates For Third Time Since December

Federal Reserve Building

For the third time since December,, the Federal Reserve has raised interest rates.

Congress Facing Another Debt Ceiling Crisis

Debt Ceiling

In addition to everything else on its plate, Congress will have to revisit raising the debt ceiling again sometime this summer.

It’s Looking More And More Like Congress Will Fail To “Repeal And Replace” Obamacare

congress-healthcare

Congress is running out of time in its effort to “repeal and replace” the Affordable Care Act.

First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economy Heartbeat

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.

Congressional Budget Office Score Of Health Care Bill Is More Bad News For GOP

congress-healthcare

The latest CBO score for the American Health Care Act is bad news for Republicans.

Trump Drops Demand For Border Wall Funding As Congress Tries To Avoid Government Shutdown

Capitol Buidling Dayime2

With a government shutdown looming at the end of the week, the Administration has appeared to back away from a demand that a government funding bill include money allocated for the President’s promised border wall.

White House Pushing Congress To Revisit Failed Effort To Repeal And Replace Obamacare

United States Capitol Building, Washington, D.C. Aerial

Faced with the fact that it has little to show for its first 100 days in office, the Trump Administration is pressuring Congress to come up with a new health care reform bill before the end of next week.

Congressional Budget Office Score Is Bad News For GOP’s American Health Care Act

congress-healthcare

The Congressional Budget Office delivered some bad news yesterday to House Republicans on their replacement for Obamacare.

Republican Budget Hawks Have A Donald Trump Problem

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Budget hawks in the GOP face a showdown with Donald Trump’s spending ambitions this year that will likely decide whether we’ll ever get spending under control.

Marco Rubio Misses Senate Vote On Omnibus Budget Bill

Marco Rubio 2

After making a big deal about voting against the budget bill passed yesterday by Congress during the last debate, Marco Rubio ended up missing the vote altogether.

Final Spending Bill Sails Through Congress, Giving Speaker Ryan Another Legislative Win

Paul Ryan Speaking (with beard)

The final spending bill for the 2016 Fiscal Year sailed through Congress today, marking the end of a very successful first two months in office for Speaker Paul Ryan

Senate Passes Two-Year Budget Deal

Budget-Deal

As expected, the Senate easily passed the two-year budget deal early this morning.

After Opposing Procedure Under Which It Was Negotiated, Paul Ryan Will Support Budget Deal

Paul Ryan Speaking

Yesterday, Paul Ryan spoke out against the procedure under which the new budget deal was negotiated. Today, he announced that he’ll vote for it anyway.

Paul Ryan Blasts Budget Deal Process, But He’s Likely Very Pleased It Happened

House GOP

Paul Ryan is blasting the process that led to the new budget deal between the GOP and the White House, but one suspects he’s secretly quite pleased with the fact that it makes his job-to-be a lot easier.

Congress, White House Reach Budget Deal, John Boehner’s Parting Gift To Paul Ryan?

Capitol Buidling Dayime2

Congress and the White House have reached a tentative deal on the budget and debt ceiling that promises to make Paul Ryan’s initial months as Speaker a lot easier.

Paul Ryan Now Has A Clear Path To Become Speaker Of The House

House GOP

With the top conservative caucus in Congress acquiescing to his candidacy, Paul Ryan is largely certain to become the next Speaker of the House.

Ben Carson Isn’t Alone In Having Utterly Silly Ideas About The Debt Ceiling

Debt Ceiling

Yes, Ben Carson’s comments about the debt ceiling are silly, but it’s the fact that a lot of Republicans agree with him that’s dangerous.

Congress Avoids A Shutdown, But It’s Likely To Come Back In December

budget-congress-capitol-hundred-dollar-bills

Congress will get a temporary funding bill passed in time to avoid a shutdown on Thursday, but it may just be delaying the inevitable.

With Eight Days To Go, Can Congress Avoid Another Government Shutdown?

United States Capitol Building, Washington, D.C. Aerial

Congress has just over a week to pass a funding bill, and it’s not looking very good.

Mitch McConnell: Republicans Don’t Have The Votes To Defund Planned Parenthood

mitch-mcconnell-john-boehner

Mitch McConnell spoke a truth that many conservatives are likely not going to want to accept.

Voters Would Blame Republicans For Government Shutdown, Poll Shows

Capitol Dome

Some Republicans are threatening a government shutdown over funding of Planned Parenthood, but a new poll shows that it would be a big political risk for Republicans.

Missouri Republican Wants To Ban Food Stamp Recipients From Buying “Luxury” Food

Food Costs

One Missouri legislator is going on a crusade against a “problem” that may not actually exist.

After Two Month Stand Off, House Passes Clean DHS Funding Bill

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As expected, Republicans have caved in the showdown over funding for the Department of Homeland Security.

Iraq And Afghanistan Wars Cost $3 Trillion

defense-spending

The costs of more than a decade of war are far higher than many ever thought, and we’re still paying the price for the fiscal irresponsibility of the Bush Administration while they were being fought.

U.S. Government Losing $100,000,000 Per Year On Nickel And Penny Production

Nickel and Penny

The U.S. Government continues to lose money on production of two coins that people barely use anymore.

Senate Passes Spending Bill As Ted Cruz Maneuver Helps Democrats Pass Nominations

Ted Cruz

As expected, the Senate passed the so-called “Cromnibus,” but not before a self-aggrandizing maneuver by Ted Cruz ended up being exploited by Democrats to pass outstanding nominations.

Despite Last Minute Drama, House Narrowly Passes Bill To Fund Most Of The Government

Capitol Daytime

Despite opposition from both Republicans and Democrats, the compromise budget resolution passed narrowly last night, but not without some last minute drama

Congress Reaches Budget Deal, Delays Immigration Fight For Another Day

budget-congress-capitol-hundred-dollar-bills

It looks like Congress has averted a budget fight for the second straight year.

House Passes Pointless, Doomed Bill To Protest Obama’s Executive Action On Immigration

Capitol Building

The House approved a bill to protest the President’s executive action on immigration that will go nowhere. The question is whether it will placate the right.

Top Senate Democrat: Democrats Should Not Have Focused On Obamacare in 2009, 2010

congress-healthcare

Sen. Charles Schumer says Democrats made a mistake by concentrating on getting health care reform passed instead of on fixing the economy.

Who’s Going To Pay For The President’s War Against ISIS?

budget-congress-capitol-hundred-dollar-bills

As we head into a new conflict, perhaps we ought to give more thought to fiscal issues than the President is to overall strategy.

The Midterms And The Economy: Bad News For Democrats?

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Republicans are winning with voters on the issues they say they care the most about.

In Criticizing Paul Ryan, Sarah Palin And The Tea Party Confirm Their Own Irrelevance

Sarah-Palin-at-Podium

As Sarah Palin and the Tea Party turn on Paul Ryan, they are making apparent their own lack of relevance in the political process.

The Tea Party’s Position On The Debt Ceiling Is Fiscally And Politically Irresponsible

Debt Ceiling

Refusing to raise the debt ceiling does nothing at all to control spending.

Boehner To Bring Clean Debt Ceiling Bill To Vote In House

boehner_gavel

Big news out of the House of Representatives

Unemployment Benefits Extension Passes First Cloture Vote

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To the surprise of some the Senate bill to extend unemployment benefits passed its first Cloture Vote with the support of six Republicans: The Senate begins an even tougher task after a surprise vote on Tuesday to break a GOP filibuster of legislation extending unemployment benefits. That is: Finding a way to pay for the […]

Ted Cruz: Has No Regrets Over Shutdown, Continues To Say It Was All The Democrats Fault

Ted Cruz

Ted Cruz continues to act as if he hasn’t learned his lessons from the shutdown debacle

ObamaCare Hits New Lows In Poll

Healthhcaredotgov

The PPACA has had a rough 2013, and 2014 could be even worse.

Budget Deal Likely To Pass Senate Easily

United States Capitol Building, Washington, D.C. Aerial

Notwithstanding some concerns that Democrats may not have the votes to pass the Ryan/Murray Budget when it comes up for a vote tomorrow, and a steady drumbeat of pressure from Tea Party groups such as Freedomworks and Club For Growth for Republican Senators to vote “No”on both cloture and on the final bill, it looks […]

House Passes Ryan/Murray Budget By Overwhelming Margin

Capitol at night - AP Photo Ron Edmonds - banner

The House of Representatives has just passed the budget deal reached by House and Senate Budget Committee Chairs Paul Ryan and Patty Murray by an overwhelming margin: After a tumultuous and politically divisive year, the House ended 2013 on a rare bipartisan note by passing a budget deal supported by a nearly equal number of […]

Paul Ryan And Patty Murray Reach Budget Deal, But Can It Pass Congress?

budget-congress-capitol-hundred-dollar-bills

A budget deal has been reached, now it has to get through both Chambers of Congress.

Time To Start Thinking About Another Government Shutdown ‘Crisis’?

Government shutdown

Are we headed for another Federal Government shutdown, or will Congress actually do its job this time?

Rand Paul: Government Shutdown I Was Totally Behind With My Floor Votes Was A “Dumb Idea”

Rand Paul Filibuster

The Junior Senator from Kentucky does some re-writing of history.

What Lessons Will The GOP Learn From The Shutdown?

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Will the GOP learn the right lessons from the just-concluded showdown? That remains to be seen.

Ted Cruz Refuses To Rule Out Making The Same Dumb Mistake Again

Ted Cruz

Ted Cruz isn’t ruling out a reprise of his foolish, quixotic, crusade.

The GOP’s Seinfeld Shutdown

Show About Nothing 2

The GOP’s shutdown was about as pointless as a show about waiting for a table in a Chinese restaurant.

Ted Cruz, Mike Lee Say They Won’t Block Shutdown/Debt Ceiling Bill

Ted Cruz, Mike Lee

Senators Ted Cruz and Mike Lee, who spent much of the summer and the past month leading an effort to use the budget process in a quixotic attempt to delay or defund the Affordable Care Act, have said they won’t block the deal reached by Senators Reid and McConnell when it comes to the Senate […]

Debt, Default, And International Faith In The American Government

United States Capitol Building, Washington, D.C. Aerial

Would you trust the men and women in this building?

Game (Almost) Over?: House Will Vote On Senate Plan First, Pass It With Democratic Votes

John-Boehner

A plan finally starting to come together?

What Lies Past October 17th? A Big Unknown, And That’s The Problem

Debt Ceiling

If Congress isn’t able to reach a deal, the big problem going forward would be uncertainty.

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