Washington lawmakers finally reached a deal to re-open the government just hours before the debt ceiling deadline, but Mayor Michael Bloomberg isn’t celebrating yet.
“All of what they’re talking about is simply kicking the can down the road,” Mr. Bloomberg told Politicker this afternoon.
dollar dollar bill y'all
Gov. Andrew Cuomo sounded the alarm bells over a potential federal default today, which he said would come with a price tag of as much as $2 billion in lost revenues for New York State alone.
“One day, whole tribe falls off cliff.”
—Chief Wild Eagle, Hekawi Indians
Wow, that was a close one, wasn’t it? We just missed going over that fiscal cliff!
Or did we? Technically, we walked right off it, with no compromise on the budget officially voted on and signed into law before the end of 2012. Read More
The conventional wisdom insists that President Obama has all the leverage right now over the Republicans in their negotiation for a “grand bargain” to close the budget deficit. Bolstered by his smashing election victory, gains by the Democrats in both houses of Congress and a changing popular mood, this would seem like the ideal moment Read More
For three consecutive days last week, I woke up before 9 a.m. without the use of an alarm. This has never happened before. It’s not because I’m bright-eyed and looking to seize a brand-new day’s worth of opportunities, but because I’m an addict. A filthy, filthy blood-eyed, rot-tooth addict, and the new shipment just came in. CSPAN’s coverage of Congress comically attempting to do something important begins at the crack of dawn, and I hate to miss even a second of it.
In a “breaking news” story in The Onion this morning, the satirical newspaper reported Congress took a group of touring school kids hostage in the Capitol rotunda, demanding $12 trillion by 6 p.m. or they’ll shoot a kid every hour. For once, House Speaker John Boehner (R-OH) and Sen. Harry Reid (D-NV) are cooperating to reduce the deficit.
It would almost seem that the stars had finally aligned. After weeks of stalled talks and contentious meetings between House Republicans and Democrats that escalated into a public spat between Speaker John Boehner and President Obama, a bill finally made it through the House and into the Senate, where it was speedily approved Tuesday morning Read More
Two things tend to be givens in the modern-day 24-hour news cycle: One, that something sad and tragic will invariably happen; and two, that when something sad and tragic happens, someone with a large social media following will not hesitate to immediately crack an inappropriate joke about it. (Too Read More
President Barack Obama and House Speaker John Boehner made their pitches to the American public on Monday night. Both men made valid points. Both men engaged in political posturing.
It’s time for them to stop talking to us and to engage each other in the spirit of cooperation that the President cited in his presentation. Read More
House Speaker John Boehner was in his Ohio district yesterday, and told ABC News “I don’t think the big oil companies need to have the oil depletion allowances, but for small, independent, oil and gas producers, if they didn’t have this, there’d be even less exploration in America than there is today.”
Today Read More