- Obama takes aim at ‘corporate deserters’
- Dick’s Sporting Goods lays off 478 PGA golf pros
- Senators: Cease-fire must allow Israel to defend against rockets, tunnels
- Sierra Leone doctor fighting Ebola catches disease
- Iraq welcomes Russian fighter jets, helicopter gunships into ISIL fight
- John McCain laments: Obama’s ‘self-pity … is really kind of sad’
- GOP offer to fix VA gives $10 billion in emergency funds
- Paul Ryan offers to repair U.S. economic safety net with a single grant stream
- Kim Jong-un builds bond with Putin: $250M Russia-backed addition to key port opens
- Pope Francis meets Meriam Ibrahim, a Sudanese woman sentenced to death
Deficit panel’s Simpson hits political ‘stupidity’
Question of the Day
WASHINGTON (AP) — The co-chairman of President Obama's deficit commission is assailing the politics of political brinksmanship surrounding the "fiscal cliff," saying Congress "put the chain on their own ankle."
Former Sen. Alan K. Simpson, Wyoming Republican, says that "you have to have a blend" of revenue increases and spending cuts to achieve a deal to avoid the cliff.
Mr. Simpson told NBC's "Today" show it's ridiculous for Democrats and Republicans to speculate on which party would suffer more if no compromise agreement were achieved.
"That's like betting your country. There's stupidity in that. This is big-time stuff," he said.
Speaking of Congress, Mr. Simpson said, "If you gave 90 percent of them a profit-loss statement in one hand and a balance sheet in the other, they wouldn't know how to read it."
TWT Video Picks
The subsidies are a hit with patients who don't exist
- Hamas rejects Kerry's call for cease-fire; Fears grow others could join fight against Israel
- 'We're coming for you, Barack Obama': Top U.S. official discloses threat from ISIL terrorists
- Algerian plane diverted due to storms, second aircraft: 116 missing
- Obama's empty tough-talk: Gun prosecutions plummet on his watch
- House panel OKs resolution to sue president for Obamacare delays
- Conservative groups decry Democrats' 'war on women' tactic
- Obama says public not familiar enough with issues
- Evidence shows Russia firing artillery into Ukraine: Pentagon
- Astronaut shares 'saddest photo' from space: Bombs bursting over Israel, Gaza
- Doctor, 2 others shot at Pennsylvania hospital: reports
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq