- ‘Welcome to the edge of freedom’: Biden’s boots touch down in DMZ
- Obama: Hole U.S. ‘digging out of’ requires billions more in unemployment benefits
- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
Latest Rob Portman Items
Richard Cordray started his new job on Thursday as director of the Consumer Financial Protection Bureau (CFPB). Though he may wear that fancy new title, he lacks the statutory power and constitutional authority of the office. On Wednesday, after the Senate adjourned for one day, President Obama unilaterally installed Mr. Cordray to the CFPB and added three members to the National Labor Relations Board (NLRB), claiming these were "recess appointments" even though the Senate was in pro-forma session, not recess.
The supercommittee went belly-up because Democrats demanded huge tax increases before they would give ground on even the smallest of spending cuts. Hope for corporate tax reform was thought to have died with the failed congressional deficit-reduction body until some of its Republican members revived the plan.
President Obama has finally found some people to take him up on the idea of raising taxes on the rich. A small group of millionaires wants to force everyone else to fill government coffers, but don't expect them to chip in themselves.
The Obama administration's red tape is strangling business and dragging down economic growth. Members of both parties on Capitol Hill are getting an earful from constituents about the need to give local businesses a breather. Now a bipartisan, bicameral group is working on a long-overdue overhaul of the process by which federal agencies draw up rules.
In a budget nearing $4 trillion a year, it strains credulity to hear members of the deficit supercommittee say they're still no closer to finding $1.2 trillion in savings over the next decade.
For the past few years, fear of China's predatory mercantilism has been growing steadily in America, both among the public and in privileged business and political circles. But last week, for the first time, one could discern the genuine possibility that America might actually do something about it - even if it means a trade war.
House Speaker John A. Boehner and President Obama talked about jobs legislation Thursday in a 10-minute phone call, the Ohio Republican's office said.
A powerful new congressional deficit reduction committee pledged during its first public meeting Thursday to put partisan bickering aside and reach its goal of finding more than a trillion dollars in savings — portraying a gloomy scenario should it fail.
For the dozen lawmakers given the task of producing a deficit-cutting plan, the threatened "doomsday" defense cuts hit close to home.