VIDEO: Trump 2016.
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We all know about the infamous ashes prank Sacha Baron Cohen pulled on poor, unsuspecting Ryan Seacrest at the Oscars. But “The Dictator” actor has crafted more elaborate pranks on Washington officials and audiences everywhere. Amidst upcoming elections and usual political tensions, Baron Cohen is bringing some much needed humour to […]
Consider the possibility that bad news comes out about you or your organisation. Maybe it’s a story you should have anticipated. Maybe it’s something you never could have predicted.
[credit provider=”Dylan Love”] Asus has announced the Zenbook, its newest line of laptops.We were in attendance for the press event, and we learned that Asus chairman Jonney Shih cares about two things — releasing awesome computers and putting on a hell of a show.
President Barack Obama used “the m-word” to describe China’s currency policies, saying the country is involved in “currency manipulation,” before retreating from the charge.
[credit provider=”Flickr” url=”http://www.flickr.com/photos/nasahqphoto/4251318245/sizes/l/in/photostream/”] The White House Press Office announced that President Barack Obama will hold a press conference at 11 a.m. this morning — though no topic was announced.Obama is in the middle of a weeks-long push on his jobs bill, which is certain to take up a significant portion […]
[credit provider=”AP Photo/Charles Dharapak”] The markets — and the American people — always assumed Congress and President Barack Obama would reach a deal. But as late as Sunday, the White House considered economic collapse an increasingly likely outcome to months of failed talks.According to POLITICO, negotiations reached a stalemate on […]
The House of Representatives passed a bill to raise the debt limit and lower the deficit Monday night by a margin of 269-161.The bill will cut $917 billion from the federal deficit immediately through discretionary spending caps. Additionally, it authorizes the creation of a bipartisan fiscal committee which will report […]
The “historic, bipartisan compromise” reached to raise the debt limit does not end the struggle to reign in the federal deficit — in fact, it pushes the most difficult decisions off into the future.
We have a deal that could avoid default — now can Congress pass it?That is the question many in both parties are asking themselves today on Capitol Hill, where both house of Congress are preparing to vote on legislation no one really wants to pass.
[credit provider=”AP Photo/Charles Dharapak”] President Barack Obama and Congressional leaders announced they have reached a “historic, bipartisan compromise” to raise the debt limit and lower the deficit.The debt ceiling will be hiked in two stages the first with cuts agreed to now, and the second with cuts agreed to by […]
From the White House:
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Bipartisan_Congressional_leadership_meeting_February_2010.jpg”] Another wasted day.Senate Majority Leader Harry Reid postponed a vote on his plan to raise the debt limit until Sunday after 43 GOP Senators pledged to oppose the bill.
[credit provider=”AP Photo/Charles Dharapak”] The House and Senate will convene Saturday afternoon as they continue negotiations to raise the debt ceiling. But with just days to act before one or more of the major credit ratings agencies downgrades U.S. debt, Democrats and Republicans can’t seem to work together.The plan put forward by […]
[credit provider=”AP”] The debt limit increase bill introduced by Speaker of the House John Boehner passed the House of Representatives, but was quickly rejected in the Senate.Reid is setting the stage for a 1 a.m. Sunday cloture vote on the bill, followed by a vote to pass it on Monday morning.
Senator Harry Reid announced Friday that he will file cloture on his bill to raise the debt limit, setting the stage for final votes on the bill on Monday or Tuesday, before it would return to the House for final passage.
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Radium_Dial.jpg”] Speaker of the House John Boehner’s job is on the line as the House of Representatives prepares a vote on his plan to raise the debt limit today.”His being Speaker is clearly at stake here,” Sen. John McCain (R-AZ) said Thursday night on Fox News.
[credit provider=”AP Photo/Carolyn Kaster”] The House of Representatives postponed a vote on Speaker of the House John Boehner’s plan to raise the debt limit Thursday night, due to a revolt from the tea party.Boehner pulled his plan off the House floor around 5:15 after it became clear he could not […]
[credit provider=”centre for American Progress via Flikr”] The House of Representatives will vote today on Speaker of the House John Boehner’s plan to raise the debt limit and lower the deficit. Regardless of whether it passes, it is certain to fail in the Senate—where all 51 Democrats and two Independents have […]
[credit provider=”AP Photo/Charles Dharapak”] The Boehner plan is delayed, the Reid plan is waiting on the Boehner plan, and the White House isn’t sure it has a plan.Read Wednesday’s debt ceiling live-blog below.
[credit provider=”AP”] Earlier White House Press Secretary Jay Carney said the government would be releasing plans for what happens after August 2nd if the debt limit isn’t raised. Now the Treasury Department confirms.Deputy Assistant Secretary for Public Affairs Anthony Coley said the department would release its plans for what bills would […]
[credit provider=”gurdonark via Flickr” url=”http://www.flickr.com/photos/rasputin243/3690255919/sizes/l/in/photostream/”] According to the White House, the Treasury Department will disclose its list of spending priorities in the event the debt limit isn’t raised before August 2nd.Both the White House and Treasury have previously denied that they had the authority to prioritise payments, but apparently they […]
The Washington Post reported last night that GOP Rep. Kevin McCarthy (R-MD) showed this clip from the movie “The Town” to rally his caucus behind Speaker of the House John Boehner’s plan to raise the debt limit.
[credit provider=”AP Photo/Harry Hamburg”] Tuesday night’s announcement that the vote on Speaker of the House John Boehner’s plan to raise the debt limit would be postponed is a significant setback for the negotiations, with only days until the August 2nd deadline set by the Obama administration.Yesterday afternoon the Boehner plan […]
We’ve been live-blogging the latest developments in the debt ceiling negotiations all day.Read below for Tuesday’s developments.
[credit provider=”Flickr” url=”http://www.flickr.com/photos/medilldc/5430941803/in/photostream/”] Update: POLITICO is now reporting that the Congressional Budget Office has found that Boehner’s plan falls $150 billion short of the $1 trillion in advertised savings. This development will only make it easier for GOP lawmakers to buck their party leadership and oppose the bill.Original: A day before the […]
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Bipartisan_Congressional_leadership_meeting_February_2010.jpg”] President Barack Obama and Speaker of the House John Boehner addressed the nation Monday night on the status of the debt and deficit talks — but through the rhetoric, an outline of a deal has emerged.Their speeches didn’t change anything. While each undoubtedly helped the leaders with […]
[credit provider=”Flickr” url=”http://www.flickr.com/photos/nasahqphoto/4251318245/sizes/l/in/photostream/”] President Barack Obama addressed the nation on the status of negotiations to raise the debt limit Monday night, saying “the entire world is watching.”Obama devoted most of his speech to calling for both parties to compromise to raise the debt ceiling through the end of 2012.
[credit provider=”Flickr” url=”http://www.flickr.com/photos/davidsilver/5227589198/sizes/m/in/photostream/”] August 2nd is rapidly approaching, and Congress remains nowhere near an agreement to raise the debt limit and lower the deficit.We’ll be bringing you the latest on the negotiations here all day. (You can view our live blog from Sunday here.)
President Barack Obama will address the nation on the status of the debt limit negotiations tonight, according to the White House.
Senate Majority Leader Harry Reid introduced the Senate Democrats’ plan to raise the debt limit and lower the deficit in a press conference Monday afternoon.
It’s crunch time. Congressional leaders have at most two days to days to reach an agreement to raise the debt limit, and lawmakers have made little progress on preventing the unthinkable.
[credit provider=”AP Photo/Charles Dharapak”] Talks between congressional leaders to raise the debt limit are going nowhere fast, as the time to reach an agreement ticks away.Hopes for a deal on Sunday night quickly faded, but lawmakers continue to meet at the Capitol.
Is August 2nd really the debt limit deadline?
[credit provider=”AP Photo/Harry Hamburg”] CNN is reporting that a deal to raise the debt limit is unlikely to be reached today before the Asian markets open.Speaker of the House John Boehner will host a conference call with GOP lawmakers to brief them on the status of negotiations at 4:30 p.m. […]
[credit provider=”NBC”] Treasury Secretary Tim Geithner confirmed Sunday morning to ABC News that President Barack Obama and Speaker of the House John Boehner are still negotiating a “grand bargain” after Friday’s highly public breakdown in talks.The $3 trillion deficit reduction deal — including $800 billion in new revenues — remains […]
[credit provider=”AP Photo/Harry Hamburg”] Congressional efforts to remove President Barack Obama from negotiations to raise the debt limit and lower the debt ceiling failed Saturday, after Democratic lawmakers rejected a GOP offer to raise the debt ceiling in two stages.In a tersely worded statement, Senate Majority Leader Harry Reid (D-NV) […]
President Barack Obama announced Friday in a fiery press conference that Speaker of the House John Boehner has pulled out of talks to raise the debt limit and lower the deficit.
[credit provider=”centre for American Progress via Flikr”] Senate Majority Leader Harry Reid (D-NV) said the Senate will not act on the “last-ditch” debt ceiling plan he and Minority Leader Mitch McConnell (R-KY) have been considering.Speaking on the Senate floor after voting to table the House Republican debt ceiling plan, Reid […]
[credit provider=”Gage Skidmore via Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:Grover_Norquist_by_Gage_Skidmore.jpg”] UPDATE: Americans for Tax Reform has released a statement to “clarify” Norquist’s remarks:”ATR opposes all tax increases on the American people. Any failure to extend or make permanent the tax cuts of 2001 and 2003, in whole or in part, would clearly increase […]
[credit provider=”The White House/Pete Souz” url=”http://www.whitehouse.gov/photos-and-video/photogallery/april-2011-photo-day”] White House Press Secretary Jay Carney said President Barack Obama would accept a short-term extension of the debt limit ceiling, if it allowed Congress time to act on a larger deal.Obama had opposed any short-term debt ceiling deal, though the change in tune reflects […]
[credit provider=”AP Photo/Charles Dharapak”] Mainstream Republicans are increasingly nervous about their party’s hard-line stance in the debt limit debate. They think it is likely to backfire, and are blaming the tea party.Wealthy GOP donors have been in contact with House Majority Leader Eric Cantor (R-VA) encouraging him to accept tax […]
The Gang of Six deficit reduction plan introduced today promises $3.7 trillion in cuts over 10 years. Only $500 billion of those cuts, however, would be made immediately as part of a bill to raise the debt limit.The rest are guidelines for congressional committees to take up later this year, […]
President Barack Obama all-but-endorsed a deficit reduction proposal introduced earlier today by the so-called “Gang of Six” U.S. Senators.
As the House of Representatives prepares to make a political statement by voting on a balanced budget amendment to the U.S. Constitution Tuesday, the Senate has produced two new deficit reduction plans.
[credit provider=”republicanconference via Flickr” url=”http://www.flickr.com/photos/republicanconference/”] Republican lawmakers will make a political statement this week, before considering legislation to raise the debt limit that stands a chance of passing.As both parties seek to ensure the government can pay its obligations on August 3, the GOP-controlled House of Representatives vote will on a […]
[credit provider=”WSB-TV”] President Barack Obama took a page out of the GOP playbook Friday, using his press conference to push for steep deficit reduction measures to be included in a deal to raise the debt limit.Calling for spending cuts to everything from defence to Medicare, Obama also demanded new revenues […]
President Barack Obama just completed his second press conference on the ongoing deficit reduction and debt limit talks.
Good morning. Here’s what you need to know:
President Barack Obama will hold a press conference tomorrow at 11 a.m., his second in a week, according to a tweet from White House Communications Director Dan Pfeiffer.
[credit provider=”Asked if he thought a deal could be reached with Cantor at the table, Reid said he didn’t think so unless Cantor changes his tone and starts to contribute to the talks.”] Treasury Secretary Tim Geithner said Thursday “we’re running out of time,” to act on raising the debt […]
[credit provider=”Flickr” url=”http://www.flickr.com/photos/gopleader/4156380948/sizes/m/in/photostream/”] Speaker of the House John Boehner (R-OH) said he has “no idea” if the contingency debt limit plan introduced by Sen. Mitch McConnell (R-KY) could pass the House.In a press conference Thursday he said the last ditch effort is “worth keeping on the table,” adding, “it might look […]
[credit provider=”Fox News”] Speaker of the House John Boehner (R-OH) said Tuesday that more than 59 members of his caucus would not vote for any debt ceiling deal.”We have a number of members who won’t vote to raise the debt ceiling under any circumstances,” he told Fox News’ Bret Baier, […]
[credit provider=”CBS News”] President Barack Obama told CBS News’s Scott Pelley that Social Security benefit checks are in jeopardy if Congress doesn’t raise the debt limit by August 2.”I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue, because there may simply not […]
[credit provider=”AP”] Speaker of the House John Boehner introduced a new argument to the debt ceiling and deficit reduction talks Tuesday, saying raising the borrowing limit is Republicans’ concession in the negotiations.”This debt limit increase is [Obama’s] problem,” he said.
Update: Two key Republican Senators opposed a deficit reduction plan including cuts to Medicare and Medicaid.
Talks between President Obama and Congressional leaders wrapped up Monday afternoon without an agreement.
[credit provider=”republicanconference via Flikr”] Deficit reduction talks suffered a setback Monday. Republicans rejected President Barack Obama’s demand for new revenues in an agreement to raise the debt ceiling.In a press conference, Speaker of the House John Boehner criticised Obama for trying to raise taxes during a recession, saying “the president and […]
President Barack Obama held his second press conference in as many weeks today to discuss negotiations to raise the debt limit and lower the deficit.
Talks between President Barack Obama and Congressional Republicans turned “testy” Sunday night, as both sides refused to budge on tax increases.
[credit provider=”Flickr” url=”http://www.flickr.com/photos/davidsilver/5227589198/sizes/m/in/photostream/”] Update 2: House Minority Leader Nancy Pelosi’s statement on the meeting:”We are still hopeful for a large bipartisan agreement, which means more stability for our economy, more growth and jobs, and more deficit reduction over a longer period of time.”
[credit provider=”AP”] Speaker of the House John Boehner ruled out a “grand bargain” on the deficit and the debt ceiling Saturday night, ending hopes for a historic $4 trillion deal.”Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement without tax hikes,” […]
[credit provider=”Flickr” url=”http://www.flickr.com/photos/medilldc/5430941803/in/photostream/”] A day after President Barack Obama met with congressional leaders to negotiate a debt ceiling increase and deficit reduction package, the deal is falling apart.”We are this far apart,” Speaker of the House John Boehner said Thursday morning, holding his arms out. “It is not like there […]
House Minority Leader Nancy Pelosi (D-CA) says she is confident a debt ceiling deal will be reached before the federal government defaults on its obligations on August 2.
[credit provider=”Flickr” url=”http://www.flickr.com/photos/davidsilver/5227589198/sizes/m/in/photostream/”] President Barack Obama and Congressional leaders today agreed to pursue a “big” deficit reduction target — as much as $4 trillion saved from cuts and new revenue.Reuters is reporting that all the participants at today’s negotiating session agreed that a short-term debt ceiling increase should not be […]
House Minority Leader Nancy Pelosi (D-CA) says Democrats will not support any entitlement benefit cuts as part of a deficit reduction package.
President Barack Obama just finished making a brief statement on the debt ceiling and deficit reduction talks.
[credit provider=”AP Photo/Charles Dharapak”] Republicans have agreed to between $150 billion and $200 billion in revenue increases as part of a deficit reduction package, Senate Minority Whip Jon Kyl (R-AZ) said Wednesday night. The announcement is the latest bit of good news for the once-stagnant talks to raise the debt ceiling and lower the […]
[credit provider=”Flickr” url=”http://www.flickr.com/photos/scriptingnews/3268284226/sizes/m/in/photostream/”] President Barack Obama is raising the stakes in the ongoing talks to raise the debt ceiling and lower the deficit — proposing $4 trillion in cuts over the next decade, including reductions to Social Security, The Washington Post is reporting.Obama has already indicated he would support cuts […]
[credit provider=”The White House”] President Barack Obama is considering hundreds of billions of dollars in cuts to Medicare and Medicaid as part of a deal to raise the debt limit and close the deficit.According to The New York Times, the White House would be willing to make $340 billion in […]
[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=kiO2iwAgbFs&feature=youtu.be”] The National Republican Senatorial Committee released a video Thursday critical of President Barack Obama’s leadership on debt ceiling negotiations.After Obama called for Republicans to “act like leaders” and reach a deal on raising the debt limit in a press conference on Wednesday, the committee fired back with […]
Update 2: Last week Sen. Chuck Schumer said Democrats could agree to changes in the “delivery side” of Medicare.
Update 2: White House Spokesman Jay Carney said Thursday afternoon that President Barack Obama rejected an invitation from Senate Republican Leader Mitch McConnell to meet about cutting the deficit.
Update: Senate Republican Leader Mitch McConnell is inviting President Barack Obama to the Capitol to hear first-hand why his proposed tax increases will not pass, The Associated Press is reporting.
Good morning. Here’s what you need to know:1. Standard & Poor’s managing director John Chambers told Reuters yesterday that the United States would immediately have its top-notch credit rating slashed to “selective default” if it misses a debt payment on August 4th. “If the U.S. government misses a payment, it […]
President Barack Obama today addressed the ongoing dispute between the National labour Relations Board and Boeing. He did not bend to Republican pressure to criticise the independent agency for trying to prevent the opening of the aerospace giant’s new South Carolina factory.
[credit provider=”Flickr” url=”http://www.flickr.com/photos/medilldc/5430941803/in/photostream/”] Speaker of the House John Boehner fired back at the White House this afternoon, after President Barack Obama criticised Congress in a press conference for stalling a deal to raise the debt ceiling.”His administration has been burying our kids and grandkids in new debt and offered no […]
There’s what he says and what he signals. What President Obama signaled in his press conference this morning is that there is now a rough outline for a deal on deficit reduction and raising the debt ceiling.
President Barack Obama held his first solo press conference since March today.
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