By: Reuters with CNBC.com The United States is on a fiscal path towards insolvency and policymakers are at a “tipping point,” a Federal Reserve official said on Tuesday. “If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,” Dallas Federal Reserve Bank President [...]
By BRIAN STELTER, The New York Times The possibility that Glenn Beck will exit the Fox News Channel at the end of the year has prompted a big question in media circles: if he leaves, how will he bring his considerable audience with him? Two of the options Mr. Beck has contemplated, according to people [...]
By George Bennett, The Palm Beach Post Term-limited West Palm Beach Mayor Lois Frankel announced today that she’s running for the congressional seat of freshman U.S. Rep. Allen West, R-Plantation, setting up what could be yet another expensive, nationally watched race in Palm Beach-Broward District 22. Democrat Frankel said she’ll focus on “jobs, jobs, jobs,” [...]
By Sean Sullivan, National Journal Promising “we the people of the United States will take back our government,” former Minnesota Gov. Tim Pawlenty (R) took the first step toward officially launching a presidential campaign Monday afternoon, announcing the formation of an exploratory committee in a video posted on his Facebook page. “This is our country. [...]
By GARANCE FRANKE-RUTA, The Atlantic Nick Baumann of Mother Jones reports that H.R. 3, a bill now gathering steam in the GOP-led House of Representatives, would demand reporting of abortions to Internal Revenue Service auditors: Under a GOP-backed bill expected to sail through the House of Representatives, the Internal Revenue Service would be forced to [...]
By Shane D’Aprile, The Hill Mississippi Gov. Haley Barbour (R) may have set the tone for the foreign policy debate in the Republican presidential nominating contest when he questioned the war in Afghanistan and its costs. Barbour’s comments were quickly met with derision from the neocon wing of the GOP, but some Tea Party-affiliated lawmakers [...]
By Peter Schroeder, The Hill Rep. Ron Paul (R-Texas) continues to hit his favorite ideas as chairman of a subcommittee overseeing domestic monetary policy, devoting his next hearing to the bullion program at the U.S. Mint. The House Financial Services Committee announced its April hearing schedule Friday, which included an April 7 hearing by Paul’s [...]
By MAGGIE HABERMAN, Politico MANCHESTER, N.H. — Rudy Giuliani, who’s looking at a presidential do-over after falling from first to last in 2008, faces long odds of becoming the Granite State’s next “Comeback Kid.” The former New York City mayor, scorched in his presidential campaign in this friendly-to-moderates New England state, remains a draw as [...]
Republican Rep. Allen West, a tea-party favorite from Florida, railed against earmarks and out-of-control government spending on the campaign trail last fall. But he’s happy to claim credit for a little federal largesse.
Republicans on the Hill are taking President Obama’s nominee for deputy director of the Office of Management and Budget (OMB) as a sign the White House is not serious about cutting spending.
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