July, 2011

 

Debt ceiling negotiations, July 31, 2011, 2:45 PM, Senate Minority Leader Mitch McConnell, Avoid default

Debt ceiling negotiations update, July 31, 2011, 2:45 PM, Senate Minority Leader Mitch McConnell, Avoid default From the Wall Street Journal July 31, 2011. “With the risk of a government default less than three days away, congressional leaders on Sunday said they were getting closer to a deal that raises the government’s borrowing limit, resolving the federal debt crisis. “I can pretty confidently say this debt-ceiling increase will avoid default,” Senate Minority Leader Mitch McConnell (R., Ky.) said on CNN. Live Blog: The Debt Battle The White House and congressionalRead More


Tentative budget deal reached, ABC news reports, Debt ceiling increase, Guarantee an equal amount of deficit reduction

Tentative budget deal reached, ABC news reports, Debt ceiling increase, Guarantee an equal amount of deficit reduction From ABC News July 30, 2011. “Democratic and Republican Congressional sources involved in the negotiations tell ABC News that a tentative agreement has been reached on the framework of a deal that would give the President a debt ceiling increase of up to $2.4 trillion and guarantee an equal amount of deficit reduction over the next 10 years. The details are still being worked out, and a senior White House aide tells ABC News,Read More


Senator Reid debt ceiling vote, Cspan live coverage, July 30, 2011

Senator Reid debt ceiling vote, Cspan live coverage, July 30, 2011 ***  UPDATE  *** House rejects Reid Bill. Democrats joined Republicans to vote it down. The vote on the Senate version of a debt ceiling bill is about to occur. Watch this live on Cspan. http://www.c-span.org/Live-Video/C-SPAN/ From the Chicago Tribune July 30, 2011. “Tense mood as lawmakers struggle for debt deal” “A bitter mood prevailed on Capitol Hill as lawmakers struggled on Saturday to find a compromise measure to lift the nation’s $14.3 trillion debt limit three days before aRead More


House passes Republican deficit plan, July 29 2011, Congress to pass a balanced budget amendment to the Constitution

House passes Republican deficit plan, July 29 2011, Congress to pass a balanced budget amendment to the Constitution From the Chicago Tribune July 29, 2011. “The House of Representatives approved a Republican deficit plan on Friday that has no chance of becoming law but could pave the way for a last-ditch bid for bipartisan compromise to avert a crippling national default. With time running short ahead of a Tuesday deadline to raise the debt ceiling, the Republican-controlled House pushed the deficit-cutting plan through by a vote of 218-to-210 after theRead More


Representative Sheila Jackson Lee requests Rupert Murdoch House committee hearings, Obama protected by Murdoch and Fox

Representative Sheila Jackson Lee requests Rupert Murdoch House committee hearings, Obama protected by Murdoch and Fox “The (American) press, which is mostly controlled by vested interests, has an excessive influence on public opinion.”… Albert Einstein “And if all others accepted the lie which the Party imposed –if all records told the same tale–then the lie passed into history and became truth. “Who controls the past,” ran the Party slogan, “controls the future: who controls the present controls the past.”…George Orwell, “1984″ From The Blaze July 28, 2011. “The third MuslimRead More