Panetta set to end gay military ban

Panetta set to end gay military ban

Pentagon chief Leon Panetta has decided to end the ban on gays serving openly in the armed services and certify that repealing the 17-year-old prohibition will not hurt the military’s ability to fight, officials said Thursday. His decision, which was expected, comes two weeks after the chiefs of the military services told Panetta that ending […]

Obama open to stopgap debt deal

Obama open to stopgap debt deal

Running out of time, President Barack Obama softened his stand and signaled Wednesday he would back a short-term deal to prevent a disastrous financial default on Aug. 2, but only if a larger and still elusive deficit-cutting agreement was essentially in place. He called lawmakers to the White House in a scramble to find enough […]

New debt plan targets favored tax deductions

New debt plan targets favored tax deductions

A new bipartisan plan to reduce government borrowing would target some of the most cherished tax breaks enjoyed by millions of families — those promoting health insurance, home ownership, charitable giving and retirement savings — in exchange for lowering overall tax rates for everyone. Many taxpayers would face higher taxes — a total of at […]

Another Marilyn Monroe porn film?

Another Marilyn Monroe porn film?

A Spanish collector plans to auction what he claims is a newly discovered 8-mm version of a film purportedly showing Marilyn Monroe having sex when she was still an underage actress known as Norma Jean Baker. A Marilyn Monroe expert, however, says the actress in the film is someone else, considerably heavier and less feminine […]

Senate Republicans more flexible in debt standoff

Senate Republicans more flexible in debt standoff

Senate Republicans are showing far more flexibility than their tea party-backed House colleagues as Washington policymakers seek to steer the government away from a first-ever default on its financial obligations. As the House doubled down on a symbolic vote to condition any increase in the government’s borrowing authority on congressional passage of a balanced budget […]

The magic number: 217

The magic number: 217

The terms “billions” and “trillions” are tossed around in the nation’s debt ceiling debate. Probably no number, however, is more important than 217. That’s how many votes are needed in the 435-member House, with two vacancies, to pass any measure to raise the nation’s debt limit and avert economic convulsions in about two weeks. Interviews […]

Rick Perry: Another right-winger for Prez?

Rick Perry: Another right-winger for Prez?

Should Rick Perry conclude that voter discontent has left him an opening to enter the presidential race, the longtime Texas governor would be among the GOP field’s most conservative candidates. Primary voters would get a skilled politician with TV anchorman looks, a Southern preacher’s oratory and a cowboy’s swagger, matched by a disarming candor and […]

Tea party floats its debt plan

Tea party floats its debt plan

The next step in the weeks-long saga over how to increase the government’s borrowing cap is to let House tea party forces try it their way. A Republican “cut, cap and balance” plan set for a House vote Tuesday would condition a $2.4 trillion increase in the so-called debt limit on an immediate $100 billion-plus […]

Republicans divided on debt debate

Republicans divided on debt debate

It’s no wonder that Republican presidential candidates are divided over whether to increase the federal borrowing limit. Their voters are, too. Fiscal hard-liners in early-voting states say they won’t back someone who supports raising the debt ceiling under any condition. They say the debate in Washington gives the 2012 candidates a chance to show stark […]