FUBAR

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 […]

Newt’s run for President: A campaign on life support

Newt’s run for President: A campaign on life support

His presidential campaign on life support, Newt Gingrich ran into the county coroner at a recent tea party event in South Carolina. “I’m not here because you’re looking ill or anything,” Rae Wooten assured the former U.S. House speaker at Tuesday’s event in North Charleston. A chuckling Gingrich feigned relief. For the embattled White House […]

Palin’s fundraising falls way short

Palin’s fundraising falls way short

The primary fundraising committee for Sarah Palin, who is considering whether to seek the Republican presidential nomination, raised a paltry $1.6 million in the first half of 2011 in a sign that she is not attracting big funds for a presidential run. “That is peanuts,” said Jan Baran, a partner at Wiley, Rein and former […]