FUBAR

Obama’s debt-deal signature averts default

Obama’s debt-deal signature averts default

The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline. The vote was 74-26. Obama signed the bill little more than an hour later. Tuesday’s vote capped an extraordinarily difficult Washington battle pitting tea party Republican forces […]

FAA standoff costs could exceed $1 billion

FAA standoff costs could exceed $1 billion

The congressional standoff that has partially shut down the Federal Aviation Administration has some curious math. Lawmakers risk losing more than $1 billion in revenue from uncollected airline ticket taxes in a quarrel between Senate Democrats and House Republicans who are demanding a $16.5 million cut in rural air service subsidies. The shutdown is less […]

Giffords adds to debt-limit drama

Giffords adds to debt-limit drama

The total number of votes on the historic debt-limit bill was 430. One vote was more memorable than any of the others. Seven months after she was shot in the head, Rep. Gabrielle Giffords returned to the House on Monday to cast her vote. Thunderous applause and emotional hugs from her Republican and Democratic colleagues […]

Debt-limit debacle draws to a close…for now

Debt-limit debacle draws to a close…for now

The United States is poised to step back from the brink of economic disaster on Tuesday as a bitterly fought deal to cut the budget deficit is expected to clear the Senate and President Barack Obama‘s desk. Just hours before the Treasury’s authority to borrow funds runs out — risking a damaging U.S. debt default […]

Right-wing issues warning on debt deal

Right-wing issues warning on debt deal

Conservatives are warning of lasting political consequences as the Republican presidential field offers conflicting positions on the debt-ceiling compromise. Some activists likened the political impact of the high-stakes fight over the nation’s borrowing limit to the debate preceding the invasion of Iraq. And interest groups promised that each presidential contender’s position would be remembered, particularly […]

Debt deal really doesn’t reduce deficit all that much

Debt deal really doesn’t reduce deficit all that much

The compromise debt limit deal may have resolved this year’s most clamorous political battle between President Barack Obama and Congress, but it takes only a modest swipe at the heart of the matter: the government’s relentlessly huge budget deficits. The legislation, due a Senate vote Tuesday following Monday’s House passage, would save at least $2.1 […]

Voters played key role in debt-limit deal

Voters played key role in debt-limit deal

Dear voter: Want to know why Democrats and Republicans in Congress find it so hard to work together to solve tough problems like the debt ceiling, health care and Social Security? Look in the mirror. Americans gripe about cowardly, self-serving politicians, and Congress doubtlessly has its feckless moments and members. But voters are quick to […]

Jim DeMint relishes tea party role

Jim DeMint relishes tea party role

He calls himself Sen. Tea Party. That almost says it all about Sen. Jim DeMint’s role on the nation’s political scene in these nervous days of debt limit warfare and pre-election posturing. But unlike the fractious movement as a whole, DeMint is specific and focused on what change, exactly, he wants: passage — not just […]

Tea party extremism; buyer’s remorse

Tea party extremism; buyer’s remorse

House Republicans rode the tea party tiger to power last fall. Now it’s turning on them, forcing party leaders to endure embarrassing delays and unwanted revisions to crucial debt-ceiling legislation. This tiger did not change it stripes. When tea partyers emerged as a political phenomenon in 2009, they vowed to stand on principle and change […]