Archives for News

Can Obama salvage his failed Presidency?

With millions of Americans out of work and out of patience, President Barack Obama is going before a skeptical Congress to pitch an economic plan aimed at creating jobs urgently and forcing Republicans to own the problem with him. The underlying political strategy: If Obama can’t get his ideas passed heading into his re-election year, he at least hopes to show why he shouldn’t take the fall. In his speech Thursday, Obama is likely to offer at least a $300 billion package of ideas that would affect people in their daily lives — tax relief, unemployment insurance, spending to support
Read More

Congress returns to face the same old fights

Fights large and small await Congress as it gets back to business, with jobs and budget cuts topping a contentious agenda that also includes a lengthy roster of lower-profile but must-do items that also are potential victims of partisan gridlock. President Barack Obama is to unveil his jobs agenda in a nationally televised address Thursday night, but early glimpses of the package show it relies heavily on extending expiring programs. Obama is expected to propose $300 billion in tax cuts and federal spending to get Americans working again. Republicans on Tuesday offered to compromise with him on jobs — but
Read More

New GOP frontrunner faces tough test in debate

Texas Governor Rick Perry will be the man in the spotlight when Republican presidential candidates gather at Ronald Reagan‘s library for a debate on Wednesday. The conservative Perry, who has soared to front-runner status in just a few weeks as an official candidate, is to appear for the first time on the same stage as his rivals, who will be trying to knock him off his perch. The event is the first in a series of debates over the next six weeks that will help define the Republican race, which increasingly looks like a two-man contest between Perry and former
Read More

Perry suddenly remembers he’s still governor of Texas

Call it a leadership test in real time. Rick Perry left the presidential campaign trail this week to dash back to Texas, where wildfires have devoured more than 1,000 homes in a week. “Not paying attention to politics right now” is how the conservative Republican explained it after he ditched a high-profile campaign appearance in early-voting South Carolina to tend to his duties as governor. His attendance at a debate Wednesday night in California — it would be his first on the national stage — is now in question. “I’m substantially more concerned about making sure Texans are being taken
Read More

Obama, Congress hit new lows in polls

President Barack Obama‘s poll numbers continue to fall with only 44 percent of Americans approving of his performance as President. But the numbers of Congress are even worse. While 51 percent of those polled disapprove of Obama’s job performance, 82 percent think Congress is doing a poor job and only 13 percent approve of the job performance of those in the House and Senate. The numbers from the last NBC News/Wall Street Journal poll aren’t good for either party. The GOP‘s numbers are the lowest since 2008, when voters tossed out many Republican incumbents and put Democrats in control.  Sixty-eight
Read More

Republican ‘young guns’ now draw more jeers than cheers

A year after declaring themselves “Young Guns” ready to clean up Washington, these budget-slashing Republicans are drawing more jeers than cheers — and raising Democrats‘ hopes for next year’s election. Having rejected compromise and threatened government default, they and other Republicans have upset voters, who polls show are increasingly anxious about the economy and disgruntled with both political parties. Last month, Congress’ approval rating slumped to its lowest level ever — about 12 percent. “Right now, voters hate everyone,” said Steve Stivers, one of 62 first-term “Young Gun” Republicans in the House of Representatives. “People are frustrated. But I feel
Read More

Congress just makes the economy worse

With the economy facing a heightened risk of sliding back into recession, the country’s elected representatives may be pushing it closer to the brink. Democrats and Republicans say job creation is a top priority as they return to work this week, but there is a growing body of evidence that Congress is actually hurting the economy. A protracted budget stalemate in the first half of the year caused nervous federal agencies to sit on billions of dollars that should have been circulating through the economy. A vitriolic debate over raising the debt ceiling this summer spooked consumers, caused turmoil in
Read More

Debt-ridden postal service looks to Congress for help

The postmaster general is going to Congress to discuss the Postal Service‘s mounting debt. Postmaster General Patrick Donahoe is among the witnesses scheduled to appear Tuesday before the Senate Homeland Security and Governmental Affairs Committee. The Postal Service is facing a second straight year of losses of $8 billion or more. A decline in mail because of the Internet and the loss of revenue from advertising amid the economic downturn have taken a toll on the agency. Postal officials say they will be unable to make this month’s $5.5 billion payment to cover future employee health care costs because the
Read More

Voters to Palin: Stay out of Presidential race

Sarah Palin may think she has what it takes to be President and political gurus may think she should run but a Fox News poll shows voters across the political spectrum have a common message for the former Alaska governor: Stay out of the race! Even tea party members who earlier embraced Palin think she should stick to making money with books and speeches. According to the polls, 74 percent of all respondents don’t think Palin should ever run for President and 71 percent of Republicans said “nada” to a presidential run by the fading political star. Sixty-six percent of
Read More

Will a leaking economy sink Obama?

President Barack Obama faces a long re-election campaign having all but given up on the economy rebounding in any meaningful way before November 2012. His own budget office predicts unemployment will stay at about 9 percent, a frightening number for any president seeking a second term. Obama’s prospects aren’t entirely grim, however. The GOP, heavily influenced by the tea party, may nominate someone so deeply flawed or right-leaning that, Democrats hope, Obama can persuade Americans to give him a second chance rather than risk the alternative. Democrats say the man who ran on hope and change in 2008 will have
Read More