Driving the conversation: The Senate will vote today on a continuing resolution that would fund the federal government through Nov. 18 and provide $3.65 billion in disaster aid funding for the Federal Emergency Management Agency. If Congress does not act, the government will partially shut down at the end of …
Driving the conversation: Mitch McConnell says no. Harry Reid says maybe. At issue is a continuing resolution the House is expected to take up today. It would fund the federal government at current levels, but the $3.65 billion increase in FEMA disaster aid funding would be offset with cuts elsewhere in …
Driving the conversation: No part of President Obama’s newly-unveiled deficit reduction plan has attracted more attention than the so-called “Buffett Rule” – mentioned in yesterday’s WIAF – which would bar individuals making more than a million dollars from paying a smaller share of their income in taxes than middle income …
Driving the conversation: The east coast of the United States is bracing itself for a pounding from Hurricane Irene, expected to hit on Saturday. North Carolina, Virginia, Maryland, New Jersey, New York, and Connecticut have all declared a state of emergency. While the dangers to residents are worrisome, some commentators …
Driving the conversation: CBS News White House correspondent Mark Knoller marked a grim milestone for President Obama in a post on the network’s website last night. “The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 …
Driving the conversation: Col. Muammar Qaddafi was swept from power by Libyan rebel forces over the weekend. While rebels hold most of Tripoli, the country’s dictator remains at large, and the Libyan military reportedly still holds the area around the president’s compound. The Heritage Foundation, in today’s Morning Bell, is …
Driving the conversation: Americans’ approval of President Obama’s handling of the economy hit a new low yesterday. According to polling company Gallup, 71 percent of adults disapprove of the president’s economic performance. Just over a quarter of respondents said they were happy with his economic record. The last time Gallup …
The Bureau of Labor Statistics reported this morning that employers added 117,000 jobs in July, up from June’s dismal 18,000 but still below the number needed to keep pace with population growth. The unemployment rate also fell 0.1 percent to 9.1 percent. Get complete analysis from Heritage’s Rea Hederman and …
Now that President Obama has signed the Budget Control Act into law following weeks of grueling debate, lawmakers are packing their bags and heading home for August recess. Both houses of Congress return the first week of September, but neither passed a formal adjournment resolution, denying Obama the opportunity to make …
