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Political News
Sliding in the polls and struggling at debates, Texas Governor Rick Perry unveiled his tax plan on Tuesday to help boost his fading presidential chances. Perry unveiled his proposal in The Wall Street Journal, warning that the United States will go the way of Europe if change isn't enacted quickly.Dubbed the Cut, Balance and Grow [...] Read More
Although Congress will likely hold up any attempt by President Barack Obama to pass his jobs bill, he may find another route to get some of his goals accomplished. Obama is ready to launch a new initiative aimed at helping homeowners and college students, The New York Times reports.Espousing the slogan "We can't wait," Obama [...] Read More
The Senate rejected President Barack Obama's slimmed-down jobs bill on Thursday as Congressional Democrats failed to get the 60 votes needed to break the Republican filibuster. The legislation was part of an effort by Obama to break up his $447 billion jobs proposal into separate acts, a move that apparently has not placated Republicans in [...] Read More
First they cheered Rick Perry's execution record, then they applauded Ron Paul's assertion that a hypothetical man without insurance be left to die, all before booing an openly gay veteran. The audiences at the GOP debates have garnered almost as much attention as the candidates, and on Tuesday night they did it again.Moderator Anderson Cooper [...] Read More
President Barack Obama has been very vocal about his displeasure with Wall Street and his tough talk has hurt him in campaign contributions. Obama has raised about $270,000 from firms since the spring, putting him far behind Republican frontrunner Mitt Romney who has taken in around $1.8 million from financial professionals, The New York Times [...] Read More
The U.S. House of Representatives passed a bill that aims to amend the health care law in order to bar federal money from going toward health plans that provide abortions. The bill, known as the Protect Life Act, received 251 votes in favor and 170 against, and will now move on to the Senate, according [...] Read More
Protesters in New York's Zuccotti Park were gearing up for a confrontation with police Friday morning that eventually never came. New York Mayor Michael Bloomberg had ordered the demonstrators to move so that the park could be cleaned but officials postponed it until further notice, Reuters reports.The cleaning may have proven to be a de [...] Read More
Warren Buffett, the world's third-richest person who has been a vocal proponent of increasing taxes on the wealthiest Americans, has taken his struggle to Congress' deficit-reduction super committee. He sent the group a series of letters between himself and Republican Representative Tim Huelskamp of Kansas which indicated that he would be willing to release his [...] Read More
Despite a string of impressive performances at the Republican debates, Mitt Romney has fallen behind in the polls to an unlikely challenger. In the latest survey, businessman Herman Cain has vaulted to the top with 27 percent support from prospective Republican voters, CBS reports.The figure puts Cain four points ahead of Romney, who many consider [...] Read More
The candidates for the Republican nomination for president squared off once again in a debate Tuesday night, and although many tried few managed to land any significant blows on front runner Mitt Romney. The former Massachusetts governor was in his element as the ninth debate focused largely on the economy, The Huffington Post reports.The event, [...] Read More
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