The White House on Wednesday stiffened its insistence that Congress expand the federal borrowing capacity, reiterating its stance that the administration cannot invoke the 14th Amendment to borrow above the debt ceiling. “I can tell you that the president does not believe that there is a backup plan or a...
National Journal’s Ronald Brownstein writes that no one should underestimate how much of a missed opportunity it represents. In this article, Brownstein argues that the deal stands as the rare event that could simultaneously set back the goals of the left, right, and center. http://bit.ly/RJdNJk
The Washington Post’s Wonk team sums it up as follows. “Thanks to an odd loophole in current law, the U.S. Treasury is technically allowed to mint as many coins made of platinum as it wants and can assign them whatever value it pleases. Under this scenario, the U.S. Mint would...
The VP, long one of the most maligned public figures operating in national politics, is on something of a roll. Biden stepped into (and negotiated) the fiscal cliff deal and he is now front and center on one of the Obama administration’s biggest — and certainly most high-profile — second-term...
As former Rep. Gabrielle Giffords announced her efforts to prevent gun violence Tuesday—exactly two years after she was shot in the head while meeting with constituents—some gun-control advocates say they see a powerful new symbol for their cause. She and husband Mark Kelly launched Americans for Responsible Solutions, announcing it...
Less than two weeks after Senate Republican Leader Mitch McConnell (R-KY) cut a deal with Biden to avert the fiscal cliff, a conservative group is attacking him for it. A new ad, which is featured on the Drudge Report and other websites, features a photo of McConnell between Biden and...
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