“Monday will be a big day in the District, but National Journal’s George E. Condon Jr. argues that it won’t be anything like Obama’s first swearing-in in 2009. As Lena Dunham noted in her controversial campaign ad for Obama in October, the first time is special. There is always a...
Interior Secretary Ken Salazar is leaving the Obama administration by the end of March and heading back to Colorado. Agriculture Secretary Tom Vilsack announced Monday his plans to continue serving in his post. CHIEF OF STAFF Denis McDonough, one of Obama's closest national security advisers, was named as his next...
“As President Barack Obama is set to begin his second term next week, he finds himself with a job-approval rating above 50% and with majorities supporting his general direction on gun control and immigration.”… “But he also confronts an American public holding mixed attitudes about the next four years, concerns...
FirstRead analysis … RAW DATA: Unemployment rate Then: 7.8% (Jan 2009) - Now: 7.8% (Dec 2012) Dow Jones Industrial Average Then: 7,949.09 (Close Jan 20, 2009) - Now: 13,534.89 (close Jan 15, 2013) Gross Domestic Product Then: -5.3% (1st quarter 2009)) - Now: +3.1% (3rd quarter of 2012) Consumer Confidence...
Gail Collins described it best … “When it comes to political games, this debt ceiling thing is like playing chicken on the railroad tracks. While wearing snowshoes.”
The U.S. government will exhaust its borrowing authority between mid-February and early March if Congress doesn’t raise the debt ceiling, outgoing Treasury Secretary Timothy Geithner told Congress in a letter on Monday. The nation nudged against the $16.4 trillion debt ceiling just before the New Year. Geithner has since been...
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