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Stories Tagged With Congress

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7 Pikks

President Obama seeks new version of line-item veto

The proposal is a variation on the line-item veto, which was approved by a Republican Congress in 1996 and used by then-president Bill Clinton to slice more than $2 billion from spending bills before being ruled unconstitutional in 1998. White House budget director Peter Orszag said the new proposal would pass legal muster because, unlike the line-item veto, which "gave the knife to the president," Congress would retain ultimate control over the budget scalpel.
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YES

NO

4 Pikks

Would a stock transactions tax dampen speculative bubbles?

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A stock transactions tax bill is floating around congress, it proposes to tax stock transactions in hopes of raising revenue and damping speculation. Would it work?
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4 Pikks

Do you want to see an ethics investigation on Massa?

Republicans on Thursday pushed the House ethics committee to look into whether Democratic leaders responded appropriately to complaints of misconduct by then-Rep. Eric Massa, an inquiry that could become an election-year embarrassment for Democrats.
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BELIEVE

DOUBT

5 Pikks

Former congressman Massa says Dems set him up over health care

Massa's allegation that he was the victim of a setup, in order to lower the number of "yes" votes needed to pass a bill, fed into that growing anxiety about Democratic tactics.
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HUGE

MINOR

6 Pikks

Obama signs ‘pay as you go’ legislation into law

the president praised so-called "pay as you go" legislation that he has just signed into law and that prevents Congress from approving new spending unless it is offset by budgetary cuts elsewhere. But Obama said this measure alone will not be enough. He recalled that this year he had proposed another 20 billion dollars in budget cuts and called for a freeze in government spending for three years.
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WANT

DO NOT WANT

10 Pikks

Healthcare Reform "Hanging by a Thread"

Sen. Chris Dodd reports only 1 or 2 votes could sway Healthcare Reform legislation one way or the other. Are we better off with needed new legislation despite the result being a soup of backroom deals, the consequences of which could not even be determined even if they were studied adequately beforehand? Or should we take the tortoise approach and make incremental change to our current systems in a planned and measured way that may help ensure we do more good than harm?
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10 Pikks

Merry Christmas! Senate raised debt limit by $290B last night

Senators voted 60 to 39 to raise the federal debt ceiling by $290 billion, to $12.4 trillion. That will be enough, once President Obama signs the measure into law, to allow the Treasury Department to borrow money to fund government operations and programs until mid-February.
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5 Pikks

Senate passes $1.1 trillion spending measure

Republicans say the increases are excessive and will burden the economy with more debt. They pointed to an estimated $3.9 billion in the bill for more than 5,000 local projects sought by individual lawmakers from both parties.
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FREEFED

CHECKFED

6 Pikks

Why Congress is Furious at the Fed - TIME

Is the Fed too independent? Given congressional gridlock, would oversight only make things worse? Which do you prefer?
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SHOCK

YAWN

8 Pikks

Twice divorced senator nominated girlfriend for US attorney job

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Chairman Max Baucus was having an affair with his current girlfriend when he recommended her for U.S. attorney last year, his spokesman said late Friday.
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WISE

WASTE

6 Pikks

Congress Will Hold Hearings on White House Party Crashers

It's all fun and games until the Secret Service gets involved. That's the message from Rep. Bennie G. Thompson (D-Miss.), the chairman of the House Committee on Homeland Security, who announced Monday that he will hold a hearing to investigate last week's White House security breach during the state dinner honoring the prime minister of India.
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5 Pikks

Reid 'optimistic' about getting 60 votes on health bill- are you?

Senate Majority Leader Harry M. Reid scrambled Tuesday to lock down votes behind a health-care bill that he may present as early as Wednesday. The Nevada Democrat would not confirm that he had received commitments from all 60 members of his caucus to overcome GOP procedural objections and bring the bill to the Senate floor, saying only, "I feel cautiously optimistic that we can do that. I think we're together as a caucus."
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