President Barack Obama was South Florida Friday hoping to rally support and convince Congress to make larger investments in the United States’ crumbling infrastructure.
By 11:59 Friday night, the White House will officially have to order the sequestration, a series of across-the-board, indiscriminate budget cuts that threaten to send the United States back into recession.
Florida Governor Rick Scott returned to his tea party roots Wednesday when he strangely said that if the sequestration is instituted, it will be because President Barack Obama’s administration, “fails to do its job.”
It’s an arcane budget term, but the sequester, is set to fundamentally reshape federal spending in ways that could set the economy on a path back to recession. The sequester is the beginning of a scheduled decade of financial austerity like has been seen in Europe in recent years.
A new nationwide poll from USA Today/Pew Research pulls back the curtain on what the public wants Washington to focus on in 2013 and beyond; and the results couldn’t be worse for many of the positions the Republican Party is taking on major policy issues.
As President Barack Obama and Congressional Republicans continue to fight over issues from spending to guns, the electorate is backing the president on most issues, according to a new Washington Post poll.
The United States is about to hit its Congressionally mandated debt ceiling and the standoff between Congressional Republicans and the White House is threatening to send the global economy into chaos.
When you get your paycheck on Friday, you may do a double-take at your new take home pay. Millions of Americans will see their paychecks go down after Congressional leaders allowed the payroll tax cut to expire at the beginning of the year.
As Congressional Republicans and President Barack Obama begin to clash over the raising of national debt ceiling, a plan relying on one or two coins save the nation has started to gain momentum.
Congressional leaders are patting themselves on the back Wednesday after finally passing a bill dealing with the fiscal cliff. The bill prevented most tax hikes for middle-class taxpayers, but that doesn’t mean Uncle Sam won’t be taking more out of your paycheck.