The House rejected a debt ceiling increase in a bipartisan 317-98 vote. House Republicans will meet with Obama at the White House today to discuss the issue. More than 150 economists backed Speaker Boehner’s call to match any increase in the debt limit with spending cuts of equal size
Meanwhile, the number of limousines in the federal government has grown 73 percent since President Obama took office, with Hillary Clinton’s State Department leading the way.
An economy stuck in low gear may hurt Obama in 2012, writes POLITICO.
Sarah Palin was mobbed on Day three of her mystery bus tour. After stops in Gettysburg and Philadelphia, she made it to New York City where she and Donald Trump went out for pizza in Times Square. Chris Christie told Iowa donors he still won’t run.
Departing Defense Secretary Robert Gates says he may have become “too cautious.”
Obama nominated former electric utility executive John Bryson to be Commerce Secretary, but Republicans vowed to hold up to appointment, demanding Obama submit pending free trade agreements for a vote first.
And the president will award the Medal of Honor to Sgt. 1st Class Leroy Arthur Petry, an Army sergeant who lost his hand in Afghanistan when he tried to toss an enemy grenade away from himself and two colleagues.