A deal on the debt ceiling seemed increasingly unlikely as the plan by Senate Minority Leader Mitch McConnell to raise the limit without major spending reductions gained traction.
The House will vote on a doomed bill that would cut spending by $111 billion in 2012 and cap future outlays at 19.9% of gross domestic output. It would require Congress to send a balanced-budget constitutional amendment to the states. Republicans say they’re not going to cave in the debt ceiling talks.
The political left is pressing the White House and Congress to inflict a wave of Pentagon budget cuts not seen since the post-Cold War 1990s
Kenneth Melson, the ATF’s acting director, claims Justice Department officials refuse to release a telling internal report on the Fast and Furious operation.
Michele Bachmann has debilitating, stress-induced headaches that can put her out of commission for a day or more, according to The Daily Caller.
After angering conservatives last month by saying people have contributed to global warming, Mitt Romney now says carbon is not a health threat. With less than a month to go before the Iowa straw poll, it has become make-or-break time for Tim Pawlenty.
U.S officials met face-to-face with Qaddafi regime representatives to say Libyan strongman must step down.
Departing Obama Bank Czar Elizabeth Warren may run for Senate.
And Las Vegas mogul Steve Wynn is bashing Obama.