Yes, another debt-ceiling debate is looming, and the Senate's attempt to deal with the issue Thursday involved complex legislative machinations that appeared to backfire on Mitch McConnell.
President Obama wisely wants to resolve the looming crises with the debt ceiling and the 'fiscal cliff ' now. If he can't strike a debt-ceiling deal, he has another option: Bring out the Constitution, whose 14th Amendment states that the 'validity' of US debt 'shall not be questioned.'
Actress/activist Ashley Judd has adopted causes that, however worthy, are national as opposed to Kentuckian in scope. Sen. Rand Paul (R) talked about her activism in a radio interview Wednesday.
The Obama administration, which appears to have the upper hand in its tax-the-rich fight, also seeks to make it harder for Congress to intervene when it comes to the national debt ceiling. That comes up again in early 2013.
Charlie Cook’s Political Report website lists actress/activist Ashley Judd as a possible Democratic nominee in the 2014 Kentucky Senate race. But so far, she hasn't given a definite 'yes' to running.
President Obama's fiscal cliff plan calls for, among other things, $1.6 trillion in tax increases over 10 years. But what really appears to annoy Republicans is the lack of specificity on spending cuts.
President Barack Obama has started the bidding on the 'fiscal cliff' deal with substantial concessions on tax increases and spending cuts, Reich writes.